Penske Automotive Group, Inc. (N:PAG)

Business Focus: Auto Vehicles, Parts & Service Retailers

Apr 18, 2024 07:00 am ET
Paralyzed Veterans of America receives $1.17 million donation from Penske Automotive Group and celebrates 10th year of partnership
WASHINGTON, April 18, 2024 /PRNewswire/ -- Paralyzed Veterans of America proudly celebrates a decade-long partnership with long-time supporter Penske Automotive Group, who donated $1.17 million in 2023 to the nonprofit to support paralyzed veterans nationwide. The amount is composed of donations from generous customers and employees of Penske Automotive Group, along with a matching contribution from the company.
Apr 16, 2024 06:59 am ET
PENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., April 16, 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 first quarter ended March 31, 2024, on the morning of Tuesday, April 30, 2024.  
Apr 08, 2024 04:15 pm ET
PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA
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 along with a Ducati motorcycle dealership in Melbourne, Australia.
Feb 07, 2024 05:59 am ET
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY AND FULL YEAR 2023 RESULTS
Completes Third Most Profitable Year in Company History
Jan 25, 2024 06:00 am ET
PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS CONFERENCE CALL
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. An investor presentation and earnings press release will be accessible beginning the morning of the conference call in the Investors section of the Penske Automotive Group website at www.penskeautomo
Jan 19, 2024 05:59 am ET
PREMIER TRUCK GROUP MOVES INTO NEWLY BUILT FACILITY IN AMARILLO, TX
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. The new, custom-built 115,000 sq. foot dealership offers service, parts and new and pre-owned vehicles sales, as well as collision repair services in the West Texas market area for heavy-duty and medium-duty trucks, buses and motorhome ch
Jan 17, 2024 05:58 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%
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%.  "We are pleased to provide an increase in the cash dividend.   The strength of our balance sheet and our continued strong cash flow enables us to reward our shareholders," said Penske Automotive Group President, Robert Kurnick, Jr.  T
Jan 11, 2024 03:21 pm ET
PENSKE AUTOMOTIVE GROUP NAMED BY GLASSDOOR AS ONE OF THE "BEST PLACES TO WORK" for 2024
BLOOMFIELD HILLS, Mich., Jan. 11, 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, is pleased to announce that it has been named a winner of Glassdoor's 16th Annual Employees' Choice Awards, honoring the "Best Places to Work 2024".  Since 2009, Glassdoor Best Places to Work Award has been honoring companies where employees love to work, with winners determined solely based on feedback provided by their employees. 
Jan 08, 2024 03:15 pm ET
PENSKE AUTOMOTIVE GROUP COMPLETES RYBROOK ACQUISITION EXPANDING PRESENCE IN THE UNITED KINGDOM
Adds 15 Premium Dealerships Representing Estimated Annualized Revenue of $1 Billion
Dec 11, 2023 05:58 am ET
PENSKE AUTOMOTIVE GROUP TO EXPAND PRESENCE IN THE UNITED KINGDOM
Signs Agreement to Acquire 15 Premium Dealerships Representing Estimated Annualized Revenue of $1 Billion
Nov 20, 2023 03:03 pm ET
PENSKE AUTOMOTIVE GROUP PUBLISHES 2023 CORPORATE RESPONSIBILITY REPORT
BLOOMFIELD HILLS, Mich., Nov. 20, 2023 /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, has published its 2023 Corporate Responsibility Report.  The 2023 report showcases the Company's progress toward its Environmental, Social and Governance ("ESG") initiatives and its commitment to promote a diverse, equitable, inclusive, and motivated workforce.
Nov 02, 2023 06:59 am ET
PENSKE AUTOMOTIVE GROUP DEALERSHIPS NAMED BEST TO WORK FOR
Forty-Four Dealerships Recognized as Automotive News' Best Dealerships to Work For in 2023
Oct 25, 2023 06:59 am ET
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Quarterly Revenue Increased 8% to $7.4 Billion
Oct 18, 2023 09:06 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9.7%
BLOOMFIELD HILLS, Mich., Oct. 18, 2023 /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 increased the Company's quarterly dividend by $0.07 per share, or 9.7%, to $0.79 per share.  "Our healthy balance sheet, continued strong cash flow and the strength of operations enables us to increase the cash dividend and reward our shareholders," said Penske Automotive Group President, Robert Kurnick, Jr.  The div
Oct 17, 2023 08:00 am ET
Gabelli Funds 47th Annual Auto Symposium October 30th and October 31st
Gabelli Funds, LLC, will host the 47th Annual Auto Symposium at the Encore at Wynn in Las Vegas beginning on October 30, 2023. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies,...
Oct 11, 2023 04:20 pm ET
PENSKE AUTOMOTIVE GROUP SCHEDULES THIRD QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., Oct. 11, 2023 /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 third quarter 2023 financial results on the morning of Wednesday, October 25, 2023. A conference call to discuss these results will be held later that day as follows:
Sep 28, 2023 04:15 pm ET
PENSKE AUTOMOTIVE DEALERSHIPS IN ROUND ROCK, TEXAS SUSTAIN SIGNIFICANT HAIL DAMAGE
BLOOMFIELD HILLS, Mich., Sept. 28, 2023 /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 severe storms at its Genesis, Honda, Hyundai, and Toyota dealerships located in Round Rock, Texas, disrupted operations and caused significant hail damage to over 750 new, used and customer service loaner vehicles.  The Company estimates these vehicles represent over $27 million in inventory value.  Most of the damaged vehicles are not repair
Sep 11, 2023 08:00 am ET
Gabelli Funds to Host 47th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada
Gabelli Funds will host the 47th Annual Automotive Symposium on October 30th and 31st, 2023 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking...
