Slight gains expected for July U.S. sales as analysts lower outlooks for 2016

U.S. new light-vehicle sales are forecast to rise slightly in July, helped by an extra weekend and sharply higher discounts from some automakers, amid more warnings the market is leveling off. Demand for new cars and light trucks is expected to rise about 0.45 percent in July, compared with a year ago.

AutoNation 2Q profit slips 2.7% on lower unit sales

AutoNation's net income dropped 2.7 percent to $112 million in the second quarter as it sold fewer vehicles and saw same-store gross profits from

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