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Editorial Results (free)

1. Auto prices finally begin to creep down from inflated highs -

DETROIT (AP) — All summer long, Aleen Hudson kept looking for a new minivan or SUV for her growing passenger shuttle service.

She had a good credit rating and enough cash for a down payment. Yet dealerships in the Detroit area didn't have any suitable vehicles. Or they'd demand she pay $3,000 to $6,000 above the sticker price. Months of frustration left her despondent.

2. Self-driving car pioneer Waymo gets $2.5B to fuel ambitions -

MOUNTAIN VIEW, Calif. (AP) — Waymo, the self-driving car pioneer spun off from Google, isn't allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.

The Mountain View, California, company made that clear Wednesday by announcing it has raised another $2.5 billion from a group of investors ranging from venture capital firms such as Andreessen Horowitz to a major car dealer, AutoNation.

3. New or used? Price hikes squeeze US auto buyers either way -

FENTON TOWNSHIP, Mich. (AP) — The viral pandemic has triggered a cascade of price hikes throughout America's auto industry — a surge that has made both new and used vehicles unaffordable for many.

Prices of new vehicles far outpaced overall consumer inflation over the past year. In response, many buyers who were priced out of that market turned to used vehicles. Yet their demand proved so potent that used-vehicle prices soared even more than new ones did.

4. US stocks extend gains as investors focus on latest earnings -

Major U.S. stock indexes closed mostly higher Tuesday, led by health care companies, retailers and banks.

The modest gains nudged the S&P 500 and Nasdaq to all-time highs for the second straight day. The Dow Jones Industrial Average finished essentially flat.

5. AutoNation replaces new CEO with a new CEO -

FORT LAUDERDALE, Fla. (AP) — Four months after the country's largest auto dealership chain named a new chief executive to replace its longtime CEO, it's making another change at the top.

Chief Financial Officer Cheryl Miller is the new CEO at AutoNation, replacing Carl Liebert, who came to the company from the USAA financial services firm in March.

6. Stocks rise again as investors hope for trade breakthrough -

NEW YORK (AP) — Stocks climbed for the third day in a row Tuesday as the latest round of trade talks between Washington and Beijing continued. It's the longest winning streak for U.S. indexes since late November.

7. CEO of AutoNation, biggest US dealership, is stepping down -

FORT LAUDERDALE, Fla. (AP) — Mike Jackson is stepping down after almost two decades leading AutoNation, the nation's largest dealership chain.

Jackson, 69, steered AutoNation through the economic crisis and shares have increased fourfold since he took over in 1999, though he will relinquish his role as CEO next year with auto sales waning across the industry.

8. Desperate to hire, more businesses open door to pot smokers -

WASHINGTON (AP) — FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs.

9. Wayne Huizenga, who built his fortune from trash, dies at 80 -

MIAMI (AP) — H. Wayne Huizenga (HY'-zing-ah), a college dropout who built a business empire that included Blockbuster Entertainment, AutoNation and three professional sports franchises, has died at 80.

10. Nissan bucks trend with 10% sales jump in January -

January US auto sales up 1 pct., but full-year drop expected

By TOM KRISHER and DEE-ANN DURBIN, AP Auto Writers

DETROIT (AP) — January's U.S. auto sales were a little better than a year ago, but most analysts and automakers predict a small full-year decline despite economic factors that favor the industry.

11. UT’s next head coach: Some possibilities -

John Currie is eight months into his job as Tennessee’s athletics director and already facing a coaching hire that could define his career.

Currie is leading a search to replace Butch Jones, who was fired last Sunday morning with two games left in the 2017 season.

12. Google and AutoNation partner on self-driving car program -

FORT LAUDERDALE, Fla. (AP) — Google is partnering with AutoNation, the country's largest auto dealership chain, in its push to produce self-driving cars for wide use.

AutoNation said Thursday that its dealerships will provide maintenance and repairs for Waymo's self-driving fleet of Chrysler Pacifica vehicles. Waymo is Google's automated vehicle technology wing. The agreement will include additional models of vehicles when Waymo brings them on line.

13. Google and AutoNation partner on self-driving car program -

FORT LAUDERDALE, Fla. (AP) — Google is partnering with AutoNation, the country's largest auto dealership chain, in its push to produce self-driving cars for wide use.

AutoNation said Thursday that its dealerships will provide maintenance and repairs for Waymo's self-driving fleet of Chrysler Pacifica vehicles. Waymo is Google's automated vehicle technology wing. The agreement will include additional models of vehicles when Waymo brings them on line.

14. Apple takes Dow over 22,000 points; other stocks fall -

NEW YORK (AP) — Being the world's most valuable public company has its privileges, like getting almost all the credit for the latest stock market milestone. Apple made its biggest jump in six months Wednesday, helping send the Dow Jones industrial average above 22,000 points for the first time.

15. US stocks fall as weak auto sales trouble investors -

NEW YORK (AP) — U.S. stocks started the second quarter with a thud Monday after car makers reported disappointing March sales, a possible warning about other types of spending. But a late recovery helped stocks avoid bigger losses.

16. Stocks end 1Q with solid gains after day of listless trading -

Wall Street closed out a solid quarter Friday with a day of listless trading that ended on a soft note.

