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TheStreet Open House

Business Highlights

By The Associated Press

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Shutdown slows a¿¿ but doesn't halt a¿¿ US car demand

DETROIT (AP) a¿¿ The government shutdown dampened a¿¿ but didn't stall a¿¿ Americans' demand for new cars and trucks.

The 16-day shutdown slowed U.S. auto sales in the first two weeks of October, but they picked up speed in the last two weeks. Sales rose 11 percent to 1.2 million.

General Motors, Ford, Nissan and Chrysler all recorded double-digit sales gains, while Toyota, Honda and Hyundai saw smaller increases. Of major automakers, only Volkswagen's sales fell.

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Compact crossover SUV sales booming in US

DETROIT (AP) a¿¿ Aging baby boomers. Couples with small kids. Single people with dogs.

All three groups love compact crossover SUVs, utility vehicles built mainly on small-car frames that are among the hottest-selling vehicles in the U.S.

So far this year, sales of the versatile, high-sitting hatchbacks such as the Honda CR-V, Ford Escape and Toyota RAV4 are up more than 20 percent.

From 2000 through last year, annual U.S. sales of small crossovers quadrupled, from just over 405,000 to well above 1.6 million, according to LMC Automotive, an industry data and research firm. Only their larger cousins, midsize crossovers such as the Toyota Highlander and Ford Edge, grew faster. This year, sales of small crossovers have already passed last year's record total of 1,656,497.

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New quality complaints about Lululemon pants

NEW YORK (AP) a¿¿ Just a few months after Lululemon Athletica pulled yoga pants from shelves because they were too sheer, costing the company millions in sales, it's fielding new complaints about quality.

The Canadian company had blamed the problems from spring on a style change and production issues.

New yoga pants have since made their way into stores, but there are recent complaints on the Lululemon Facebook page and its website about pants that are still too sheer. There are also complaints about pants pilling after a few months of wear a¿¿ or even just a few uses a¿¿ and about holes and seams coming apart.

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