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September 1, 2011 –  DETROIT (Reuters) - Major automakers posted double-digit U.S. sales gains for August from calendar year-previously amounts, a continual end result for a month that started with a plunge on Wall Street and ended with a hurricane shutting down the East Coast. Basic Motors Co <GM.N> noted a sales obtain of eighteen percent, slightly under some analyst expectations. Ford Motor <F.N> revenue have been up 11 percent. Chrysler had its best August income in 4 many years with a 31 % income boost. Automobile industry executives mentioned the sales gains pointed to an encouraging stability in demand for large-ticket purchases in the encounter of renewed economic uncertainty. Sales for Nissan Motor Co <7201.T> rose 19 percent. Income for Volkswagen AG <VOWG_p.DE> ended up up 10 %. GM estimated that industrywide U.S. auto product sales would be about flat from July when adjusted for seasonal elements and tracked on an annualized foundation. (Reporting by Bernie Woodall and Kevin Krolicki, editing by Matthew Lewis)

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