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Automotive News Retail News Feed
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News as it happens from autonews.com
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Peddle Beach: New products pitched amid the classic cars
Every August, about 15,000 of America's wealthiest car buffs stroll the misty golf greens of Pebble Beach in Guccis, sipping chardonnay and admiring lovingly restored, flapper-era Morgans and Rolls-Royces and pre-war Bugattis.
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Sales stink, but smell those sweet profits
No surprise: August's 21 percent auto sales drop, to the lowest level for the month in nearly 30 years, was dismal. Last month's numbers were dragged down by comparison with August 2009, when sales soared because of cash for clunkers.
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Dealers see Fiat profits -- but when?
Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership.
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Chevy dealers told to buy rivals, so Cruze can show 'em up
Chevrolet is so confident in its new Cruze compact sedan that it is encouraging dealers to buy competitors' vehicles for comparison test drives.
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Toyota will push safety in ad blitz
Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.'
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Webinar to look at new ways to pay salespeople
Auto dealers are exploring new ways to pay salespeople when sales are weak and profit margins are thin. On Wednesday, Sept.
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Guide audits certified segment
Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year.
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Kia says rise in transaction prices shows it's moving upmarket
Kia says transaction prices are rising and buyers are selecting higher trim levels, proving that its effort to shed a value-brand image is working.
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NADA opposes letter-grade labels for vehicles
The National Automobile Dealers Association said it will likely oppose a federal proposal to label new vehicles with a letter grade from A+ to D based on their fuel economy and emissions.
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Mitsubishi will upgrade i-MiEV for U.S.
The U.S. version of Mitsubishi's i-MiEV electric minicar will be bigger and include more features than its Japanese and European counterparts when it arrives here in late 2011.
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