Here are the six must-read, must-watch auto news stories, reviews and videos for Friday, July 31, 2015.
INSIDE THE AUTO INDUSTRY
Despite drastic recalls, the Honda Motor Company’s quarterly profit increased 20% to $1.5 billion thanks in part to exchange rates.
INSIDE THE AUTO BUYBACK BUSINESS
Maybe Fiat Chrysler Automobiles won’t have to buy back as many vehicles as first thought. Not only was the automaker tasked with covering a fine of $105 million and told to pay some owners to have their vehicles recalled, early reports also suggested that 193,000 vehicles would have to be bought back. That number is now down to 175,000 vehicles, including the Ram 1500 (2009-2011), Dodge Dakota (2009-2011), 2009 Chrysler Aspen, and 2009 Dodge Durango.
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