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Auto sales surge in Canada, U.S.; growth moderate globally: Scotiabank

2014-09-24 18:07:03| Auto Dealers - Topix.net

Global light vehicle sales eased back on the accelerator in August, but in Canada and the United States it was still full speed ahead, according to a new report from Scotiabank . Bank senior economist and auto industry specialist Carlos Gomes says auto sales around the world were up a meagre one per cent in August compared with the same month a year ago - the smallest advance of the past year.

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US: auto sales gains spur increased hiring at the Detroit Three

2014-09-24 10:23:15| Auto Dealers - Topix.net

GM, Ford and Chrysler have managed to stage a dramatic comeback form the grim years of the last economic depression - a situation that reflects both on sales and their employment levels. Back in 2008-2009 both GM and Chrysler went through a painful bankruptcy process that saw one under government rule until this year and the latter now a wholly owned subsidiary of Italy's Fiat SpA.

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China auto sales growth slows in August

2014-09-12 00:02:47| Auto Dealers - Topix.net

China's auto sales reached 1.72 million vehicles in August, a rise of just 4.0 percent compared with the same month a year ago, an industry group said Thursday. In July sales had climbed 6.7 percent year-on-year to 1.62 million vehicles, previous figures showed.

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China's auto sales growth decelerates to 8.5 per cent in August but SUV sales jump 30 per cent

2014-09-11 11:31:39| Auto Dealers - Topix.net

China's auto sales growth decelerated further in August to 8.5 per cent while sales of popular SUVs surged by nearly a third. The China Association of Automobile Manufacturers said Thursday that drivers in the world's biggest auto market by vehicle sales bought 1.5 million passenger cars.

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Ford keeps top auto sales spot in Canada

2014-09-04 01:24:02| Auto Dealers - Topix.net

Ford Motor Co. of Canada said today that it was the country's top seller of new vehicles in the month of August, as sturdy truck demand helped it maintain leadership for a fifth consecutive month.

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