US auto demand remains static
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Nissan Motor Co, Japan&#39;s second- biggest carmaker, said total vehicle sales in the United States next year may be similar to 2004, even as the price of petrol rises and growth slows in the world&#39;s largest economy.
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The International Energy Agency kept its 2008 forecast for oil demand unchanged on Wednesday despite growing expectations of a recession in the United States.
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Oil prices held steady on Thursday as  concern over lean heating fuel supplies in the United States  and Europe ahead of winter stemmed falls of nearly $10 since  late October.
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U.S. auto sales are likely to post  a razor-thin increase this year compared to 2004, when they had  their fourth-highest annual total on record, an economist who  closely monitors the automotive industry said on Sunday.
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Some still question the vehicle's chances of success, despite a boost from India.
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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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U.S. auto sales are likely to post a razor-thin increase this year compared to 2004, when they had their fourth-highest annual total on record, an economist who closely monitors the automotive industry said on Sunday.
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Sure, the UAW got back to work and Wall Street revved up GMâs stock. Now comes the carmakerâs real challenge: creating a car Americans will buy.
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German carmaker DaimlerChrysler AG on Wednesday said its total US vehicle sales grew 1.6 percent in October, with a slight rise in sales of Chrysler Group vehicles offset by waning demand at the Mercedes-Benz group.
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US consumers lost a little of their enthusiasm for auto purchases last month but spent like mad in a number of other areas including clothing and gasoline, the US Commerce Department reported Friday.
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Oil prices held steady on Wednesday  as traders awaited key inventory data in the United States, the  world's biggest energy consumer, and a fresh outlook on the  U.S. economy from the Federal Reserve.
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The average incentive on cars and trucks sold in the United States fell by nearly 11 percent in October from September as automakers ramped up inventories of new 2005 model year vehicles with fewer discounts, an industry tracking group
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Some automotive industry executives insist that Americans still won't pay for significantly higher fuel economy. Are they right?
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The Chrysler Group of DaimlerChrysler AG was the only domestic car company that gained ground during November, marking its eighth straight month of US vehicle sales increases.
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U.S. automakers surrendered more market   share in August as sales incentives and gains by Asian   automakers kept overall sales steady, analysts said on   Thursday, a day before car makers release monthly U.S. sales   results.
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Oil prices were little changed Friday amid concerns over a possible slowing of the U.S. economy that could lead to a drop in fuel demand.
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US auto sales declined 12 percent to 1.43 million vehicles in August, as near-record gasoline prices hurt demand. The six largest automakers all had sales drops for the first time in almost two years.