They become customers for more sophisticated products made in the U.S. Lose an auto parts job, gain a high-tech job.

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Meanwhile, this puts a damper on rivals such as Pandora who was beginning to gain traction in the auto.

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Now that the U.S. auto industry has bounced back from its lows, expect to see an increase in acquisitions of U.S. auto parts makers by Chinese companies seeking to gain access to technology and international markets.

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They also want to help beleaguered U.S. auto companies like Ford, Chrysler and General Motors gain a foothold in the Korean market.

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Meanwhile Fiat Auto, which will remain in the holding company, will be free to gain scale from mergers or partnerships with other car firms and to raise capital.

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The company attributed the gain to the launches of titles like BioShock 2, Grand Theft Auto: Episodes from Liberty City on the PS3 and PC, and Major League Baseball 2K10, along with continuing strong sales of catalog titles including NBA 2K10 and Grand Theft Auto IV.

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Auto sales fell 1.9 percent year over year after a 2.4 percent gain in August, due to a boycott of Japanese cars for political reasons.

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The higher interest rates began cooling demand for auto loans in March, and expectations are that the economy will begin to slow from the 5.5% gain in the last 12 months ending March 31.

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