Tag: Penske Automotive Group

According to analysts, AutoNation and Sonic Automotive are expected to be the most affected by the recent CDK Global outage in their second-quarter earnings....

On July 15, Penske Automotive Group acquired Bill Brown Ford in Livonia, Michigan, the world's largest sales volume Ford dealership. This acquisition is expected...

Penske Automotive Group, a prominent player in the automotive retail industry, recently reported a significant 28% decline in net income for the first quarter....

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

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,...

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...

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...

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...