Dealers

Texas auto auction company acquired by Capital Partners for XLerate Group

Huron Capital Partners, a Detroit investment group, has acquired a Texas-based auto auction for one of its portfolio companies, the Indianapolis-based XLerate Group, which runs online and onsite auto auctions.

GM: All four brands deliver as sales rise 10%

General Motors posted its largest year-over-year U.S. sales increase of 2016, as all four brands achieved retail gains but fleet deliveries rose for the first time in more than a year.

Penske acquires used-only dealership group

Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.

Ford open to deals with Trump to keep jobs in U.S., Fields says
UPDATED: 12/2/16 5:43 pm ET - adds details

Ford is willing to work with Donald Trump to keep jobs in the U.S. if he puts the right policies in place, CEO Mark Fields said. Ford still plans to

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