Penske Automotive Group Share News

BLOOMFIELD HILLS, Mich. , April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships alo...

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Penske Automotive Group, Inc. (PAG) Q4 2023 Earnings Call Transcript

Completes Third Most Profitable Year in Company History Fourth Quarter Revenue Increased 4% to $7.3 Billion Fourth Quarter Retail Automotive Same-Store Revenue Increased 4%, Including a 7% Increase in Service & Parts Fourth Quarter Profitability Impacted by Non-Cash Impairment Charge, Lower Equity Earnings From PTS, and Higher Interest Expense BLOOMFIELD HILLS, Mich. , Feb. 7, 2024 /PRNewswire/...

BLOOMFIELD HILLS, Mich. , Jan. 25, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers today announced it will release financial results for the fourth quarter and full-year ended December 31, 2023, before the market opens on Wednesday, February 7, 2024.

AMARILLO, Texas , Jan. 19, 2024 /PRNewswire/ -- Premier Truck Group, an international medium and heavy-duty commercial truck dealership group, announced today the relocation of its Amarillo, Texas dealership into a new state-of-the-art facility. The new facility, located at 7580 E Interstate 40, is less than half a mile from the previous dealership location.

BLOOMFIELD HILLS, Mich. , Jan. 17, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $0.87 per share, representing an increase of 10%.

Penske Automotive Group has an impressive history of delivering above market returns for shareholders. The company is poised to benefit from continued consolidation of the automobile retail industry. PAG enjoys a moderate moat around its business due to franchise agreements and state regulations.