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Chrysler, Nissan and GM lead industry to 8 percent gain

UPDATED--Chrysler Group, Nissan North America and General Motors led the industry to an 8 percent U.S. sales gain in August. The seasonally adjusted sales rate slipped to 12.13 million from July's 12.24 million as a stagnant economy, last week's U.S.

GM to pull Cadillac from some European markets

General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. carmaker will focus on markets such as Russia, the United Kingdom and Switzerland where the luxury brand has been able to compete against Germany's BMW, Mercedes-Benz and Audi premium brands.

Subaru Impreza Diesel delayed for UK

Update 2/9/09: Finally, Subaru has announced that the Subaru Impreza Diesel will be coming to the UK, starting at £20,000 OTD for the 2.0D RC. It does get difficult when markets go mad, and currencies fall out of the normal range of values, for none more than the big car manufacturers whose products are sold around the world. The Japanese are really struggling with this at the moment, as the Yen has remained strong in relation to many western currencies, in particular the Pound.