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UPDATE 1-GM CEO Barra confident about value of company's stock

KANSAS CITY, Kan., May 4- General Motors Co's chief executive said on Monday she is confident the company will convince investors of the value of holding on to GM's stock, which has dropped nearly 9 percent since mid-March despite a $5 billion share buyback plan. The company makes its profit in North America and in China, where margins are likely to be squeezed.
Source: Reuters | By: Bernie Woodall
Average new car prices up about 3%-here's why

The average price of a new car or truck sold in the U.S. in April was $33,560 -- 2.6% higher than in the month a year ago, USA Today reports.
Source: USA Today | By: James R. Healey
America's new favorite: Small SUVs and crossovers

Behold the new symbol of America: small SUVs and compact crossover utility vehicles are now the most popular new vehicles in the U.S. according to analysis by TrueCar.
Source: CNBC.com | By: Phil LeBeau
UPDATE 3-General Motors tops Canada auto sales in April

TORONTO, May 1- General Motors Co jumped to the top of the Canadian sales rankings for April as it sold 15 percent more cars and trucks than a year earlier, the company said on Friday, winning a crown usually held by its rivals. "Despite the troubling oil industry in Canada, vehicle companies reported an all-time best April in sales in the Canadian automotive history,"...
Source: Reuters
UPDATE 4-U.S. auto sales disappoint in April as Asian automakers miss mark

DETROIT, May 1- U.S. auto industry sales in April came in below expectations as Asia's major carmakers' results disappointed, offsetting strong gains for trucks and SUVs made by General Motors and Ford. Sales reported on Friday by Japan's Nissan, Toyota and Honda, as well as the combined results for South Korea's Hyundai and its Kia affiliate, all missed...
Source: Reuters | By: Bernie Woodall and Ben Klayman
Small, midsize SUVs drive April US auto sales gains

A big drop in gas prices, to an average of $2.60 a gallon from $3.69 a year ago, also works in favor of SUVs. The Equinox posted a 42 percent sales increase to almost 29,000 in April, while Cruze sales fell nearly 4 percent to just under 21,000. Both vehicles are made by General Motors. Honda's CR-V, the top-selling SUV, posted a 3 percent gain to more than 29,000,...
Source: The Associated Press
And the world's top frequent-flier awards go to...

The loyalty programs for American Airlines and Marriott took home the coveted "Program of the Year/Americas" awards as the 2015 Freddie Awards.
Source: USA Today | By: Ben Mutzabaugh
Asian stocks end mixed after US selloff, data deluge

Asian stocks ended mixed early Friday, pressured by a sell-off on Wall Street overnight and as investors reacted to a batch of economic data from Japan and China.
Source: CNBC.com | By: See Kit Tang
US growth jitters, earnings spark selloff in Asia stocks

Asian stocks plummeted on Thursday amid a mixed bag of corporate earnings and renewed concerns over the state of the U.S. economy.
Source: CNBC.com | By: See Kit Tang
Nikkei posts biggest loss in 4 months on weak U.S. GDP, lacklustre earnings

*Honda, NTT Docomo, Oriental Land hit by earning disappointment. TOKYO, April 30- Japanese shares suffered their biggest loss in four months on Thursday on weak U.S. growth figures and lacklustre earnings from Japanese companies including Honda Motor. Their selling should be considered in this context, "said Norihiro Fujito, senior investment strategist at...
Source: Reuters | By: Hideyuki Sano