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SiriusXM acquires connected-vehicle services company for $115 million

SiriusXM reached further into connected-vehicle services by completing the acquisition of Automatic Labs for $115 million in cash.

| UPDATED: 4/28/17 1:01 pm ET - adds stock update
GM's Q1 profit surges 34% on North America strength

GM defied a slowdown in the U.S. market in posting its highest first-quarter profit since emerging from bankruptcy. The results were aided by a buildup in inventory, which portends a rougher financial performance later this year.

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