(July 25, 2012) DEARBORN, Mich. — Ford, pulled down by widening losses in Europe, reported today that its profits fell sharply in the second quarter. Net income declined 57 percent to $1.04 billion, from $2.40 billion a year earlier, as revenues dropped $2.2 billion to $33.3 billion.

(July 24, 2012) SANTA MONICA, Calif. — Edmunds.com has officially surpassed 100,000 Facebook likes, and proclaims that it is now the most popular automotive information website on both Facebook and Twitter. As of Monday morning, Edmunds.com's 101,700 Facebook likes and 34,400 Twitter followers topped all other independent automotive shopping or research sites.

(July 24, 2012) LONDON — Hertz has launched Hertz Rent a Boat in the Netherlands, allowing customers to explore Amsterdam by water on a variety of fun vessels.

Brought to customers through a partnership with local company Boot Amsterdam B.V., Hertz Rent a Boat offers people the chance to cruise the city's canals from gondolas, luxury motorboats, taxi boats, and open boats, with a selection of large boats able to accommodate up to 35 people. Priced at hourly rates from just EUR5 per person or EUR150 per boat, the crafts are a good way to see the sights of the city.

(July 23, 2012) The National Highway Traffic Safety Administration is investigating 106,803 2012 Jeep Grand Cherokee SUVs for power steering hoses that may fail, causing fluid to leak and possibly ignite when in contact with hot surfaces and another 2009-2010 Dodge Ram 1500 pickups for rear-wheel locking problems, according to documents posted on its web site.