By Kevin Krolicki 1 hour, 6 minutes ago FLINT, Michigan (Reuters) - General Motors Corp (GM.N) Chief Executive Rick Wagoner said on Thursday that September U.S. auto sales were running about flat from August, but held out hope a federal auto loan package, tax breaks and a banking bailout, all pending in Congress, would support demand."The market this month seems kind of like last month," Wagoner told reporters. "Last month, we also had tight credit, so I think there's no question that it's affecting automotive activity. I can't tell you honestly as we sit here today that it seems worse than last month, but certainly no better."
August U.S. auto sales marked the 10th straight month of declining sales, the longest such downturn since the 2001 recession. Industry-wide sales fell almost 16 percent to an annualized rate of 13.7 million units for the month.
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