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  • EVERETT, Wash.— A Snohomish County used car company will pay $250,000 in restitution over a pattern of discrimination against Spanish-language speakers, according to the state attorney general's office. As part of the settlement, Zein Automobiles Inc. of Everett, which operates Best Bet Auto Sales and Independence Auto Center, will pay for misrepresenting...

  • DETROIT, July 28- Ford Motor Co on Thursday declared the U.S. auto industry's long recovery is at an end, sending its stock and those of rival auto companies tumbling. "The growth is over," Ford Chief Financial Officer Robert Shanks told Reuters in an interview. Ford's warning put at center stage a debate that has been running for months in Detroit about how much...

  • Morgan Stanley building in New York

    Ford's earnings miss could be a watershed moment for the industry, Morgan Stanley's Adam Jonas says.

  • BUENOS AIRES, July 28- Argentina's industrial output contracted 6.4 percent in June compared with the same month last year, national statistics agency Indec said on Thursday, underlining the nation's difficulties in jump-starting a much-anticipated market turnaround. Since taking office in December 2015, Argentina's center-right President Mauricio...

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.. TOKYO— Honda reports fiscal first quarter results.

  • July 28- The S&P 500 index and the Dow edged lower on Thursday as investors fretted about weak economic data and disappointing earnings from Ford. The carmaker reported weak China sales and declared that the U.S. auto industry's long recovery was at an end, triggering a 9.6 percent fall in its shares. A report by the U.S. Labor Department showed that the number of...

  • DETROIT, July 28- Ford Motor Co reported weaker-than-expected profit in the second quarter and declared that the U.S. auto industry's long recovery was at an end, sending its stock and those of other auto companies tumbling. Ford shares slumped nearly 10 percent in morning trading on Thursday, after Chief Financial Officer Bob Shanks told reporters the U.S....

  • TOKYO/ BERLIN, July 28- Toyota Motor Corp reported a drop in first-half vehicle sales on Thursday following a series of production stoppages, falling behind Volkswagen which became the world's top-selling carmaker in the first six months of 2016 despite its emissions scandal. Europe's largest automaker said on Thursday it expected full-year sales to come in...

  • July 28- Harley-Davidson Inc on Thursday said a decrease in total sales and soft domestic demand lowered second-quarter profit and has led the company to trim its forecast for motorcycle shipments in 2016.. While our share gains helped to blunt the full impact of this weak market, lackluster industry sales have had a significant impact on our results and our...

  • 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...