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  • The popularity of leasing has shot up to a historic high: 31 percent of all new cars driven off the lot are now leased, according to data from financial services firm Experian. Even used cars are being leased, although Experian says it's only at 3.98 percent. "This is going to be a fantastic time to lease," says Steven Szakaly, chief economist for the National Automobile...

  • July 28- Harley-Davidson Inc on Thursday reported second-quarter earnings that beat estimates, but the motorcycle manufacturer trimmed its shipment outlook due to soft demand in the United States, its biggest market. Earnings per share increased to $1.55 from $1.44 a year ago and topped analysts' expectations of $1.53. Chief Executive Officer Matt Levatich...

  • July 28- Harley-Davidson Inc on Thursday reported second-quarter earnings that beat estimates, but the motorcycle manufacturer trimmed its shipment outlook due to soft demand in the United States, its biggest market. Earnings per share increased to $1.55 from $1.44 a year ago and topped analysts' expectations of $1.53. "While our investments to grow product...

  • July 28- Harley-Davidson Inc on Thursday reported second-quarter earnings that beat estimates, but the motorcycle manufacturer trimmed its sales outlook due to soft demand in the United States, its biggest market. Earnings per share increased to $1.55 from $1.44 a year ago and topped analysts' expectations of $1.53. "While our investments to grow product...

  • AUBURN HILLS, Mich. _ BorgWarner Inc. on Thursday reported second-quarter net income of $164.4 million. BorgWarner expects full-year earnings to be $3.16 to $3.32 per share. BorgWarner shares have declined 21 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 6 percent.

  • VAN BUREN TOWNSHIP, Mich. _ Visteon Corp. on Thursday reported second-quarter net income of $26 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Visteon shares have fallen 40 percent since the beginning of the year.

  • OSHKOSH, Wis. _ Oshkosh Corp. on Thursday reported fiscal third-quarter profit of $84.2 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share. Six analysts surveyed by Zacks expected $1.58 billion.

  • MILWAUKEE— Harley-Davidson Inc. on Thursday reported second-quarter earnings of $280.4 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BERLIN, July 28- Volkswagen reported a 12 percent drop in quarterly profit at its main passenger car division on Thursday, a big improvement on the quarter before but showing the challenges it still faces to overcome its emissions scandal. Europe's largest automaker is struggling to rebuild its reputation and meet billions of dollars of costs after admitting...

  • PARIS, July 28- Renault made little progress towards promised cost savings in the first half of the year, the French carmaker said on Thursday, although a revamp of its model range helped it achieve record profitability. Productivity savings all but evaporated to just 6 million euros in the first six months, even as net income rose 8.8 percent to 1.5 billion euros...

  • BERLIN— Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was hit by the emissions cheating scandal. The German automaker says it earned 1.2 billion euros after tax in the April-June period, compared with 2.7 billion euros in the second quarter of 2015.. The company, whose brands also...

  • Red light camera

    Disabling red-light cameras leads to an increase in automotive crash and fatality rates, according to a new IIHS study.

  • LONDON/ MILAN, July 27 (Reuters)- European shares rose on Wednesday with the market underpinned by well-received earning updates from companies including Peugeot and LVMH, while Deutsche Bank fell after a poor update. German carmakers including Volkswagen rose, helping the auto-heavy German index DAX recover all the losses it made since UK's shock vote to...

  • LONDON _ Fiat Chrysler Automobiles NV on Wednesday reported second-quarter earnings of $362.5 million. The London- based company said it had net income of 22 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • MILAN— Fiat Chrysler Automobiles on Wednesday raised its earnings forecasts after reporting a 25 percent increase in second-quarter profits as SUV and truck sales offset the impact of slumping demand for passenger cars in North America. The carmaker said it was raising its revenue forecast to above 112 billion euros from 110 billion euros, while increasing...

  • PARIS, July 27- French automaker PSA Group shrugged off a drop in Chinese sales and an ageing lineup to deliver record first-half profit, as Chief Executive Carlos Tavares made progress on his turnaround plan for the maker of Peugeot, Citroen and DS cars. But the Paris- based carmaker fell behind archrival Renault in global deliveries for the first half, as sales of...

  • SPARKS, Nevada, July 26- Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday. While some analysts have questioned how profitable the Model 3 will be, Musk on Tuesday said he expects the car to generate $20...

  • *Williams wants pressure put on Mexico to strengthen labor unions. July 26- United Auto Workers President Dennis Williams said on Tuesday that Democratic presidential nominee Hillary Clinton has assured him she would renegotiate the North American Free Trade Agreement if she is elected president. "She's committed to me that not only would dig into NAFTA but...

  • July 26- Fiat Chrysler Automobiles said on Tuesday it had revised more than five years of monthly U.S. vehicle sales figures to reflect a new reporting method, amid an investigation by federal authorities into claims of inflated sales figures. The company has boasted for several years of carving out year-over-year sales gains every month since April 2010, for a...

  • District Judge Charles Breyer in San Francisco set an Oct. 18 hearing for final approval. Volkswagen also plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said on Tuesday. At the hearing, Justice Department lawyer Joshua Van Eaton said the German automaker had been...