Tenneco boosts net income 10% in Q2

Tenneco, the suburban Chicago supplier of ride-control and emission control systems, reported net income of $86 million in the second quarter, a 10 percent increase from the year-earlier period.

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.

Mazda profit falls on strong yen, lower N.A. sales

Mazda said quarterly profit fell 42 percent as foreign exchange rate losses hit earnings and sales slipped in North America and Japan.

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