Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results

Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues.


Asbury Automotive exits its used-only operations

Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.

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