G.M.âs Car Sales Rise in an Otherwise Tough Month
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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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Sales rise, but earnings and margins are on the fritz.
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Strong demand for gasoline and tight motor fuel inventories will push pump prices higher in July and August, the government said on Tuesday.
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Sales jump more than 21% in December as the French race to snap up big cars before new emissions law.
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Demand for passenger cars amid high gas prices drove U.S. sales increases in May for General Motors Corp., Toyota Motor Corp. and Nissan Motor Co. as industrywide sales rebounded slightly from a weak spring.
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Factory orders for costly manufactured goods in July recorded the biggest gain in four months. New-homes sales, meanwhile, slid, according to a pair of reports that offered a mixed picture of economic activity.
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Japanese carmakers Toyota, Nissan and Honda see strong US car sales in October but sales at Ford and General Motors drop.
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More cars than light trucks were sold in the U.S. last month, as gasoline prices nationwide soared to more than $3 a gallon.
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High Street sales saw their strongest growth last month since mid-2006 despite recent rate rises, a report says.
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General Motors Corp  on Tuesday said U.S. sales rose more than 5 percent in August, boosted by strong demand for its pickup trucks and sport utility vehicles.
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DaimlerChrysler Canada  cruised to its 11th straight monthly sales increase in June, a month in which sales rose at all companies that make cars in Canada except for General Motors , company and analyst figures showed on Wednesday.
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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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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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Higher gasoline prices and interest  rates took a toll on U.S. vehicle sales in June, with General  Motors Corp.  braced for a sharp decline from last year&#039;s  incentive-boosted numbers, analysts and executives said.
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Toyota, Honda and Nissan rode a slew of new products to double-digit gains in October, while General Motors and Ford, the nation&#39;s two largest automakers, said demand for new vehicles
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U.S. car and truck sales likely slowed in October from incentive-driven, surprisingly strong levels in September, and Detroit automakers look set to take most of the fall.
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General Motors Corp  said on Thursday its global sales rose 4 percent to a record 2.38 million cars and trucks in the third quarter of 2007, driven by strong demand in emerging markets.