Positive signs from U.S. auto industry

Title: Positive signs from U.S. auto industry

Published: Tue, 3 Nov 2009

Description: (NECN/ABC: Detroit, Mich.) - Two of the Big Three U.S automakers are showing signs of recovery thanks to improved sales. Both General Motors and Ford say their sales in October were up after a dismal September that followed the end of the...

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Automatically Generated Transcript (may not be 100% accurate)

" Two of the Big Three US auto makers are showing signs of recovery thanks to improved sales. Both General Motors and Ford say their sales in October were up after a dismal September that follow the end of the government hugely popular. Cash for clunkers program. Last month General Motors saw its first year over year sales increase in 21 months accelerated by booming sales for the brands the company held on to after bankruptcy. 95% of our retail sells this month -- from Chevrolet GMC Buick Cadillac. And that's up from 85%. Just a few months ago Ford enjoyed similar good news sales in October were 21%. Better than they weren't September. And 3% better than they were a year ago -- have naproxen people want. And be competitive on on the cost of vacant while sales have picked up for GM and Ford Chrysler seems to have run into a ditch. Chrysler sales in October were down 30% from a year ago even with a 6% rise from September. And analysts say the road ahead for Chrysler remains difficult to."

" They have old product. That doesn't really killed two a lot of people so they can't bring people and what that product."

" On Wednesday -- expected to announce its abandoning many of its own models instead using cars from its Italian partner Fiat. It also has plans to offer new incentive program 0% financing for up to 48 months on all its vehicles. -- Bradley ABC news Detroit."

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