GM, Asian carmakers post sales gains; Ford, Chrysler dip Despite California wildfires and continuing problems in the housing market, General Motors and its Asian rivals posted U.S. sales increases in October and Toyota continued its drive to replace Ford as the No. 2 U.S. automaker, according to sales results released Thursday. Story Chrysler cuts up to 12,100 more jobs, 4 models Chrysler said Thursday it plans to cut up to 12,000 jobs as part of an effort to slash costs and match slowing demand for some vehicles. Story Toyota retunes Corolla as techier and edgier The world's all-time best-selling car is going high-tech. Toyota says the all-new Corolla compact will become the smallest non-luxury car with XM satellite navigation for real-time traffic information when it goes on sale in February. Story Oil's records headed for gas pump Energy futures surged Wednesday after the government reported an unexpected drop in crude oil inventories for the second week in a row. Story Coming to an auto showroom near you ... maybe The trick at a big foreign auto show is trying to decipher which vehicles are concepts never meant for production, which are for the home market, and which are harbingers of vehicles bound for the U.S. There are plenty of each at this year's Tokyo Motor Show. Story After hitting historic highs, oil prices fall Oil jumped to a record high near $94 a barrel Monday, topping its inflation-adjusted high from 1981, as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows. Story |
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