Light, sweet crude for November delivery was down US$3.84 to US$82.75 a barrel in electronic trading on the New York Mercantile Exchange in the Europe

BUENOS AIRES, Oct 10 (Reuters) - Argentina's flourishing automotive sector is girding for a slowdown as fallout from the global credit crisis combines with high inflation and a local currency that is losing its competitive edge. Union leaders are warning of possible layoffs in Latin America's third largest car-manufacturing nation, and companies such as General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) and PSA Peugeot Citroen (PEUP.PA: Quote, Profile, Research, Stock Buzz) have cut shifts this month to trim what has been extraordinary growth in production in the last six years. [more]