Aug 01, 2023 07:04 pm ET
Erie Indemnity and Penske Automotive Group Set to Join S&P MidCap 400
NEW YORK, Aug. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:
Jul 26, 2023 06:39 am ET
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Record Quarterly Revenue Increased 8% to $7.5 Billion
Jul 19, 2023 08:46 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%
BLOOMFIELD HILLS, Mich., July 19, 2023 /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 increased the Company's quarterly dividend by $0.06 per share, or 9%, to $0.72 per share. "We are pleased to provide an increase in the cash dividend to our shareholders," said Penske Automotive Group President, Robert Kurnick, Jr. "Continued strong cash flow, a healthy balance sheet, and the strength of our operatio
Jul 17, 2023 04:25 pm ET
PENSKE AUTOMOTIVE GROUP SCHEDULES SECOND QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., July 17, 2023 /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 second quarter 2023 financial results on the morning of Wednesday, July 26, 2023. A conference call to discuss these results will be held later that day as follows:
Jun 05, 2023 12:22 pm ET
PENSKE AUTOMOTIVE GROUP ACQUIRES COMMERCIAL TRUCK DEALERSHIPS IN CANADA
Expands North American Operations to New Market Area in Manitoba
Jun 05, 2023 12:22 pm ET
PENSKE AUTOMOTIVE GROUP ACQUIRES COMMERCIAL TRUCK DEALERSHIPS IN CANADA
Expands North American Operations to New Market Area in Manitoba
May 11, 2023 04:02 pm ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 8% AND ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY
BLOOMFIELD HILLS, Mich., May 11, 2023 /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 authorized an increase in the Company's quarterly dividend by $0.05 per share, or 8%, to $0.66 per share and delegated to management an additional $250 million in authority to repurchase the Company's outstanding securities. "Based on the strength of the Company's performance and continued strong cash flow, we are ple
Apr 26, 2023 06:59 am ET
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Q1 2023 Record Revenue Increased 5% to $7.3 Billion
Apr 13, 2023 06:59 am ET
PENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2023 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., April 13, 2023 /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 announced today it will be hosting its first quarter 2023 financial results conference call as follows:
Apr 11, 2023 08:00 am ET
Paralyzed Veterans of America receives $1.3 million donation from Penske Automotive Group to help Veterans across the U.S.
WASHINGTON, April 11, 2023 /PRNewswire/ -- Paralyzed Veterans of America today announced it received a donation of $1.3 million from long-time veteran supporter Penske Automotive Group. The amount includes donations from customers and employees of Penske Automotive Group, as well as matching contributions from the company.
Feb 17, 2023 05:59 am ET
PENSKE AUTOMOTIVE GROUP ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY OF $250 MILLION
BLOOMFIELD HILLS, Mich., Feb. 17, 2023 /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 delegated to management $250 million in authority to repurchase the Company's outstanding securities.  This repurchase authority is in addition to previously announced repurchase authority, of which $3.6 million remained outstanding as of February 7, 2023.  The authority has no expiration.  In 2022, the Company repurchas
Feb 08, 2023 05:59 am ET
PENSKE AUTOMOTIVE GROUP REPORTS RECORD RESULTS
Record Q4 Revenue and Earnings Per Share
Jan 26, 2023 05:59 am ET
PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., Jan. 26, 2023 /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 announced today it will be hosting its fourth quarter and full-year 2022 financial results conference call as follows:
Jan 25, 2023 05:59 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
Dividend Increased by $0.04 per share, or 7%, to $0.61
Nov 18, 2022 10:44 am ET
Penske Automotive Group Publishes 2022 ESG Report
BLOOMFIELD HILLS, Mich., Nov. 18, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial trucks retailers, has published its 2022 Environmental, Social and Governance ("ESG") Report.  The 2022 report focuses on progress with respect to the Company's ESG initiatives, sharing certain metrics and achievements from 2021 and highlighting the Company's efforts to promote a more sustainable and equitable future. 
Nov 02, 2022 06:59 am ET
PENSKE AUTOMOTIVE GROUP DEALERSHIPS NAMED BEST TO WORK FOR
Forty-Six Dealerships Recognized as Automotive News' Best Dealerships to Work For in 2022
Oct 26, 2022 06:58 am ET
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY EARNINGS
Record Third Quarter Revenue — Increased 7% to $6.9 Billion
Oct 20, 2022 06:55 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
Dividend Increased by $0.04 per share, or 7.5%, to $0.57
Oct 17, 2022 06:59 am ET
PENSKE AUTOMOTIVE GROUP TO HOST THIRD QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., Oct. 17, 2022 /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 announced today the hosting of its third quarter 2022 financial results conference call as follows:
Jul 27, 2022 06:58 am ET
PENSKE AUTOMOTIVE GROUP REPORTS ALL-TIME RECORD QUARTERLY EARNINGS
Earnings Before Taxes Increased 8% to $500 Million
Jul 21, 2022 11:40 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
Dividend Increased by $0.03 per share, or 6%, to $0.53
Jul 13, 2022 04:30 pm ET
PENSKE AUTOMOTIVE GROUP SCHEDULES RELEASE OF SECOND QUARTER 2022 FINANCIAL RESULTS
BLOOMFIELD HILLS, Mich., July 13, 2022 /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, announced today it will release its second quarter 2022 financial results on the morning of Wednesday, July 27, 2022.  PAG will host an audio webcast and conference call to discuss these results later that day at 2:00 PM (Eastern).
May 12, 2022 04:05 pm ET
May 03, 2022 10:01 am ET
The Presidio Group Advises on the Sale of Terry Lee Hyundai & Genesis of Noblesville to Penske Automotive Group
The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Terry Lee on the sale of Terry Lee Hyundai & Genesis of Noblesville to Penske Automotive Group (NYSE: PAG).
May 03, 2022 06:58 am ET
Apr 13, 2022 06:59 am ET
PENSKE AUTOMOTIVE GROUP TO HOST FIRST QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALL
BLOOMFIELD HILLS, Mich., April 13, 2022 /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 announced today the hosting of its first quarter 2022 financial results conference call as follows:
Apr 12, 2022 06:59 am ET
PENSKE AUTOMOTIVE GROUP EXPANDS PRESENCE IN SOUTHERN CALIFORNIA
Acquires BMW/MINI of Escondido and a Collision Center
Apr 01, 2022 06:59 am ET
PENSKE AUTOMOTIVE GROUP EXPANDS PRESENCE IN THE UNITED KINGDOM
Acquires Three BMW MINI Dealerships and a Collison Center
Mar 23, 2022 09:31 am ET
Paralyzed Veterans of America received over $1 million donation from long-time partner Penske Automotive Group
Donation to go towards providing paralyzed veterans with specialized medical care and treatments, the accessible vehicles and homes they need, the jobs they want, and the benefits they deserve
Feb 28, 2022 03:05 pm ET
PENSKE AUTOMOTIVE GROUP ACQUIRES TEAM TRUCK CENTRES IN ONTARIO, CANADA
Represents $150 Million in Annualized Revenues
Feb 28, 2022 03:05 pm ET
PENSKE AUTOMOTIVE GROUP ACQUIRES TEAM TRUCK CENTRES IN ONTARIO, CANADA
Represents $150 Million in Annualized Revenues
Feb 09, 2022 05:59 am ET
PENSKE AUTOMOTIVE GROUP REPORTS RECORD FOURTH QUARTER AND RECORD FULL YEAR 2021 RESULTS
BLOOMFIELD HILLS, Mich., Feb. 9, 2022 /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 record fourth quarter and twelve months 2021 results. In the fourth quarter, the company reported a 55.1% increase in income from continuing operations attributable to common shareholders to $310.4 million and a 59.4% increase in related earnings per share to $3.97. As reconciled in the attached schedules, adjusted income from continuing operations
Jan 26, 2022 07:00 am ET
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
BLOOMFIELD HILLS, Mich., Jan. 26, 2022 /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 increased the Company's dividend by 2.2%, or $0.01 per share, to $0.47 per share. "The increase in the dividend reflects our Board of Directors' confidence in the Company's strong cash flow and the continued strength of our diversified business model," said Penske Automotive Group President, Robert H. Kurnick, Jr.
