Car sales could be stabilizing - Trade Only Today

Car sales could be stabilizing

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A recent uptick in automobile sales could mean the market has bottomed out, giving some hope that the downward spiral may finally be at an end.

While car sales fell for the 17th consecutive month in March, Chrysler and General Motors said dealer showroom traffic improved considerably last week as the potential for a GM or Chrysler bankruptcy rose, according to a New York Times report.

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