US auto sales seen down in December, outlook weak
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Housing woes and high gas prices likely  combined to send U.S. auto sales to a weak finish in December,  capping the industry's worst sales year in a decade and  increasing pressure on U.S. automakers to cut production  further, analysts said on Wednesday.
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Ford Motor Co  on Thursday posted a 9 percent decline in U.S. sales for December.
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US car and truck sales are likely to rebound in December from a disappointing November, but the bulk of the gain is expected to come from Asian automakers, analysts said.
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Sales of previously owned U.S. homes fell more than expected in December, ending a year that brought the sharpest housing slowdown since 1982 and the first annual drop in prices since the Great Depression.
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General Motors Corp. will have a tough  time posting stronger U.S. sales in December, a top GM  executive said on Friday, but the automaker is determined to  stop any further loss of U.S. market share.
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WASHINGTON -- Retail sales, hurt by a big drop in auto purchases, slowed in January to the weakest performance in three months.
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U.S. auto sales have been slipping as   domestic automakers have struggled to boost sales amid high gas   prices this year -- a trend that will continue into next year,   industry executives and analysts said.
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Retail sales fell 0.3 percent in January &#151; the weakest showing in five months &#151; as a big drop in demand for cars offset strength at clothing and department stores. Spending was powered mostly by consumers anxious to use holiday gift cards.
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BusinessWeek Online - November ended with a volley of unfriendly data for the U.S. economy, and it looks as if December is starting out the same way. Weakness in U.S. economic reports released on Dec. 1 concerning the Institute for Supply Management's factory sentiment index, and construction spending -- following the weak releases on durable goods orders, the Chicago purchasing managers' sentiment index, and initial jobless claims earlier in the week -- have taken a big chunk out of the near-term U.S. GDP outlook. But the reports probably won't move the Federal Reserve from its current policy path.
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LOS ANGELES - Toy makers and major retailers are bracing for potentially weak Christmas sales this year amid concerns that consumers, many squeezed by skyrocketing gas prices or uneasiness over the economy, will spend less on holiday shopping.    On Monday, No...
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Toyota Motor Corp  said on Thursday its U.S. sales fell 1.7 percent in December.
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Business & money: Analysts forecast that Next will report a fall in like-for-like store sales in the run-up to Christmas
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General Motors Corp  said on  Thursday its U.S vehicle sales fell 5.2 percent in December as  consumer demand softened amid a weak housing market and higher  gas prices.
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General Motors Corp.  on Tuesday posted a 6 percent drop in U.S. vehicle sales for December, ending a year when it lost more than 1 percentage point of U.S. market share.
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U.S. auto sales are expected to have dropped in May as a weak housing market and higher gas prices sapped demand, analysts said this week.
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Hopes for a bullish start to the year for stocks faded after a key measure of manufacturing activity unexpectedly fell in December to its lowest level since 2003.
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General Motors Corp.  on Tuesday  said that overall 2006 U.S. auto sales were likely to come in  below the 2005 total because of higher interest rates and  gasoline prices.