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How will PSA Group CEO Carlos Tavares manage to streamline his enlarged brand portfolio now that Citroen, Peugeot and Opel/Vauxhall all compete in Europe's saturated volume car market?
Penske Automotive's first-quarter net income rose 3.5 percent from a year earlier, as acquisitions and strong sales at its U.K. dealerships pushed revenue to a record for the quarter.
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