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Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty.

The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times.

Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships.

EV laggards Toyota, Mazda, Subaru and Nissan up their game with massive new investment in next-generation battery production, backed by government subsidies, as Japan races to catch up to global rivals.

Ford's executive chair said he recently bought the car, which was built in the first hour of Mustang production and driven on the Indy 500 track by his uncle.