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Finbarr O'Neill to retire as CEO of J.D. Power; search for successor underway

Finbarr O'Neill plans to retire as CEO of JD Power in March 2018. Power's board has hired an executive search firm to help identify a successor for O'Neill, 65, who previously led Hyundai Motor America, Mitsubishi North America and Reynolds & Reynolds.

UPDATED: 10/9/17 4:16 pm ET - adds stock close

GM acquires lidar company Strobe

GM has acquired lidar company Strobe, a move expected to help boost self-driving vehicle production and cut costs.

IHS Markit acquires automotiveMastermind in bid for behavior prediction technology

IHS Markit has stepped into the behavior prediction software realm with the acquisition of automotiveMastermind. The deal could ultimately be valued at $435 million.