Mixed fortunes for US car makers
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General Motors Corp said its September sales jumped 25per cent, boosted by strong demand for its pick-ups and sport-utility vehicles.
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SAN FRANCISCO (CBS.MW) -- November US auto sales for domestic manufacturers disappointed industry watchers on Thursday, raising concerns about tepid results in the typically strong final month of the year.
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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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DETROIT -- New car and truck sales rose more than two per cent during the first 10 months of 2004, but many of the companies that supply parts to the big automakers have little to celebrate -- their profits are shrinking as raw materials costs rise and
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America still loves large cars, but the auto industry is hedging its bets. With knockout style, a fleet of sexy little cars is on the way
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Asian brands push Ford, DaimlerChrysler and GM to offer greater incentives and come out with new styles. By John Porretto. DETROIT -- Most veteran forecasters say they expect a familiar sales trend in the US
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The biggest Japanese automakers earned an average $2,400 more per vehicle sold in North America than U S -based rivals in 2005 by charging more and spending less on labor and health care, according to a study released yesterday.
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Sometimes even a stylish, well-engineered new vehicle has trouble gaining traction in the marketplace.
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Automakers got off to a rough start in 2008, but General Motors served up a surprise on Friday with higher sales in January on strong demand for its new car models.
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Auto insurer posts strong earnings, but a down cycle may be about to begin.
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Ford's US sales fall 10%, adding to the pressure on the carmaker but rival General Motors enjoys a rise in sales.
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General Motors Corp. and Ford Motor Co.   lost more than a sixth of their combined U.S. sales in  January, and Toyota Motor Corp. extended its 20-month winning  streak and claimed the No. 2 spot in the U.S. market.
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Asian automakers, led by Toyota Motor and Nissan Motor, gained a record share of the US market in October as improved quality and fuel efficiency bolstered demand for their newest car and light truck models.
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Automaker posts third-quarter net income up 7.5%, but strengthening yen and discouraging outlook for U.S. economy temper sales forecasts for the year to come.
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Before any law has been passed, carmakers are putting on stability control systems. They like their buyers alive. Rollovers are the safety curse of sport utility vehicles.
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Asian computer makers including  Lenovo Group Ltd  and Asustek Computer are finding  growth prospects in an unlikely place: the United States, a  mature, slowing market compared to other regions.
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DetroitÂs big rebates and interest-free financing deals have strengthened car sales for the last three years. But they have also eroded the resale value of many American automotive brands.