Jan 04, 2022 06:00 am ET
Penske Automotive Group Opens New Honda Dealership in Texas
BLOOMFIELD HILLS, Mich., Jan. 4, 2022 /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 the grand opening of a new, state-of-the art Honda dealership in Leander, Texas.    
Dec 14, 2021 06:00 am ET
Penske Automotive Group Expands BMW Presence
BLOOMFIELD HILLS, Mich., Dec. 14, 2021 /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 it has acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, Michigan, representing the Company's 48th BMW dealership world-wide. Commenting on the acquisition, President Rob Kurnick said, "This dealership has a strong legacy of serving BMW enthusiasts in the metropolitan Detroit market for over 50 years. We are thrilled to expand ou
Nov 16, 2021 05:59 am ET
Penske Automotive Group Acquires McCoy Freightliner
BLOOMFIELD HILLS, Mich., Nov. 16, 2021 /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 it has acquired McCoy Freightliner ("McCoy"), a retailer of medium and heavy-duty commercial trucks, located in Oregon. The McCoy acquisition is expected to generate approximately $200 million in annualized revenue, building further scale within the Company's wholly-owned Premier Truck Group ("PTG") subsidiary.
Nov 04, 2021 07:00 am ET
CarShop Expands to Arizona
BLOOMFIELD HILLS, Mich., Nov. 4, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial trucks retailers, announced today the opening of its eighth U.S.-based CarShop (www.carshop.com) location (and 23rd worldwide) in Scottsdale, Arizona, part of the Phoenix metropolitan area that ranks fifth in the U.S. in total population.  The new dealership represents CarShop's latest expansion as a global brand that makes car buying easy and fun.
Nov 03, 2021 04:02 pm ET
Penske Automotive Group Publishes its Inaugural ESG Report
BLOOMFIELD HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial trucks retailers, has published its 2021 Environmental, Social and Governance Report ("ESG") highlighting its commitment to sustainability.  The 2021 report represents the Company's initial report and shares its vision, commitment, and efforts to:
Oct 27, 2021 06:59 am ET
Penske Automotive Reports All-Time Record Quarterly Results
BLOOMFIELD HILLS, Mich., Oct. 27, 2021 /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 record third quarter and nine months 2021 results, including the best quarterly results in company history. For the three months ended September 30, 2021, the company reported a 43.9% increase in income from continuing operations attributable to common shareholders to $354.8 million and a 45.3% increase in related earnings per share to $4.46. This c
Oct 21, 2021 06:59 am ET
Penske Automotive Group Dealerships Named Best To Work For
BLOOMFIELD HILLS, Mich., Oct. 21, 2021 /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 announced today that thirty-five (35) of its dealerships have been recognized as part of the Top 100 Best Dealerships to Work For 2021 by Automotive News, more than any other dealership group. 
Oct 20, 2021 04:25 pm ET
Penske Automotive Group Increases Dividend
BLOOMFIELD HILLS, Mich., Oct. 20, 2021 /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 increased the Company's dividend by 2.2% to $0.46 per share. "The increase in the dividend reflects our Board of Directors' confidence in our diversified business model and our strong cash flow," said Penske Automotive Group President, Robert H. Kurnick.
Oct 12, 2021 04:30 pm ET
Penske Automotive Group To Host Third Quarter 2021 Results Conference Call
BLOOMFIELD HILLS, Mich., Oct. 12, 2021 /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 announced today the hosting of its third quarter 2021 financial results conference call as follows:
Jul 28, 2021 06:59 am ET
Penske Automotive Reports All Time Record Second Quarter Results
BLOOMFIELD HILLS, Mich., July 28, 2021 /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 second quarter and six months 2021 results. For the three months ended June 30, 2021, the company reported a 652.9% increase in income from continuing operations attributable to common shareholders to $338.8 million and a 650.0% increase in related earnings per share to $4.20. This compares to income from continuing operations attributable to common
Jul 22, 2021 09:16 am ET
/C O R R E C T I O N -- Penske Automotive Group, Inc./
In the news release, Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles, issued 22-Jul-2021 by Penske Automotive Group, Inc. over PR Newswire, in the first sentence of the second paragraph, Cox Automotive's technology should be "Esntial Commerce" and not "Essential Commerce", as originally issued inadvertantly by PR Newswire.
Jul 22, 2021 07:00 am ET
Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles
BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. ("CAI"), announced today they have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which is owned exclusively by Cox Automotive,allows consumers to select from high-quality, preowned vehicles through PAG's U.S. CarShop used vehicle SuperCenters and franchised dealerships.
Jul 21, 2021 04:30 pm ET
Penske Automotive Group Increases Dividend
BLOOMFIELD HILLS, Mich., July 21, 2021 /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 increased the Company's dividend by 2.3% to $0.45 per share. The dividend is payable September 1, 2021, to shareholders of record on August 10, 2021.
Jul 15, 2021 06:59 am ET
Penske Automotive Announces Record Preliminary Second Quarter 2021 Results
BLOOMFIELD HILLS, Mich., July 15, 2021 /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 preliminary estimates of its financial results for the three months ended June 30, 2021.  Penske Automotive Group expects to report earnings before taxes of more than $450 million, income from continuing operations of more than $325 million and related earnings per share of more than $4.00, each representing an increase of more than 600% when compa
Feb 10, 2021 05:59 am ET
Jan 27, 2021 03:30 pm ET
Penske Automotive Group To Host Fourth Quarter 2020 Results Conference Call
BLOOMFIELD HILLS, Mich., Jan. 27, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter 2020 financial results conference call as follows:
Jan 26, 2021 06:56 am ET
Penske Automotive Group Increases Dividend
BLOOMFIELD HILLS, Mich., Jan. 26, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced that its Board of Directors has increased the Company's dividend to $0.43 per share.  The dividend is payable on March 1, 2021, to shareholders of record on February 10, 2021.
Oct 22, 2020 06:59 am ET
Penske Automotive Reports All Time Record Results
BLOOMFIELD HILLS, Mich., Oct. 22, 2020 /PRNewswire/ -- 
Oct 15, 2020 04:05 pm ET
Penske Automotive Group To Host Third Quarter Results Conference Call
BLOOMFIELD HILLS, Mich., Oct. 15, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its third quarter 2020 financial results conference call as follows:
Oct 14, 2020 08:20 am ET
Penske Automotive Reinstates Dividend
BLOOMFIELD HILLS, Mich., Oct. 14, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a  diversified international transportation services company, today announced that its Board of Directors has reinstated the Company's dividend, declaring a cash dividend of $0.42 per share. The dividend is payable on December 1, 2020, to shareholders of record on November 10, 2020.
