Group 1 Q2 net falls 16% on energy markets

Group 1 said its second-quarter net income fell 16 percent compared with the year-ago period to $39.1 million on weakness in US markets impacted by low energy prices, particularly in Houston.

House committee approves self-driving legislation, refines safety exemptions

The House Energy and Commerce Committee unanimously approved bipartisan legislation that would for the first time govern the manufacturing, testing and deployment of autonomous vehicles.

UPDATED: 7/27/17 10:40 am ET - adds details
FCA Q2 operating profit rises 15% on N.A., Maserati gains

Fiat Chrysler's second-quarter operating profit rose 15 percent to $2.19 billion, despite roughly flat shipments and revenue. FCA was able to do so with higher margins in North America and gains at Maserati.

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