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Incentives driving Toyota sales up, exec says

A high-ranking Toyota executive says the auto company's North American sales spiked around 50 percent the first eight days of March as incentives helped lure customers.

Senate will OK "clunker" extension this week: Reid

The U.S. Senate will approve a $2 billion extension of the "cash for clunkers" auto sales incentive by week's end, Majority Leader Harry Reid said on Tuesday, giving new life to a successful program that has boosted industry sales to a 2009 high.

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