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Penske Automotive Group, a prominent player in automotive retail, recently reported a significant 28% decline in net income for Q1.

Penske Automotive faces challenges in Q1 with 28% drop in net...

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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

Penske Automotive revenue increased 11% in Q4, beating estimates

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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

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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...

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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

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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...
GM

CBT Automotive Newscast: July 30, 2020

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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

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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...