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Kelley Blue Book Analyst Sees Big Slow-Down For New Vehicle Sales Growth
Wednesday, January 28, 2015 - 2:19pm | 283Sales of new vehicles are expected to grow at a slowing pace in the current year, while an "onslaught" of used cars will hit the market, according to an analyst. New vehicle sales growth in 2015 will slow to a 3.7 percent pace from 5.8 percent in 2014, according to Alec Gutierrez of...
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GM's Fourth-Quarter Earnings Disappoint, But Are Not The End Of The Story
Thursday, February 6, 2014 - 3:39pm | 513A mixed bag Thursday, for number-one U.S. automaker General Motors (NYSE: GM). The company announced its fourth-quarter earnings rose 2 percent compared to the same time period last year. But its 2013 net calendar income dropped 22 percent compared to a year earlier, to $3.8 billion,...
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Toyota Top in Auto Sales, Faces Fallout after Jury Ruling
Monday, October 28, 2013 - 3:54pm | 702Officials at Toyota Motors (NYSE: TM) must be ending this month with mixed emotions. New January-to-September sales figures show the auto-maker on top of the international market. But at the same time the company is dealing with the fallout of a jury decision late last week – that found Toyota...