Penske Automotive Group reports news on its automotive retail, commercial truck dealership, service and parts, and finance and insurance operations. The company is a diversified international transportation services business with franchised automotive dealerships, commercial truck dealerships, used-vehicle stores, commercial vehicle distribution and power systems operations, and joint venture interests tied to Penske Transportation Solutions.
Recurring updates for PAG cover quarterly operating results, same-store vehicle sales, gross profit per unit, service and parts revenue, truck-market conditions, dealership acquisitions, credit-agreement funding, dividends, share repurchases, and balance-sheet and capital-allocation activity. Company announcements also include completed dealership additions in markets such as California, Texas, and Florida, including Toyota and Lexus franchises.
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