November 1, 2007

GM, Asian automakers report gains (AP)

An unidentified shopper looks over unsold 2008 Yukons on the lot of a GMC Truck dealership in the small northwest Colorado community of Meeker on Oct. 26, 2007.  An uncertain housing market and high oil prices likely took a toll on auto sales in October, a Goldman Sachs analyst said ahead of the industry's Thursday sales reports. (AP Photo/David Zalubowski)AP – 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.

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