Oct 13, 2020 10:17 am ET
G.research 44th Annual Auto Symposium - Virtual
G.research, in conjunction with Gabelli Funds, will virtually host the 44th Annual Automotive Symposium on Monday, November 2nd & Tuesday, November 3rd, 2020. This research meeting will feature presentations by senior management of several leading automotive companies, with an emphasis on industry dynamics, technical innovation, EV and macroeconomic trends. Investors should contact their salesperson for more information or to register or click on the link below.
Oct 06, 2020 02:17 pm ET
G.research 44th Annual Auto Symposium - Virtual
G.research, in conjunction with Gabelli Funds, will virtually host the 44th Annual Automotive Symposium on Monday, November 2nd & Tuesday, November 3rd, 2020.This research meeting will feature presentations by senior management of several leading automotive companies, with an emphasis on industry dynamics, technical innovation, EV and macroeconomic trends. Investors should contact their salesperson for more information or to register or click on the link below.
Aug 04, 2020 04:26 pm ET
Penske Automotive Group Announces Pricing of $550 Million Senior Subordinated Notes
BLOOMFIELD HILLS, Mich., Aug. 4, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE: PAG) a diversified international transportation services company, today announced the pricing of $550 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2025 (the "2025 Notes") at 3.5%.  The sale of the 2025 Notes, which is subject to customary closing conditions, is expected to be completed on August 20, 2020.
Aug 04, 2020 09:09 am ET
Penske Automotive Group Announces $550 Million Senior Subordinated Notes Offering
BLOOMFIELD HILLS, Mich., Aug. 4, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE:PAG) a diversified international transportation services company, today announced that it intends to offer $550 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2025 (the "2025 Notes"), subject to market and other customary closing conditions, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission ("SEC").
Jul 29, 2020 06:59 am ET
Penske Automotive Reports Second Quarter 2020 Results
BLOOMFIELD HILLS, Mich., July 29, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced second quarter and six months 2020 results. For the three months ended June 30, 2020, the company reported income from continuing operations attributable to common shareholders of $45.0 million, or $0.56 per share, compared to $117.7 million, or $1.42 per share in the prior year. Foreign exchange had no impact on earnings per share. Revenue was $3.7 billion compared to $5.8 billion in the same period last year
Jul 17, 2020 07:00 am ET
Penske Automotive Group To Host Second Quarter 2020 Financial Results Conference Call
BLOOMFIELD HILLS, Mich., July 17, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its second quarter 2020 financial results conference call as follows:
Jul 16, 2020 06:59 am ET
Penske Automotive Provides Operational Update
BLOOMFIELD HILLS, Mich., July 16, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE:PAG) a diversified international transportation services company, today provided an operational update on its business for the second quarter of 2020.  Based on the performance of its U.S. and U.K. retail automotive dealerships and its used vehicle supercenter operations in June, coupled with continued expense management across all of our business lines, the Company expects to report earnings per share from continuing operations of $0.52 to $0.57 for the three months ended June 30, 2020.
Jun 09, 2020 06:59 am ET
Penske Automotive Provides Operational Update
BLOOMFIELD HILLS, Mich., June 9, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today provided an operational update on its business, noting improvements in automotive retail business conditions when compared to March and April.  Penske Automotive Group CEO Roger Penske said, "I am encouraged by the significant improvement we continue to see in our operations.  Since the COVID-19 pandemic began impacting operations in the second half of March, we took actions to reduce costs and preserve our liquidity position.  Bas
May 13, 2020 04:15 pm ET
Penske Automotive Suspends Quarterly Dividend
BLOOMFIELD HILLS, Mich., May 13, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a  diversified international transportation services company, today announced that its Board of Directors has suspended its cash dividend.  The company previously paid a quarterly dividend of $0.42 per share to shareholders on March 3, 2020.  The company estimates that the suspension of the dividend will preserve approximately $34 million in cash during the second quarter.  Commenting on the announcement, Chair Roger Penske said, "The decision to suspend the quarterly dividend is consistent with
May 06, 2020 06:58 am ET
Penske Automotive Reports First Quarter 2020 Results
BLOOMFIELD HILLS, Mich., May 6, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced first quarter 2020 results. For the three months ended March 31, 2020, the company reported income from continuing operations attributable to common shareholders of $51.6 million, or $0.64 per share, compared to $100.1 million, or $1.19 per share in the prior year. Foreign exchange negatively impacted earnings per share by $0.01. Revenue was $5.0 billion compared to $5.6 billion in the same period last year.
Apr 30, 2020 06:58 am ET
Penske Automotive To Hold Audio Annual Meeting Of Stockholders
BLOOMFIELD HILLS, Mich., April 30, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a  diversified international transportation services company, today announced a change in the location of its 2020 Annual Meeting of Stockholders. Due to the continued public health concerns regarding COVID-19, including the restrictions on in-person gatherings in Michigan, the 2020 Annual Meeting will be conducted exclusively by remote communication. As previously announced, the 2020 Annual Meeting will be held on Wednesday, May 13, 2020, at 8:00 a.m., Eastern Daylight Time. Stockholders will n
Apr 22, 2020 06:58 am ET
Penske Automotive Group To Host First Quarter Results Conference Call
BLOOMFIELD HILLS, Mich., April 22, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter 2020 financial results conference call as follows:
Mar 30, 2020 06:25 pm ET
Penske Automotive Addresses COVID-19
BLOOMFIELD HILLS, Mich., March 30, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a  diversified international transportation services company, provided the following operational update regarding COVID-19 and initiatives in place to address its impact on the company's business.  Commenting on the current situation, Penske Automotive Group CEO Roger Penske said, "The COVID-19 crisis is impacting our operations requiring us to take swift and decisive action to address declining business levels.  I am confident the actions we are taking will help our business overcome these chal
Oct 29, 2019 06:59 am ET
Penske Automotive Reports Third Quarter 2019 Results
BLOOMFIELD HILLS, Mich., Oct. 29, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced third quarter and nine months 2019 results. For the three months ended September 30, 2019, the company reported income from continuing operations attributable to common shareholders of $116.1 million, or $1.42 per share, compared to $130.1 million, or $1.53 per share in the prior year. For the three and nine months ended September 30, 2018, income and earnings per share from continuing operations attributable to common
Oct 16, 2019 07:41 am ET
Penske Automotive Increases Dividend To $0.41 Per Share
BLOOMFIELD HILLS, Mich., Oct. 16, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.41 per share for the third quarter of 2019.
