House OKs $4 billion 'cash for clunkers'

Hazardous Conditions for the Auto Industry
Industry sales have dropped 26.6 percent over all compared with a year ago, and automakers sold fewer than a million new cars in September, the first time since 1993.

Rising gas prices drive inflation
Inflation picked up only slightly last month, even as rising gas prices took a bigger bite out of consumers' wallets.

Ford CEO Alan Mulally on the auto industry's progress
The president of Ford Motor Co. credits good investments as a reason for the company's ability to stay afloat during the recession.

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