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12Nissan pins 2006 hopes on new models

Speaking at Nissan Motor's annual general meeting of shareholders Tuesday, CEO Carlos Ghosn held to his forecast of a 4.5 percent increase in worldwide sales for Nissan, despite dismal first quarter sales in the Japanese domestic market.

12U.S. auto sales will fall in 2006

General Motors' market guru, Paul Ballew, predicted Tuesday that total U.S. auto sales will decline in 2006, weighed down by higher interest rates and rising gas prices.

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