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By Craig Trudell, Bloomberg |
February 28, 2013
New car buyers, shunned by lenders just four years ago, now are benefiting from historically low interest rates and more-available credit, pacing a U.S. auto market that is hovering near pre-recession levels.
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By Michelle Jamrisko, Bloomberg |
February 4, 2013
Orders placed with U.S. factories increased less than forecast in December, reflecting a drop in non-durable goods that partly countered gains in construction equipment and computers.
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By Craig Trudell, Bloomberg |
February 1, 2013
Ford Motor Co., General Motors Co. and Chrysler Group LLC reported January vehicle sales gains that topped estimates, as the U.S. auto market begins a fourth consecutive year of growth with buyers returning to showrooms.
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By Craig Trudell and Keith Naughton, Bloomberg |
January 28, 2013
When Ford Motor Co. posts fourth- quarter results tomorrow, the numbers probably won’t look great, likely the lowest operating profit of the year. Those figures mask the optimism coming from an unlikely place: Europe.
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By Michelle Jamrisko, Bloomberg |
January 4, 2013
Orders to U.S. factories were little changed in November, depressed by a drop in non-durable goods that masked gains for capital equipment which point to a pickup in business investment in 2013.
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By Craig Trudell, Bloomberg |
January 3, 2013
General Motors Co., Ford Motor Co. and Chrysler Group LLC posted December U.S. vehicle sales gains that exceeded analysts’ estimates, completing a year of surprising growth that helped propel the country’s economy.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
January 3, 2013
Federal Reserve policy makers said they will probably end their $85 billion monthly bond purchases sometime in 2013 with members divided between a mid- or end-of-year finish.
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By Craig Trudell, Bloomberg |
January 2, 2013
U.S. light-vehicle sales probably rose in December to wrap up a three-year run unrivaled in almost four decades as consumers replaced cars and trucks that are, on average, the oldest ever on the nation’s roads.
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By Craig Trudell, Bloomberg |
December 3, 2012
Ford Motor Co. and Nissan Motor Co. reported November U.S. light-vehicle sales gains that exceeded estimates as the industry benefited from buyers returning to showrooms after Hurricane Sandy a month earlier.
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By Shobhana Chandra, Bloomberg |
October 26, 2012
The economy in the U.S. expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction.