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Games Galore: Video games are the one growth industry in the car business

If the movie industry was the entertainment king of the 20th century, the video-gaming industry is where disposable income is headed for the 21st century. Nowhere was this more apparent than the Electronic Entertainment Expo--E3 for short--going on right now in Los Angeles. True, the vast majority of the games at E3 involved vixens and/or steroid-shot musclemen shooting and/or chainsawing bad guys and/or zombies.

Chrysler's new problem is a shortage of vehicles

A two-month factory shutdown and the cash-for-clunkers government rebates accomplished a feat that had eluded Chrysler Group: It turned several slow-selling vehicles into scarce commodities. At the end of July, Chrysler had only a seven days' supply of Jeep Patriots, or 2,200 units, in dealer stocks. Sixty days is considered normal.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.