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Valeo sales rise 22% on fuel-saving, self-driving tech

Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions as the French supplier reiterated its upbeat 2017 goals.

| UPDATED: 4/26/17 3:19 pm ET - new story

Penske Automotive's Q1 net rises 3.5% on acquisitions, U.K.

Penske Automotive's first-quarter net income rose 3.5 percent from a year earlier, as acquisitions and strong sales at its UK dealerships pushed revenue to a record for the quarter.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.