Car dealers hit by sales decline, weak economy (Reuters)

New Vauxhall cars stand outside the company's factory in Ellesmere Port, northern England, October 27, 2008. (Phil Noble/Reuters)Reuters - Auto retailers swung to quarterly losses in the third quarter, beaten down by the decline in U.S. car sales, tight consumer credit, and a weakening U.S. economy as well as hurricane-related damages.


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