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October Truck Tonnage Declines 2.1%

Truck tonnage declined 2.1% in October, the first year-over-year decline in three years, American Trucking Associations said Tuesday.

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Southeast Asia Auto Industry Enjoying Production Boom

Wards Auto – Southeast Asia’s three biggest auto-producing countries, Thailand, Indonesia and Malaysia, all will report record or near-record production in 2012.

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Unemployment insurance claims soar

The number of Americans who sought unemployment benefits last week jumped to an 18-month high, largely a side-effect of the superstorm that battered parts of the East Coast.

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Honda Plans to Increase Sales in Japan

Honda aims at selling 850,000 vehicles in Japan in the year ending March 2013, an increase of 16% from the previous target. In October, Honda reduced its full-year target to 4.12 million vehicles and cut its profit target by a fifth after sales in China were hardly hit in September and October the violent anti-Japan […]

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Factory frenzy: Japanese add N.A. capacity

Auto News – Japan’s automakers are gearing up for the biggest wave of North American production expansion in a decade. The goals: Win back market share lost because of the 2011 earthquake and tsunami in Japan, boost sales in the world’s most robust market and get around a dollar-yen exchange rate that makes exports from […]

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The Power of Thank You

Jon Gordon – They are two words that have the power to transform our health, happiness, athletic performance and success. Research shows that grateful people are happier and more likely to maintain good friendships. A state of gratitude, according to research by the Institute of HeartMath, also improves the heart’s rhythmic functioning, which helps us […]

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Used-car demand up after Sandy

Automotive News – Since Hurricane Sandy ravaged tens of thousands of vehicles on the East Coast, used-vehicle pricing and demand are headed in a familiar, post-disaster direction: higher and higher.  

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October Class 8 truck sales up 7.4% over September; down 10.7% year-over-year

The Trucker – For the second consecutive month, sales of Class 8 tractors have lagged behind those of the same month a year ago. According to the Wards Automotive Retail Sales of Trucks report, 15, 560 tractors were sold in October, a 10.7 percent decrease compared to 17,424 in October, 2011.

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European October auto sales drop 4.6% on decline at GM, Renault

The Detroit News - European auto sales declined 4.6 percent in October, with Renault SA and General Motors Co. reporting the largest drops, as a recession in countries using the euro discouraged consumers from making large purchases.

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