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Slow Recovery for U.S. Auto Sales

Writer's picture: OurStudioOurStudio

U.S. auto sales continued to show a slow but steady recovery in August, as all three Detroit automakers and Toyota Motor Corp reported gains that outstripped analyst expectations.

General Motors Co posted a 10 percent jump, as higher gasoline prices spurred sales of compact cars including GM's Cruze. Average U.S. gasoline prices rose 21 cents a gallon in the past month.

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