Oct 07, 2019 07:00 am ET
Penske Automotive Group To Host Third Quarter Conference Call
BLOOMFIELD HILLS, Mich., Oct. 7, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its third quarter financial results conference call as follows:
Sep 26, 2019 11:28 am ET
G.research 43rd Annual Automotive Symposium
G.research will host the 43rd Annual Automotive Symposium on Monday, November 4th through Tuesday, November 5th in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, technical innovation, EV, and macroeconomic trends. Discussions will be moderated by GAMCO analysts Carolina Jolly, Brian Sponheimer and Shawn Kim. Investors should contact their salesperson for more information or to register for this event.
Sep 24, 2019 07:00 am ET
Penske Automotive Group Dealerships Named Best To Work For
BLOOMFIELD HILLS, Mich., Sept. 24, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that thirty-three (33) of its dealerships have been recognized by Automotive News on the Best Dealerships to Work 2019 List, more than any other dealership group.  For the second consecutive year, a Penske Automotive dealership received top honors with Audi Turnersville named the Best Dealership to Work For in the U.S. for 2019.
Aug 27, 2019 06:59 am ET
Penske Automotive Opens Its 15th Used Vehicle Supercenter
BLOOMFIELD HILLS, Mich., Aug. 27, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced the opening of its fifteenth (15th) used vehicle supercenter as CarSense Glen Mills, located in Glen Mills, New Jersey.  CarSense now has six locations operating in the Pennsylvania and New Jersey areas driving scale and operational efficiencies.
Jul 30, 2019 06:59 am ET
Penske Automotive Reports Second Quarter 2019 Results
BLOOMFIELD HILLS, Mich., July 30, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced second quarter and six months 2019 results, and the acquisition of Warner Truck Centers, which is expected to add over $1.1 billion in annualized revenues. For the three months ended June 30, 2019, the company reported income from continuing operations attributable to common shareholders of $117.7 million, or $1.42 per share, compared to $134.6 million, or $1.58 per share in the prior year.
Jul 17, 2019 07:40 am ET
Penske Automotive Increases Dividend To $0.40 Per Share
BLOOMFIELD HILLS, Mich., July 17, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.40 per share for the second quarter of 2019. 
Jul 12, 2019 07:00 am ET
Penske Automotive Group To Host Second Quarter Conference Call
BLOOMFIELD HILLS, Mich., July 12, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its second quarter financial results conference call as follows:
May 09, 2019 07:45 am ET
Penske Automotive Increases Dividend to $0.39 Per Share
BLOOMFIELD HILLS, Mich., May 9, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.39 per share for the first quarter of 2019. 
May 08, 2019 02:52 pm ET
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Penske Automotive Group, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
NEW YORK, May 8, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Penske Automotive Group, Inc. (NYSE: PAG).
Apr 25, 2019 06:59 am ET
Penske Automotive Reports First Quarter 2019 Results
BLOOMFIELD HILLS, Mich., April 25, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced first quarter 2019 results. For the three months ended March 31, 2019, the company reported income from continuing operations attributable to common shareholders of $100.1 million, or $1.19 per share, compared to $108.0 million, or $1.26 per share in the prior year.
Apr 12, 2019 08:25 am ET
Report: Developing Opportunities within Energy Fuels, Lam Research, Penske Automotive Group, Vera Bradley, Guess?, and CrossAmerica Partners LP — Future Expectations, Projections Moving into 2019
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Energy Fuels Inc (NYSE:UUUU), Lam Research Corporation (NASDAQ:LRCX),...
Apr 10, 2019 04:30 pm ET
Penske Automotive Group To Host First Quarter Conference Call
BLOOMFIELD HILLS, Mich., April 10, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its first quarter financial results conference call as follows:
Feb 07, 2019 05:59 am ET
Penske Automotive Reports Record Results
BLOOMFIELD HILLS, Mich., Feb. 7, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced record full year and fourth quarter 2018 adjusted results. For the twelve months ended December 31, 2018, total revenue increased 6.5% to $22.8 billion, including a 3.4% increase in same-store retail automotive revenue and a 28.8% increase in same-store retail commercial truck revenue. Income from continuing operations attributable to common shareholders was $470.5 million and related earnings per share was $5.52. As sho
Jan 30, 2019 08:27 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Jan. 30, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.38 per share for the fourth quarter of 2018. 
Jan 30, 2019 07:50 am ET
Investor Expectations to Drive Momentum within Stanley Black & Decker, Tempur Sealy International, Avis Budget Group, Penske Automotive Group, E.W. Scripps, and Daktronics — Discovering Underlying Fac
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Stanley Black & Decker, Inc. (NYSE:SWK), Tempur Sealy International,...
Jan 18, 2019 05:58 am ET
Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
BLOOMFIELD HILLS, Mich., Jan. 18, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows:
Dec 26, 2018 07:13 am ET
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Penske Automotive Group, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
NEW YORK, Dec. 26, 2018 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Penske Automotive Group, Inc. (NYSE: PAG).
Dec 13, 2018 03:05 pm ET
Penske Automotive Appoints New Director
BLOOMFIELD HILLS, Mich., Dec. 13, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that Mr. Masashi (Mik) Yamanaka has been appointed to its Board of Directors.  Mr. Yamanaka fills a vacancy created by the resignation of Kanji Sasaki from the PAG Board. 
Oct 31, 2018 08:30 am ET
New Research: Key Drivers of Growth for Penske Automotive Group, EMCOR Group, Mueller Industries, PS Business Parks, Anheuser-Busch InBev SA/NV, and Kilroy Realty — Factors of Influence, Major Initiat
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Penske Automotive Group, Inc. (NYSE:PAG), EMCOR Group, Inc. (NYSE:EME),...
Oct 25, 2018 06:59 am ET
Penske Automotive Reports Record Third Quarter 2018 Results
BLOOMFIELD HILLS, Mich., Oct. 25, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company consisting of franchised retail automotive dealerships, stand-alone used vehicle supercenters, heavy and medium duty retail truck dealerships, and distribution of commercial trucks and power systems, today announced record third quarter and record nine months 2018 results. For the three months ended September 30, 2018, income from continuing operations attributable to common shareholders increased 38.0% to $130.1 million, and related earnings per
Oct 18, 2018 07:30 am ET
G.research 42nd Annual Automotive Aftermarket Symposium
G.research will host the 42nd Annual Automotive Aftermarket Symposium on Monday, October 29th through Tuesday, October 30th 2018 in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, EV, and Auto 2.0 megatrends. Discussions will be moderated by analysts Carolina Jolly, Brian Sponheimer, Shawn Kim, and Matt Paige. Investors should contact their salesperson for more information or to register for this ev
Oct 17, 2018 07:40 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Oct. 17, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.37 per share for the third quarter of 2018. 
