Mercedes Car Group sales down 1.3 pct.
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A drop in sales of the Smart fortwo offset a slight gain in sales of Mercedes-Benz branded-cars, automaker DaimlerChrysler AG said Wednesday, as sales last month fell 1.5 percent from a year ago.
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Auto retailer reports that profit fell 6 percent in the third quarter as sales of new cars declined. DETROIT  - Auto retailer CarMax Inc.
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DETROIT -- Faced with vehicles languishing on its US dealer lots, DaimlerChrysler AG said yesterday it will slash retail deliveries by nearly 24 percent in the third quarter.
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Daimler posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler, but analysts cheered big gains by its Mercedes-Benz Car Group.
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Shares of Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. fell after their combined August US sales declined for the first time since 2002.
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The company's sales fall, pulling down its stock price.
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General Motors Corp.  on Tuesday  said U.S. sales fell 24 percent in June, a decline much larger  than analysts expected.
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WASHINGTON, Feb. 14  â Retail sales, hurt by a big drop in autos, slowed at the start of the year while business inventories had their poorest showing in 17 months.
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Sales at retailers rose a smaller-than-expected 0.3 percent in August and they recorded the biggest decline in almost a year when car sales were stripped out, a government report showed on Friday.
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â¢ Group 1 Automotive reported a net loss of $9.6 million for the third quarter, which ended Sept. 30. The results include a charge of $29.
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DaimlerChrysler reported fourth-quarter results which fell far short of expectations on Thursday, hit by a collapse in profits at the Mercedes Car Group luxury division.
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The auto parts retailer turns to profitability but sees key sales effort fall below last year.
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General Motors Corp.  on Tuesday said U.S. sales fell 24 percent in June, a decline much larger than analysts expected.
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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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The Big Three automakers' share of American vehicle sales fell to its lowest level ever in 2004 as Japanese carmakers posted record sales.
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Mercedes-Benz USA, a unit of DaimlerChrysler AG, posted a slight increase in September sales Friday, in a month with one more selling day that the year before.
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DaimlerChrysler AG  on Tuesday said its U.S. sales fell 2 percent in June.