TheNewsRoom | Business Update: Autos in reverse

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Business Update: Autos in reverse

April 01, 2009

U.S. and foreign automakers announced deep slides in American auto sales in March, but the drops were not as bad as expected. The Dow jumped 152 points to 7,761. The S&P 500 climbed 13 points to 811. The Nasdaq gained 23 points to 1,551. Speaker: George Magliano, director of automotive research, IHS Global Insight Conway Gittens reports from New York.