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Group 1 earnings fall due to weak auto sales

DETROIT, July 29 (Reuters) - Car dealer Group 1 Automotive Inc. on Thursday reported weaker second-quarter earnings due to weak vehicle sales and damage from a Texas hailstorm.

The Houston-based company said earnings fell to $15.7 million, or 67 cents per share, from $20.0 million, or 86 cents per share, a year earlier.