July 29, 2026 | Ford posts $1.3B Q2 loss; Frank Peña on buying his first dealerships

Ford posts a $1.3 billion second-quarter net loss on charges tied to scrapped electric vehicle programs but raises its full-year guidance. The earthquake damage in Japan keeps growing for automakers. Plus, Frank Peña, who spent 30 years running stores for others before closing on three New Mexico dealerships of his own, talks about the road to ownership.