Penske Automotive Group
Penske Automotive acquires Jaguar, Land Rover dealerships in N.J.Tue, 07, Mar 2017
Penske Automotive Q4 net jumps 16%, as revenue slipsTue, 07, Feb 2017
Penske turns driver into a dealerMon, 06, Feb 2017
Two racing legends talk dealer shopSat, 28, Jan 2017
Roger Penske, chairman of Penske Automotive Group, and Helio Castroneves, three-time Indy 500 winner, are co-owners of the New Holland Auto Group in New Holland, Pa. They spoke with Automotive News Editor-in-Chief Keith Crain on Saturday.
Penske tops rivals shareholder valueThu, 26, Jan 2017
Penske Automotive Group drew the one-year checkered flag among U.S. retailers for creating the most shareholder value during 2016. Lithia Motors took home the prize for the best performance over a three-year period.
Penske ends no-haggle pilotSat, 21, Jan 2017
Calsonic Kansei takes top Shareholder Value AwardsMon, 23, Jan 2017
Calsonic Kansei Corp., of Japan, grabbed both the one- and three-year crowns in the 2016 Global Automotive Shareholder Value Award from PwC and Automotive News, presented at the Automotive News World Congress Jan. 11.
Penske to expand used-only storesMon, 05, Dec 2016
Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.
Hard choices for public retailersMon, 31, Oct 2016
Several public auto-retailer CEOs noted, in remarks following third-quarter earnings releases, the difficulty of balancing volume against profit amid sometimes unrealistic stair-step incentive targets set by automakers. Relief, a few said, may be coming in the form of production cuts which will reduce inventories.
Penske Automotive Q3 net rises 1.1% to $88.5 millionWed, 26, Oct 2016
Penske Automotive's third-quarter net income rose 1.1 percent as gains in gross profit margins in the U.S. for new and used vehicles were offset by foreign exchange-related losses and lower global profit margins for vehicle sales.