Oct 05, 2018 08:00 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Ellington Residential Mortgage REIT, International Game Technology, Penske Automotive Group, Nu Skin Enterprises, Saul Centers, and
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Ellington Residential Mortgage REIT (NYSE:EARN), International Game...
Oct 05, 2018 06:59 am ET
Penske Automotive Group To Host Third Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., Oct. 5, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its third quarter financial results conference call as follows:
Oct 03, 2018 07:30 am ET
G.research 42nd Annual Automotive Aftermarket Symposium
G.research will host the 42nd Annual Automotive Aftermarket Symposium on Monday, October 29th through Tuesday, October 30th 2018 in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, EV, and Auto 2.0 megatrends. Discussions will be moderated by analysts Carolina Jolly, Brian Sponheimer, Shawn Kim, and Matt Paige. Investors should contact their salesperson for more information or to register for this ev
Sep 12, 2018 07:30 am ET
G.research 42nd Annual Automotive Aftermarket Symposium
G.research will host the 42nd Annual Automotive Aftermarket Symposium on Monday, October 29th through Tuesday, October 30th 2018 in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, new technologies, and company fundamentals. Discussions will be moderated by analysts Carolina Jolly, Brian Sponheimer, Shawn Kim, and Matt Paige. Investors should contact their salesperson for more information or to regis
Aug 14, 2018 06:58 am ET
Penske Automotive Group Dealerships Named Best To Work For
BLOOMFIELD HILLS, Mich., Aug. 14, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, announced today that twenty-four (24) of its dealerships have been named by Automotive News as among the Best Dealerships to Work For in the United States. The award winning dealerships are:
Jul 26, 2018 06:59 am ET
Penske Automotive Reports Record Second Quarter And Record First-Half 2018 Results
BLOOMFIELD HILLS, Mich., July 26, 2018 /PRNewswire/ --
Jul 18, 2018 08:48 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., July 18, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.36 per share for the second quarter of 2018. 
Jul 12, 2018 04:30 pm ET
Penske Automotive Group To Host Second Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., July 12, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its second quarter financial results conference call as follows:
Jun 28, 2018 08:20 am ET
Research Report Identifies Paycom Software, Tempur Sealy International, Penske Automotive Group, World Fuel Services, Viasat, and Nationstar Mortgage with Renewed Outlook — Fundamental Analysis, Calcu
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Paycom Software, Inc. (NYSE:PAYC), Tempur Sealy International, Inc....
Jun 26, 2018 07:30 am ET
Gabelli & Company’s 42nd Annual Automotive Aftermarket Symposium
Gabelli & Company will host its 42nd Annual Automotive Aftermarket Symposium on October 29th & 30th in Las Vegas, Nevada. This research conference will feature presentations by senior management of leading automotive companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
May 23, 2018 07:30 am ET
Gabelli & Company’s Annual Automotive Aftermarket Symposium
Gabelli & Company will host its 42nd Annual Automotive Aftermarket Symposium on October 29th & 30th in Las Vegas, Nevada. This research conference will feature presentations by senior management of leading automotive companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
May 15, 2018 08:30 am ET
Investor Expectations to Drive Momentum within Aerohive Networks, M/I Homes, bluebird bio, Penske Automotive Group, Sanmina, and Genesco — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Aerohive Networks, Inc. (NYSE:HIVE), M/I Homes, Inc. (NYSE:MHO), bluebird...
May 11, 2018 06:58 am ET
Penske Automotive Elects Wolfgang Dürheimer As New Board Member
BLOOMFIELD HILLS, Mich., May 11, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that Wolfgang Dürheimer has been elected to its Board of Directors at its annual Shareholders Meeting, along with twelve incumbent directors.
May 10, 2018 07:35 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., May 10, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.35 per share for the second quarter of 2018. 
Apr 25, 2018 06:59 am ET
Penske Automotive Reports Record First Quarter Results
BLOOMFIELD HILLS, Mich., April 25, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced record first quarter results. For the three months ended March 31, 2018, income from continuing operations attributable to common shareholders increased 29.8% to $108.0 million, and related earnings per share increased 29.9% to $1.26 when compared to the same period last year. The results for the three months ended March 31, 2018 include a net benefit totaling $1.0 million after tax, or $0.01 per share, consisting of a $6.4 milli
Apr 10, 2018 04:37 pm ET
Penske Automotive Group To Host First Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., April 10, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter financial results conference call as follows:
Feb 13, 2018 07:35 am ET
Research Report Identifies Penske Automotive Group, United Natural Foods, American Equity Investment Life Holding, Control4, Nevro, and Medidata Solutions with Renewed Outlook — Fundamental Analysis,
NEW YORK, Feb. 13, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Penske Automotive Group, Inc. (NYSE:PAG), United...
Feb 08, 2018 05:59 am ET
Penske Automotive Reports Record Fourth Quarter Results
BLOOMFIELD HILLS, Mich., Feb. 8, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced record fourth quarter results. For the three months ended December 31, 2017, total revenue increased 10.4% to $5.4 billion, income from continuing operations attributable to common shareholders increased 300.0% to $330.0 million, and related earnings per share increased 296.9% to $3.85 when compared to the same period last year. Foreign exchange rates positively impacted earnings per share attributable to common shareholders by $0.
Feb 01, 2018 11:17 am ET
Penske Automotive Group Donates More Than $1 Million to Paralyzed Veterans of America
WASHINGTON, Feb. 1, 2018 /PRNewswire/ -- Penske Automotive Group and their customers raised over $1 million for Paralyzed Veterans of America (Paralyzed Veterans) through its 2017 "Service Matters" campaign. Since the inception of the campaign in 2015, Penske Automotive Group's "Service Matters" campaign has raised more than $3 million for Paralyzed Veterans.
Jan 31, 2018 03:32 pm ET
Penske Automotive Increases 401(k) Matching Contributions
BLOOMFIELD HILLS, Mich., Jan. 31, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has enhanced the company's U.S. 401(k) savings plan by increasing company matching contributions from 1.5% to 2.5% of eligible contributions, representing an increase of 67%.  The increase will provide a recurring, annual benefit to our employees.
Jan 30, 2018 05:59 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Jan. 30, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.34 per share for the fourth quarter of 2017. 
Jan 24, 2018 05:59 am ET
Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
BLOOMFIELD HILLS, Mich., Jan. 24, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows:
Jan 19, 2018 09:46 am ET
Penske Automotive Named One Of FORTUNE Magazine's "World's Most Admired Companies"
BLOOMFIELD HILLS, Mich., Jan. 19, 2018 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has been named one of the World's Most Admired Companies in specialty retailing by FORTUNE magazine. The World's Most Admired Companies ranking and related information will appear in FORTUNE magazine's January 22nd issue.
