Penske Boasts Q4 Earnings Beat, Revenues Up As New And Used Car Deliveries Increase 3%
“New and used automotive gross profit per unit retailed remained strong, including a $74 per unit sequential increase in new vehicle gross profit per unit retailed when compared to the third quarter of 2024, and same-store service and parts revenue and gross profit increased 7% and 9%, respectively,” said Chair and CEO Roger Penske.
Penske Automotive Group's Retail Automotive segment shows accelerating growth in new car unit sales and improving margins, ...
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The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...
Penske Automotive Group (PAG) has reported a record-breaking fourth quarter of 2024, with revenue increasing by 6% to a new ...
Penske Australia & New Zealand has announced a further extension to its ongoing partnership with the Shell V-Power Racing Team ...
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