Welcome to our dedicated page for Penske Automotv news (Ticker: PAG), a resource for investors and traders seeking the latest updates and insights on Penske Automotv stock.
Penske Automotive Group, Inc. (NYSE: PAG) is described in its public communications as a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. News about PAG often centers on its retail automotive and commercial truck operations, its international dealership footprint, and its strategic investments in transportation services.
Company press releases highlight quarterly and year-to-date financial results, including revenue trends, gross profit performance, and segment details for retail automotive dealerships, retail commercial truck dealerships, and its equity interest in Penske Transportation Solutions. These updates frequently discuss same-store revenue and gross profit for new and used vehicles, service and parts, and finance and insurance, as well as the impact of freight market conditions on commercial truck and PTS-related results.
Penske Automotive’s news flow also features corporate development activity. Recent examples include the completion of an acquisition of a Ferrari dealership in Modena, Italy, and the acquisition of Longo Toyota, Longo Lexus, Lexus of Stevens Creek, and Longo Toyota of Prosper in the United States. The company notes that these transactions expand its luxury presence in Italy and strengthen its relationship with Toyota and Lexus while increasing its presence in California and Texas.
Investors following PAG news will also see announcements regarding dividends, securities repurchase authorizations, and share repurchase activity, as well as scheduled conference calls and investor webcasts for quarterly results. Risk factor discussions and references to macro-economic, industry, and regulatory conditions appear in many releases, providing additional context for the company’s operating environment.
This news page aggregates such company-issued updates and related coverage so readers can review Penske Automotive Group’s reported financial performance, capital allocation decisions, acquisitions, and other material events over time.
Penske Automotive Group (NYSE: PAG) acquired four dealerships—Longo Toyota and Longo Lexus in El Monte, CA; Lexus of Stevens Creek in San Jose, CA; and Longo Toyota of Prosper in Prosper, TX—closing on November 19, 2025. The acquired dealerships retailed over 28,000 new and used units in 2024 and are expected to add $1.5 billion in estimated annualized revenue. Longo Toyota is noted as the #1 Toyota dealer in the U.S. for 58 years.
Funding came from the company's U.S. credit agreement availability and a seller note. The company filed a Form 8-K with the SEC on November 19, 2025.
Penske Automotive Group (NYSE: PAG) reported third-quarter 2025 results: revenue $7.7 billion (+1.4% YoY), net income $213.0 million (-6%), and EPS $3.23 (-5%). Retail automotive same-store revenue rose 5% and record service & parts revenue reached $818.3 million (+5%) with service gross margin at 59.1%. Premier Truck Group retail unit sales fell 19%. The company repurchased ~1.6% of shares through Oct 24, 2025, increased the quarterly dividend 4.5% to $1.38, repaid $550 million senior subordinated notes, and reported a leverage ratio of 1.0x.
Penske Automotive Group (NYSE: PAG) announced a quarterly dividend of $1.38 per share, a 4.5% increase ($0.06) from the prior quarterly payout, marking the company's 20th consecutive quarterly dividend increase. The dividend is payable December 2, 2025 to shareholders of record as of November 14, 2025. Management cited continued strong cash flow, a healthy balance sheet, and disciplined capital allocation as rationale.
Operations span dealerships and commercial truck retailing across the US, UK, Canada, Germany, Italy, Japan, and Australia.
Penske Automotive Group (NYSE: PAG) will release financial results for the three and nine months ended September 30, 2025 on the morning of Wednesday, October 29, 2025. An investor presentation and earnings press release will be available that morning on the company's investor website. A conference call and live audio webcast to discuss results is scheduled for 2:00 PM Eastern Daylight Time on October 29, 2025, with dial‑in and webcast details provided and a webcast replay available for 7 days beginning about 5:00 PM on the day of the call.
Penske Automotive Group (NYSE:PAG) reported strong Q2 2025 results with record gross profit of $1.3 billion, up 3% year-over-year. The company maintained flat revenue at $7.7 billion while net income increased 4% to $250.0 million, with earnings per share rising 5% to $3.78.
Key highlights include an 8% increase in retail automotive service and parts revenue, a 50-basis point improvement in overall gross margin to 16.9%, and a 30-basis point improvement in SG&A as a percentage of gross profit. The company repurchased 630,000 shares during Q2 and announced a 4.8% dividend increase to $1.32 per share.
The company completed the acquisition of a Ferrari dealership in Italy in July 2025, with expected annualized revenue of $40 million. PAG maintains strong liquidity of $2.3 billion with a leverage ratio of 1.2x.
Penske Automotive Group (NYSE:PAG) has announced a 4.8% increase in its quarterly dividend to $1.32 per share, marking its 19th consecutive quarterly increase. The dividend will be payable on September 3, 2025, to shareholders of record as of August 15, 2025.
PAG operates as a diversified international transportation services company with dealerships across seven countries and employs over 28,700 people worldwide. The company owns a 28.9% stake in Penske Transportation Solutions, which manages a fleet of over 414,000 trucks, tractors, and trailers and employs more than 44,500 people.
Penske Automotive Group (NYSE:PAG), a leading international transportation services company, has scheduled its Q2 and H1 2025 financial results conference call for Wednesday, July 30, 2025, at 2:00 PM EDT.
The company will release its earnings and investor presentation on the morning of July 30 through its website. The conference call will be accessible via phone (US: 800-715-9871, International: 646-307-1963) and webcast, with a replay available for 7 days.
PAG operates automotive and commercial truck dealerships across seven countries, employs over 28,700 people worldwide, and owns 28.9% of Penske Transportation Solutions, which manages a fleet of over 428,000 vehicles.
[]Penske Automotive Group (NYSE:PAG) has completed the acquisition of a Ferrari dealership in Modena, Italy, located in the Emilia Romagna region. The new location is expected to generate an estimated $40 million in annualized revenue. This strategic acquisition expands PAG's luxury presence in Italy to 29 automotive retail locations and increases its global Ferrari representation to nine locations worldwide, including Maranello Classic Parts, the exclusive official Ferrari classic parts distributor globally.
The acquisition strengthens PAG's international presence as a diversified transportation services company operating across four continents and eight countries. The company employs over 28,700 people worldwide and owns a 28.9% stake in Penske Transportation Solutions, which manages a fleet of over 428,000 vehicles.
Penske Automotive Group (NYSE: PAG) has announced two significant shareholder-friendly moves. The company increased its quarterly dividend by 3.3% to $1.26 per share, marking its 18th consecutive quarterly increase. The dividend will be payable on June 3, 2025, to shareholders of record as of May 27, 2025.
Additionally, PAG's Board of Directors approved an additional $250 million in securities repurchase authorization, bringing the total current authorization to $295.8 million. The company can execute these repurchases through various means, including open market transactions, privately negotiated deals, tender offers, or accelerated share repurchase programs.
Penske Automotive Group reported strong Q1 2025 results with record revenue of $7.6 billion, up 2% year-over-year. Net income rose 14% to $244.3 million, with earnings per share increasing to $3.66.
Key highlights include:
- Same-store retail automotive revenue up 2%
- Service and parts revenue increased 4%
- New vehicle sales up 7%, while used vehicle sales declined 3%
- Commercial truck unit sales grew 4%
The company maintained strong financial health with $2.1 billion in liquidity and a leverage ratio of 1.2x. Share repurchases totaled 254,406 shares for $39.9 million during Q1. Despite challenges in the freight market affecting truck rental revenue, Penske Transportation Solutions saw earnings increase to $33.2 million from $32.5 million year-over-year.