Sonic Automotive's Q2 net income surges 54%

Sonic Automotive's adjusted net income surged 54 percent in the second quarter to $22.8 million, largely on cost controls, as revenue and new-vehicle unit sales fell.

FCA restates U.S. sales, says winning streak ended 3 years ago

UPDATED: 7/26/16 2:26 pm ET - adds details

Fiat Chrysler is changing the way it reports monthly U.S. sales to make the process more transparent, and as a result of the change, said its 75-month sales streak actually ended at 40 months, in September 2013.

No auctions for this used-car manager

A pre-owned sales manager at a Buick-GMC dealership in Ohio pays staffers $200 when they find the vehicles he wants.

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