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Automakers poised for sales rebound?

The Associated Press

DETROIT – Nearly every major automaker saw U.S. sales drop in
August, but many saw signs that the worst slump in recent history may
have bottomed out.

Most upbeat were executives from General Motors Corp., which posted
a 20.3 percent sales decline from a year ago but a 31 percent
improvement over July’s dismal totals.

Chrysler LLC said its U.S. sales fell more than 34 percent in
August. Ford Motor Co. reported a 26.5 percent decline. Toyota Motor
Corp.’s sales dipped 9.4 percent, and Honda Motor Co. saw a 7.3 percent

Nissan Motor Co. saw August sales climb 13.6 percent from a year ago.

The Associated Press

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