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UPDATED: 7/26/17 7:58 am ET - adds details

Ford profit rises 3.7% on lower tax rate

Ford posted second-quarter net income of $2.04 billion, up 3.7 percent from the same period a year ago because of a favorable tax rate. Revenue rose slightly to $39.85 billion.

Daimler earnings rise as cartel allegations cloud gains

Daimler, reeling from allegations of decades-long collusion with other German automakers, reported a 15 percent jump in second-quarter profit as its Mercedes brand delivered another double-digit boost to revenue.
■ BMW halts talks after Daimler disclosure over alleged collusion, report says
■ Strategy review may result in legally separate entities, Daimler says

UPDATED: 7/25/17 1:36 pm ET - adds details
VW exec Oliver Schmidt expected to plead guilty in emissions cheating case

Oliver Schmidt, one of the eight VW executives charged in the automaker's diesel emissions scandal, plans to plead guilty on August 4 in U.S. District Court in Detroit, a court spokesman said.

Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results

Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues.

UPDATED: 7/25/17 4:30 pm ET - adds details, stock close
GM faces earnings test as several plants retool

The discipline that helped GM beat Wall Street expectations for nine consecutive quarters will be put to the test in the coming months because several of its most profitable plants will temporarily close for retooling.
■ GM launching over-the-air updates 'before 2020,' Barra says

Asbury Automotive exits its used-only operations

Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
■ BLOG: Like it or not, signs signal change for auto retail
■ Asbury's Q2 net drops 13% to $32 million

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Restated FCA sales show some big swings

A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.

Giving in to Demon temptation

Some, but not all, Dodge dealers are seeking market adjustments that would nearly double the price for the limited-edition drag racer.

The big sedan shrinks into oblivion

The Chevy Impala -- one of GM's longest-running and most-recognized names, a car that logged more than 1 million U.S. sales in 1965 -- appears unlikely to survive much longer.

Henrik Fisker tries, tries again

The $129,000 EMotion EV -- due out in 2019 -- is touted as having a top speed of 161 mph, a more than 400-mile electric range and rapid-charging capabilities of 125 miles in...

UPDATED: 7/25/17 4:15 pm ET - adds stock close
Asbury's Q2 net drops 13% to $32 million

Asbury Automotive's second-quarter net income dropped 13 percent to $31.9 million on lower profit margins per new and used vehicles sold.

2017 Best Dealerships To Work For

Which dealerships are the best to work for? See the list of this year's honorees, sorted geographically. And return in October for their ranking.

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