Penske Automotive Group Stock News

The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant's AI summaries use its journalism without consent and reduce traffic to its websites.

Transportation company Penske criticizes Department of Homeland Security for using rental trucks to transport agents in cargo areas without authorization.

Penske Automotive Group (PAG 0.04%), a diversified global auto and truck retailer, reported its second quarter earnings results on July 30, 2025. The headline news was a robust GAAP earnings per share (EPS) of $3.78, surpassing analyst GAAP estimates of $3.57.

“We're thrilled to join the IndyCar ownership group at such a pivotal time for the sport,” said Eric Shanks, CEO & Executive Producer, FOX Sports.

Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway. Financial details weren't disclosed. The move builds on a Fox Sports rights deal from this year, which has also been extended, bringing fresh promotional resources and significantly larger reach to the series.

The deal is the latest alliance between a media company and a sports organization.

PAG reported solid Q2 results with EPS growth and margin expansion, driven by cost discipline and a resilient service/parts business. The company's focus on premium and imported vehicles insulates it somewhat from tariffs and economic cyclicality, but vehicle sales remain sluggish. Service and parts drive the majority of gross profit, providing stability despite macro headwinds and muted new/us...

Penske delivered resilient Q2 results, growing EPS 5% despite flat revenue, thanks to higher margin used car sales and strong service & parts performance. Tariff risks impacted Penske's new car sales in Q2 due to its heavy exposure to European and Japanese brands. Early indications for July suggest sales are picking back up given higher certainty around tariffs, but more time is needed to estab...