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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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In Mexico, auto sales stalled through the first seven months of 2014, causing some concern that new tax policies implemented at the beginning of 2014 were hurting auto demand growth; however, motivated by incentives to help spark demand, light vehicle sales grew throughout the second half of the year. million units. million units.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Additional to China, Brazil ($7.6 billion), India ($7.4

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