Jan 03, 2018 05:59 am ET
Penske Automotive Expands Presence In The United Kingdom
BLOOMFIELD HILLS, Mich., Jan. 3, 2018 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has completed the acquisition of The Car People (www.thecarpeople.co.uk), one of the U.K.'s leading retailers of used vehicles. The Car People retails high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience.
Dec 12, 2017 05:59 am ET
Penske Automotive Expands Presence In The United Kingdom
BLOOMFIELD HILLS, Mich., Dec. 12, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today that it has signed an agreement to acquire The Car People (https://www.thecarpeople.co.uk), one of the U.K.'s leading retailers of used vehicles.  The Car People retails high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience.  Established in 2000, The Car People has four large-scale retail locations operating in Wakefield, Sheffield, Manchester and Warrington.
Nov 22, 2017 08:10 am ET
Analysis: Positioning to Benefit within Unisys, Primerica, Penske Automotive Group, United Natural Foods, Schneider National, and CVR Refining, LP — Research Highlights Growth, Revenue, and Consolidat
NEW YORK, Nov. 22, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Unisys Corporation (NYSE:UIS), Primerica, Inc. (NYSE:PRI),...
Oct 25, 2017 07:59 am ET
Penske Automotive Reports Record Third Quarter Results
BLOOMFIELD HILLS, Mich., Oct. 25, 2017 /PRNewswire/ --  
Oct 12, 2017 05:31 pm ET
Penske Automotive Group To Host Third Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., Oct. 12, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its third quarter financial results conference call as follows:
Oct 12, 2017 07:00 am ET
REPEAT/Gabelli & Company’s 41st Annual Automotive Aftermarket Symposium
Gabelli & Company will host its 41st Annual Automotive Aftermarket Symposium on October 30 and October 31 in Las Vegas, Nevada. This conference showcases a full spectrum of leading automotive companies, including aftermarket parts retailers, original equipment & aftermarket parts suppliers, publicly traded dealership groups, and medium & heavy duty truck manufacturers. Presentations, fireside chats, and one-on-one meetings will be held from 12:00 p.m. PST on Monday, October 30 through 5:00 p.m. PST on Tuesday, October 31. The event
Oct 11, 2017 08:52 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Oct. 11, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.33 per share for the third quarter of 2017. 
Oct 05, 2017 01:30 pm ET
Gabelli Automotive Symposium Keynote to Focus on Vehicle Electrification
Gabelli & Company is pleased to announce that Andrew Daga, President and CEO of Momentum Dynamics Corporation, will deliver a keynote address at its 41st Annual Automotive Aftermarket Symposium on October 31st in Las Vegas.
Sep 28, 2017 07:59 am ET
Penske Automotive Comments on Impact from Hurricanes
BLOOMFIELD HILLS, Mich., Sept. 28, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today provided a preliminary estimate of the impact on its operations in Florida, Georgia, Texas and Puerto Rico from Hurricanes Irma, Harvey, and Maria. The company operates 19 dealerships and 3 collision centers in the affected areas which represented approximately 9% of the company's consolidated revenue for the six months ended June 30, 2017.
Sep 07, 2017 10:02 am ET
Penske Automotive Increases Ownership Interest in Penske Truck Leasing
BLOOMFIELD HILLS, Mich., Sept. 7, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, announced today that it has acquired an additional 5.5% interest in Penske Truck Leasing Co., L.P. ("PTL"),  a leading provider of transportation services and supply chain management, from subsidiaries of GE Capital Global Holdings, LLC, for approximately $239 million. The purchase price was funded using the existing liquidity on the company's U.S. credit agreement. 
Sep 01, 2017 05:20 pm ET
Penske Automotive Group Appoints Greg Smith As New Director
BLOOMFIELD HILLS, Mich., Sept. 1, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that Greg Smith has been appointed to its Board of Directors as an independent director. 
Aug 01, 2017 05:20 pm ET
Penske Automotive Group Announces Pricing Of $300.0 Million Senior Subordinated Notes
BLOOMFIELD HILLS, Mich., Aug. 1, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced the pricing of $300.0 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2020 (the "2020 Notes") at 3.75%. The sale of the 2020 Notes, which is subject to customary closing conditions, is expected to be completed on August 15, 2017.
Aug 01, 2017 08:27 am ET
Penske Automotive Group Announces $300.0 Million Senior Subordinated Notes Offering
BLOOMFIELD HILLS, Mich., Aug. 1, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that it intends to offer $300.0 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2020 (the "2020 Notes"), subject to market and other customary closing conditions, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC").
Jul 28, 2017 07:59 am ET
Penske Automotive Group Dealerships Named Best To Work For
BLOOMFIELD HILLS, Mich., July 28, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that twenty (20) of its dealerships have been named by Automotive News as among the 100 Best Dealerships to Work For in the United States. The award winning dealerships are:
Jul 27, 2017 07:59 am ET
Penske Automotive Reports Record Second Quarter Results
BLOOMFIELD HILLS, Mich., July 27, 2017 /PRNewswire/ --
Jul 26, 2017 08:51 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., July 26, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.32 per share for the second quarter of 2017. 
Jul 11, 2017 07:59 am ET
Penske Automotive Group To Host Second Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., July 11, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its second quarter financial results conference call as follows:
May 10, 2017 09:14 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., May 10, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.31 per share for the first quarter of 2017. 
Apr 26, 2017 07:57 am ET
Penske Automotive Reports Record First Quarter Results
BLOOMFIELD HILLS, Mich., April 26, 2017 /PRNewswire/ --  
Apr 10, 2017 05:38 pm ET
Penske Automotive Acquires Mercedes-Benz Dealership In Phoenix, Arizona
BLOOMFIELD HILLS, Mich., April 10, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has acquired Schumacher European, LTD., a Mercedes-Benz and Sprinter dealership in Phoenix, Arizona.  This new dealership is located contiguous to the company's Scottsdale 101 Auto Collection which currently represents fifteen franchises. 
Apr 05, 2017 05:32 pm ET
Penske Automotive Group To Host First Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., April 5, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter financial results conference call as follows:
Mar 16, 2017 07:58 pm ET
Penske Automotive Group Donates More Than $1 Million to Paralyzed Veterans of America
WASHINGTON, March 16, 2017 /PRNewswire-USNewswire/ -- Today Paralyzed Veterans of America (Paralyzed Veterans) announced that Penske Automotive Group donated more than $1 million last year to the organization through its "Service Matters" campaign. In the past two years, Paralyzed Veterans' corporate partner Penske Automotive Group has raised more than $2 million for Paralyzed Veterans programs and services.
Mar 07, 2017 07:00 am ET
Penske Automotive Acquires Jaguar And Land Rover Dealerships In Paramus, New Jersey
BLOOMFIELD HILLS, Mich., March 7, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has expanded its presence in the United States with the acquisition of the Jaguar and Land Rover dealerships in Paramus, New Jersey from the Prestige Family of Fine Cars.  The acquisition is expected to generate estimated annual revenue of approximately $215 million. 
