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Auto Dealers Are Upbeat on U.S. Sales for 2011

The nation's leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last years by 12%. The rise is attributed to pent-up demand, loosening credit and a rising stock market.

Honda Fit Hybrid Battles Toyota Prius in Japan

Honda unveiled its new hybrid Fit subcompact in Tokyo Friday. At a starting price of around $19,160, it is cheaper than any other hybrid vehicle in Japan -- including Toyota's popular Prius.