DETROIT (Reuters) – Auto sales rose in October due to pent-up demand for cars and trucks although the gains failed to offset concerns that financial crisis in Europe could derail the industry’s slow recovery.

Shares of General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) fell nearly 10 percent, more sharply than other auto stocks, as the top American automaker posted sales growth of 2 percent, slower than some analysts had expected.

DETROIT (Reuters) – Chrysler Group LLC posted a 27 percent gain in October U.S. sales — its best result in four years — as major automakers reported results pointing to the strongest showing for industrywide vehicle sales since the start of 2011.

General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) posted a sales gain of 2 percent in October, a weaker gain than some analysts had expected for the top U.S. automaker. Its shares were down 6.5 percent at $24.16 on Tuesday morning.

DETROIT, Nov 1 (Reuters) – Chrysler Group LLC posted a 27
percent gain in October U.S. sales — its best result in four
years — as major automakers reported results pointing to the
strongest showing for industrywide vehicle sales since the
start of 2011.

General Motors Co posted a sales gain of 2 percent
in October, a weaker gain than some analysts had expected for
the top U.S. automaker. Its shares were down 6.5 percent at
$24.16 on Tuesday morning.

DETROIT (Reuters)- U.S. auto sales in October are expected to have hit the highest rate in at least eight months, helped by pent-up demand from consumers trading in aging vehicles and a wider selection of Honda and Toyota brand cars and trucks.

Forty-one economists polled by Reuters expect October’s seasonally adjusted annualized rate to be around 13.2 million vehicles, up about 9 percent from the year earlier. In September, the sales rate was 13.1 million.

DETROIT (Reuters) – Unionized workers at Chrysler Group LLC ratified a four-year labor pact on Wednesday, closing out the first round of talks since two of the three Detroit automakers nearly collapsed and took federal bailouts in 2009.

The deals struck by the United Auto Workers union and the three U.S. automakers are not as lavish as in years past and help the companies bring their labor expenses closer to the costs paid by their Japanese, Korean and German rivals.

DETROIT (Reuters) – Unionized workers at Chrysler Group LLC ratified a four-year labor pact on Wednesday, closing out the first round of talks since two of the three Detroit automakers nearly collapsed and took federal bailouts in 2009.

The new United Auto Workers contracts at Chrysler, General Motors Co and Ford Motor Co are not as lavish as deals struck in years past, as what the union’s leader Bob King calls the “21st Century UAW” made efforts not to weaken the companies during uneasy economic times.

DETROIT, Oct 26 (Reuters) – Ford Motor Co posted
lower third-quarter earnings after misjudging the threat of
higher commodity costs and writing down the value of hedge
positions.

But it was the 10th consecutive quarterly profit for the
No. 2 U.S. automaker and topped Wall Street forecasts,
extending a recovery expected to clear the way for a resumption
of dividends.

DETROIT (Reuters) – Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) said its new four-year contract with the United Auto Workers union will increase its costs less than 1 percent annually, with higher bonuses offset by newly won flexibility in work rules.

Now that the contract has been ratified, Ford will consider reinstating a dividend for shareholders, even before ratings agencies return the automaker to “investment grade” status, said Lewis Booth, the company’s chief financial officer.

DETROIT, Oct 20 (Reuters) – Ford Motor Co said its
new four-year contract with the United Auto Workers union will
increase its costs by less than 1 percent annually, with higher
bonuses offset by newly won flexibility in work rules.

Ford said the pact would mean lump-sum payments of $280
million in 2011 — bonuses and severance payments — and about
$80 million annually, on average, over the remaining years of
the deal.

NEW YORK, Oct 19 (Reuters) – BMW expects to keep
the top spot in the U.S. luxury car market through the end of
the year and into 2012, edging out Mercedes-Benz maker Daimler
AG and longtime market leader Toyota Motor Co’s Lexus brand.

Through September, BMW North America’s vehicle sales were
outpacing those of Mercedes-Benz USA and the Lexus brand,
according to Autodata, which tracks U.S. auto sales.