Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday.
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AP - Auto dealership chain Penske Automotive Group Inc. said Thursday its second-quarter net income more than doubled on improving sales of cars and trucks.
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Japan's number three automaker Nissan Motor on Thursday announced a soaring quarterly net profit on sales of cars in Asia, stronger auto demand in the United States and cost cuts.(AFP/File/Toshifumi Kitamura)AFP - Japan's number three automaker Nissan Motor on Thursday announced a soaring quarterly net profit on sales of cars in Asia, stronger auto demand in the United States and cost cuts.


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Japan's number three automaker Nissan Motor on Thursday announced a soaring quarterly net profit on sales of cars in Asia, stronger auto demand in the United States and cost cuts.(AFP/File/Toshifumi Kitamura)AFP - Japan's number three automaker Nissan Motor on Thursday announced a soaring quarterly net profit on sales of cars in Asia, stronger auto demand in the United States and cost cuts.


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WASHINGTON (Reuters) - New orders for long-lasting manufactured goods fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter.


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Shoppers look at appliances at a Home Depot store in New York in this file image from December 23, 2009. REUTERS/Lucas Jackson/FilesReuters - New orders for long-lasting manufactured goods fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter.


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AP - AutoNation Inc.'s net income rose 29 percent in the second quarter, driven by a recovery in sales of new and used cars and trucks, the country's largest dealership chain said Thursday.
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AP - Cars.com and Hyundai said Wednesday said that the online vehicle sales website will feature all certified used Hyundais that are for sale at the automaker's 790 dealers nationwide.
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A 2008 Toyota Prius brakes in a stadium parking lot following Toyota's announcement of preliminary findings regarding their investigation of an unintended acceleration incident involving a 2008 Prius, during a news conference in San Diego, California, in this March 15, 2010 file photo. Toyota Motor Corp said on July 14 its investigation of nearly 2,000 cases of unintended acceleration had found no problem with its electronic throttle system, and that driver error was to blame in some cases. REUTERS/Mike Blake/FilesAP - The government said Wednesday it had not reached any conclusions about whether Toyota drivers may be to blame for their vehicles suddenly accelerating, a problem that has led to millions of recalled cars and trucks since last year.


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AP - To improve gas mileage, automakers are tweaking cars and trucks between model years, especially in the cost-conscious and popular market for midsize sedans.
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