Cloud hangs over Dec. auto sales
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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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(Detroit-AP) Dec. 2, 2004 - The nation&#39;s two largest automakers are reporting weak November sales and announcing plans to reduce production.
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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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Ford Motor Co.  dropped from  second to fourth in the U.S. auto market in November as its  sales slid by 10 percent, while Toyota Motor Corp.'s (7203.T)  sales surged 16 percent to put it in the No. 2 spot.
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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Autozone&#39;s (AZO:NYSE - news - research) first-quarter sales and earnings were virtually unchanged from a year ago, held back by higher fuel prices that made car owners skittish.
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Many online merchants this year will still sell goods with standard shipping terms through Monday, Dec. 18, or Tuesday, Dec. 19, a boon for late holiday shoppers.
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Last-minute Christmas shoppers helped lift this month&#39;s retail sales, but some analysts still are concerned that Americans didn&#39;t spend enough to give chain stores the boost they had requested from Santa.
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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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Bargain hunters got a sluggish start but finally hit the slushy streets yesterday, alongside snow plows and sand trucks, to give retail sales an extra bump this holiday season.
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Auto sales continued to struggle around the globe. Citigroup&#39;s earnings top expectations, but its revenues are light. Apple&#39;s stock jumps as iPod sales surge.
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The mystery of what went wrong for the software industry in late June when sales stalled at more than 20 brand-name companies is not even close to being solved although the third quarter is nearly halfway over.
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The nation&#39;s retailers remained on edge Sunday, as the much-hoped for sales bonanza appeared not to materialize on the last weekend before Christmas, despite an abundance of deals on toys and apparel.
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The top two U.S. automakers continue to deal with declining sales while the little guy grows.
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January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales fell sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed on Wednesday.
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U.S. shoppers have kept a tight grip  on their wallets this holiday season with indices on Tuesday  showing sluggish sales in the second week of the  season.
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Business & money: December sales fall 0.4% despite discounting, as housing demand also points to deepening slump