GM Shows Gains

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Industry leader General Motors was the only one of the Big Three U.S. automakers to post a sales gain last month.

GM says sales were up three-point-nine percent in August, thanks to demand for newly launched vehicles, such as the Pontiac Torrent and G-6, along with sales of fuel-efficient cars and trucks. The company's car sales rose three-point-nine percent, while light truck sales were up four percent

Earlier in the day, Ford reported an eleven-point-six percent plunge in sales, while the Chrysler unit of Daimler Chrysler said sales fell four-point-two percent.