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.