The Standard & Poor's 500 index notched its best three-month stretch since the fourth quarter of 2015. The Nasdaq composite turned in its best quarter since the end of 2013.

17. US stocks take biggest losses in nearly a month -

NEW YORK (AP) — U.S. stocks took their biggest loss in almost a month on Tuesday as investors worried about the health of the U.S. economy and sold shares in retailers and car companies. Machinery companies also fell and the price of oil continued to decline.

18. US stocks rise as Yellen takes careful tone before Congress -

NEW YORK (AP) — U.S. stocks rose Tuesday as investors were relieved to hear Federal Reserve Chair Janet Yellen say the Fed would remain cautious in raising interest rates.

Stocks hardly budged for most of the day as investors were occupied by Yellen's Congressional appearance and the looming vote on Britain's possible withdrawal from the European Union.

19. Stocks hit 2-month lows as oil dives and China worries flare -

NEW YORK (AP) — U.S. stocks tumbled to two-month lows Wednesday as fears about China's economy slowing down led to more widespread selling. The price of oil plunged to its lowest level since 2008 on the prospect that global demand could fall further.

20. Sell, sue or stay put: considerations for Volkswagen owners -

DETROIT (AP) — If you're driving a diesel-powered four-cylinder Volkswagen, you're stuck with a fun-to-drive machine that's belching unhealthy pollutants from its tailpipe.

Until the company figures out how to fix its bogus emissions controls, there isn't much you can do about your dirty diesel.

21. Dealers, owners feel frustrated and betrayed by VW scandal -

LOS ANGELES (AP) — Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much he convinced his son and a friend to buy one, too.

22. Hopes for an end to oil price rout sends stocks higher -

NEW YORK (AP) — A jump in oil prices helped push U.S. stocks indexes sharply higher for a second day on Tuesday, erasing much of their losses from the start of the year.

U.S. benchmark oil surged 7 percent on hopes that a seven-month collapse in prices that had rattled financial markets was ending. All 10 industry sectors of the Standard and Poor's 500 index rose, led a 2.8 percent gain in energy shares.

23. Stocks rise as profits, confidence index climb -

NEW YORK (AP) — Strong corporate earnings pushed up stocks across industries on Tuesday, with the energy sector and small companies leading the gains.

Stocks rose from the open, then built on the momentum as investors sifted through mostly encouraging quarterly results. Whirlpool, AutoNation and engine-maker Cummins all rose 7 percent after reporting their results.

24. GM boosted June sales with discounts to dealers -

As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.

25. Stocks decline in afternoon trading; Mattel down -

U.S. financial markets veered lower in afternoon trading Thursday, giving back gains from a day earlier. Economic data were mixed and company earnings reports were mostly disappointing. Investors also monitored developments in Ukraine following reports that a passenger plane was shot down over the eastern part of the country.

26. Stocks manage small gains; Dow, S&P 500 at records -

Stocks inched past more milestones Friday, delivering the third consecutive record-high close for the Standard & Poor's 500 index and a new high for the Dow Jones industrial average.

The S&P 500 is now up 6.2 percent for the year, while the Dow is up 2.2 percent. The major stock indexes all finished ahead for the week.

27. Retailers report modest sales gains for August -

NEW YORK (AP) — Americans' cautious spending on clothing extended into August, capping a weak back-to-school selling season for retailers.

Several retailers including clothiers Cato Corp. and L Brands Inc. on Thursday posted disappointing revenue during the month, which falls in the middle of the second biggest shopping period of the year.

28. AutoNation posts 14 pct profit rise for 2Q -

DETROIT (AP) — AutoNation, the country's largest car dealership chain, made optimistic predictions for the next year as its second-quarter earnings rose 14 percent on strong growth in all of its business units.

29. AutoNation profit up 14 pct. on growing car sales -

DETROIT (AP) — AutoNation's first-quarter net income rose 14 percent as the country's largest auto dealership chain reaped benefits from a U.S. car and truck sales recovery that is gaining strength.

30. US automakers, Toyota report big sales gains; Nissan up 2% -

DETROIT (AP) — American consumers ignored tax increases and tromped through the winter chill to buy new cars and trucks at an unusually strong pace last month.

"(January) was like a sprinter out of the starting blocks," said Mike Jackson, CEO of AutoNation Inc., the country's largest auto dealership chain.

31. Auto sales weaken a bit in early July -

DETROIT (AP) — The raft of gloomy economic news may be starting to hurt U.S. auto sales.

Industry analysts and dealers said this week that sales during the first half of July slowed a bit from the robust pace in June. But they still were expected to be better than July of 2011.

32. Auto sales surge in March, led by small cars; Nissan up 12% -

DETROIT (AP) — Appealing small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.

33. AutoNation net income up 24 percent -

FORT LAUDERDALE, Fla. (AP) — AutoNation Inc., the nation's largest auto dealership chain, said Thursday that its third-quarter profit rose 24 percent on higher new and used vehicle prices.

The Fort Lauderdale, Fla., company said its net income rose to $70.7 million, or 48 cents per share, for the period that ended Sept. 30. That compares with $56.9 million, or 38 cents per share, a year earlier.