Feb 16, 2017 08:25 am ET
Penske Automotive Completes Acquisition of U.K.-Based CarShop
BLOOMFIELD HILLS, Mich., Feb. 16, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider and a leading retailer of prestige vehicles in the U.K., announced today that it has completed the acquisition of CarShop, one of the U.K.'s leading retailers of used vehicles.  CarShop retails high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience. 
Feb 09, 2017 09:04 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Feb. 9, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.30 per share for the fourth quarter of 2016. 
Feb 07, 2017 06:59 am ET
Penske Automotive Reports Record Fourth Quarter And Full Year Results
BLOOMFIELD HILLS, Mich., Feb. 7, 2017 /PRNewswire/ --
Jan 17, 2017 04:33 pm ET
Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
BLOOMFIELD HILLS, Mich., Jan. 17, 2017 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows:
Jan 11, 2017 06:57 am ET
Penske Automotive Completes Acquisition Of CarSense
BLOOMFIELD HILLS, Mich., Jan. 11, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today that it has completed the acquisition of CarSense, a stand-alone specialty retailer of used vehicles in the United States. 
Jan 06, 2017 06:59 am ET
Penske Automotive Expands Presence In The United Kingdom
BLOOMFIELD HILLS, Mich., Jan. 6, 2017 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider and the leading retailer of prestige vehicles in the U.K., announced today that it has signed an agreement to acquire CarShop, one of the U.K.'s leading retailers of used vehicles. CarShop retails high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience. 
Dec 01, 2016 06:59 am ET
Penske Automotive Signs Agreement To Acquire CarSense
BLOOMFIELD HILLS, Mich., Dec. 1, 2016 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today that it has signed an agreement to acquire CarSense, a stand-alone specialty retailer of used vehicles in the United States.  The acquisition is expected to generate estimated annual revenue of approximately $350 million with accretion estimated to be $0.07 to $0.09 per share on an annualized basis.
Oct 26, 2016 07:57 am ET
Penske Automotive Reports Record Third Quarter Results
BLOOMFIELD HILLS, Mich., Oct. 26, 2016 /PRNewswire/ --
Oct 19, 2016 08:50 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Oct. 19, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.29 per share for the third quarter of 2016. 
Oct 06, 2016 07:54 am ET
Penske Automotive Group To Host Third Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., Oct. 6, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its third quarter financial results conference call as follows:
Oct 03, 2016 10:28 am ET
Penske Automotive Expands Presence in Italy
BLOOMFIELD HILLS, Mich., Oct. 3, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that it has expanded its presence in northern Italy with the acquisition of six franchises (Porsche [3], Audi, Land Rover and Volvo).   The franchises are located in the strategic northern Italian market area of Bologna.
Jul 28, 2016 07:52 am ET
Penske Automotive Reports Second Quarter Results
BLOOMFIELD HILLS, Mich., July 28, 2016 /PRNewswire/ --
Jul 27, 2016 08:48 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., July 27, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.28 per share for the second quarter of 2016. 
Jul 22, 2016 07:54 am ET
Penske Automotive Group Dealerships Named Best To Work For
BLOOMFIELD HILLS, Mich., July 22, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that thirteen of its dealerships have been named by Automotive News as among the Best 100 Dealerships to Work For 2016 in the United States. The award winning dealerships are:
Jul 06, 2016 05:32 pm ET
Penske Automotive Group To Host Second Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., July 6, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, will host its second quarter financial results conference call as follows:
May 11, 2016 05:25 pm ET
Penske Automotive Group Announces Pricing Of $500.0 Million Senior Subordinated Notes
BLOOMFIELD HILLS, Mich., May 11, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced the pricing of $500.0 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2026 (the "2026 Notes") at 5.5%.  The sale of the 2026 Notes, which is subject to customary closing conditions, is expected to be completed on May 25, 2016.
May 11, 2016 10:12 am ET
Penske Automotive Group Announces $500.0 Million Senior Subordinated Notes Offering
BLOOMFIELD HILLS, Mich., May 11, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that it intends to offer $500.0 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2026 (the "2026 Notes"), subject to market and other customary closing conditions, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). 
May 04, 2016 09:34 am ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., May 4, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.27 per share for the first quarter of 2016.  Penske Automotive Group President Robert H. Kurnick, Jr., said, "The increase in the dividend reflects the strength in the performance of the company's business in the first quarter and further demonstrates our commitment to return capital to PAG's shareholders."
Apr 26, 2016 07:57 am ET
Penske Automotive Reports Record First Quarter Results
BLOOMFIELD HILLS, Mich., April 26, 2016 /PRNewswire/ --
Apr 14, 2016 05:33 pm ET
Penske Automotive Group To Host First Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., April 14, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter financial results conference call as follows:
Apr 12, 2016 05:33 pm ET
Penske Automotive Group Acquires Harper Truck Centres
BLOOMFIELD HILLS, Mich., April 12, 2016 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that its Premier Truck Group subsidiary has completed the acquisition of Harper Truck Centres, a Freightliner, Western Star, Thomas Built Bus and Fuso commercial truck dealership group located in Ontario, Canada. 
Apr 11, 2016 05:33 pm ET
Penske Automotive Group Acquires Harper Truck Centres
BLOOMFIELD HILLS, Mich., April 11, 2016 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that its Premier Truck Group subsidiary has completed the acquisition of Harper Truck Centres, a Freightliner, Western Star, Thomas Built Bus and Fuso commercial truck dealership group located in Ontario, Canada. 
Apr 06, 2016 07:55 am ET
Penske Automotive Opens New Porsche Dealership
BLOOMFIELD HILLS, Mich., April 6, 2016 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today the grand opening of its newest dealership, Porsche West Broward, located at 4641 SW 148th Avenue, along the Interstate 75 auto corridor in Davie, Florida.  The new dealership represents PAG's eighth Porsche dealership in the United States and sixteenth worldwide.
Feb 11, 2016 06:55 am ET
Penske Automotive Reports Fourth Quarter Results
BLOOMFIELD HILLS, Mich., Feb. 11, 2016 /PRNewswire/ --
Jan 28, 2016 04:50 pm ET
Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
BLOOMFIELD HILLS, Mich., Jan. 28, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows:
Jan 28, 2016 04:32 pm ET
Penske Automotive Increases Dividend
BLOOMFIELD HILLS, Mich., Jan. 28, 2016 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.26 per share for the fourth quarter of 2015.  Penske Automotive Group President Robert H. Kurnick, Jr., said, "The increase in the dividend reinforces our commitment to PAG's shareholders while reflecting the confidence we have in our cash flows and the overall strength of our business."

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