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By TOM KRISHER, AP Auto Writer 52 minutes ago DETROIT - With October auto sales expected to fall short of September's 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped looking for cars out of fear that..
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By BREE FOWLER, AP Auto Writer Mon Oct 6, 7:09 AM ET NEW YORK - Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential bu..
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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 packag..
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By TOM KRISHER, AP Auto Writer 1 hour, 51 minutes ago DETROIT - General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loa..
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1 hour, 8 minutes ago DETROIT (Reuters) - The U.S. auto market should start to see some improvement toward the end of 2009, Chrysler LLC President Jim Press said on Friday.
U.S. auto sales were down more than 11 percent through the first eight months o..
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By David Bailey 2 hours, 50 minutes ago DETROIT (Reuters) - Automakers are expected to post a 10th consecutive month of U.S. sales declines on Wednesday as incentives on slow-selling trucks and SUVs and General Motors Corp's (GM.N) employee pricing prom..
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Mon Aug 25, 2:38 AM ET (Reuters) - U.S. auto makers are expected to report big declines in August domestic sales despite stepped-up incentives, the Wall Street Journal said citing a report by J.D. Power & Associates.
Industry-wide sales, however, will..
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2 hours, 57 minutes ago NEW YORK (Reuters) - Capital One Financial Corp (COF.N), one of the largest issuers of MasterCard and Visa credit cards, said on Friday more borrowers are falling behind on their auto loans, while credit metrics in its U.S. credi..
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By Glenn Somerville 29 minutes ago WASHINGTON (Reuters) - Retail sales edged down 0.1 percent in July on a big drop at auto dealers, the government said on Wednesday in a report suggesting consumers were straining to keep spending up amid rising prices...
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By MARTIN CRUTSINGER, AP Economics Writer 2 hours, 31 minutes ago WASHINGTON - Retail sales edged up by a weaker amount than expected in June as sales at auto dealerships plunged.
The Commerce Department reported Tuesday that retail sales increased by..
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11 minutes ago WASHINGTON (Reuters) - Total sales at retailers rose a less-than-expected 0.1 percent in June, as auto sales had their biggest drop in more than two years, a Commerce Department showed on Tuesday.
Auto and auto parts sales fell 3.3 perce..
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Sun Jul 6, 1:35 AM ET SEOUL (Reuters) - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth..
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Fri Jul 4, 11:11 PM ET SEOUL (Reuters) - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.
The latest labor action follows a two-hour..
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By Soyoung Kim 1 hour, 23 minutes ago DETROIT (Reuters) - General Motors Corp (GM.N) will need to raise as much as $15 billion in cash to shore up liquidity and bankruptcy is "not impossible" if the U.S. auto market continues to slump, Merrill Lynch sai..
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By Kevin Krolicki 2 hours, 24 minutes ago DETROIT (Reuters) - U.S. auto sales plunged in June, but a month-end clearance sale helped General Motors Corp (GM.N) retain its No. 1 spot and steer clear of the wipeout many had feared, sending its shares clim..
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By Soyoung Kim 56 minutes ago DETROIT (Reuters) - U.S. auto sales in June are expected to post a double-digit decline, dropping to a 15-year low as record gas prices killed the market for trucks and SUVs and made it impossible for many drivers to swap o..
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1 hour, 3 minutes ago DETROIT (Reuters) - Shares of General Motors Corp dropped nearly 10 percent and dragged down the auto sector on Thursday as Goldman Sachs cut GM to a "sell" rating and warned that the struggling automaker could have to raise capita..
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48 minutes ago DETROIT (Reuters) - Shares of General Motors Corp (GM.N) tumbled on Monday to their lowest level in 33 years while rival Ford Motor Co (F.N) fell to a three-month low on concerns about weak U.S. auto demand in June and the rest of the yea..
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1 hour, 18 minutes ago (Reuters) - Ford Motor Co's (F.N) and General Motors Corp's (GM.N) financial arms may need to write down $1.1 billion and $1.5 billion, respectively, said a Lehman Brothers analyst, who expects U.S. auto credit to be pressured by..
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By Kevin Krolicki 8 minutes ago DETROIT (Reuters) - Shares of automakers General Motors Corp (GM.N) and Ford Motor Co (F.N), parts suppliers and auto retailers all tumbled on Wednesday as investors reacted to signs of a further slowdown in June auto sal..
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