Bumper US Auto Sales In October, But VW Hit By Scandal

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GM and Toyota both have reported 2007 sales of roughly 9.37 million automobiles, with GM slightly larger than Toyota, but Automotive News mentioned on Thursday more than 516,000 automobiles made by GM’s Wuling joint venture ought to be excluded, which would push GM to No. 2 on the list. Hyundai Motor forecasts that the financial uncertainty surrounding the auto market is likely to continue this year, primarily based on developing geopolitical risks in emerging markets and slowing demand.

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