Transportation industry

Uber will acquire a minority stake in Sennder as part of the transaction. The partnership includes a program in which Sennder will refer customers seeking services in North America to Uber Freight and vice versa.

GM is increasing its exposure to alternate-fuel vehicles, an area that increasingly has captured the attention of investors.

VW stoked doubts among investors about whether the deal would move ahead after acknowledging that talks were on hold due to the pandemic.

The Kansas City-based target is positioned to benefit if fraying ties between the U.S. and China prompt companies to move more manufacturing from Asia to North America, reports Bloomberg News.

Dealers are increasing their used vehicle sales and improving the efficiency of their operations by reducing headcount, according to Kerrigan Advisors' Erin Kerrigan.