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Updates from September, 2010

  • Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year.
    1:01 am on September 6, 2010
     
  • Chrysler Group's 7 percent sales increase in August bucked the industry's 21 percent tumble. There are several reasons Chrysler was able to enjoy its fifth straight month of year-over-year sales increases.
    1:01 am on September 6, 2010
     
  • No surprise: August's 21 percent auto sales drop, to the lowest level for the month in nearly 30 years, was dismal. Last month's numbers were dragged down by comparison with August 2009, when sales soared because of cash for clunkers.
    1:01 am on September 6, 2010
     
  • Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership.
    1:01 am on September 6, 2010
     
  • Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.'
    1:01 am on September 6, 2010
     
  • Every August, about 15,000 of America's wealthiest car buffs stroll the misty golf greens of Pebble Beach in Guccis, sipping chardonnay and admiring lovingly restored, flapper-era Morgans and Rolls-Royces and pre-war Bugattis.
    1:01 am on September 6, 2010
     
  • High-flying Subaru has been outperforming the U.S. market for the past two years. But overall, Japan's smaller carmakers have had a tough time in the United States for much of the past decade.
    1:01 am on September 6, 2010
     
  • Joel Ewanick, 50, is rebuilding a marketing staff at General Motors Co. that has been shaken by last year's bankruptcy and subsequent turnover.
    1:01 am on September 6, 2010
     
  • The U.S. government is likely to take a loss on General Motors Co. in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
    10:44 am on September 4, 2010
     
  • The U.S. government is likely to take a loss on General Motors Co. in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
    10:44 am on September 4, 2010