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Auto sales come in around 10.5 mln annual rate

By Jamie Coleman  || December 1, 2009 at 18:57 GMT
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Auto sales were in line with Street expectations of about a 10.5 mln annual unit pace. oddly, US government owned car makers are suffering, but Ford and Toyota are in much better shape, according to the latest data. Chrysler is a train wreck, with sales down 25% from last year’s awful levels…

US share markets are firming further, up 1.4% or 15 points in the S&P. EUR/USD trades at 1.5110.

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