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Penske Automotive

Penske Automotive revenue increased 11% in Q4, beating estimates

Penske Automotive Group's fourth-quarter net income fell due to lower average gross profits for new and used cars sold. The losses from currency exchange...

Penske Automotive reports its most profitable quarter to date

Penske Automotive Group has reported its quarterly earnings for Q2 2022. According to a recent press release, Penske produced an all-time record for earnings...
Cox Automotive

Cox Automotive and Penske jointly develop automated vehicle retailing platform for...

Penske Automotive Group and Cox Automotive have debuted an industry-first automated digital retailing platform for vehicle sales. Joining us today to discuss this development,...
auto industry

CBT Automotive Newscast: August 14, 2020

Today's Featured Interview: Prime Automotive CEO Todd Skelton on How Business Has Changed in the Last 6 Months Prime Automotive Group was growing tremendously before the...

CBT Automotive Newscast: July 30, 2020

Today's Featured Interview: Dealers Focus on Efficiency as COVID-19 Exposes Areas for Improvement COVID-19 has created a new standard of efficiency required for dealerships. Dealers have...
automotive newscast

CBT Automotive Newscast: July 20, 2020

Today's Featured Interview: The right message goes a long way with consumers. Bobby Sight, operations director at Rob Sight Ford, knew that the messaging behind...