Q4 sales

AutoNation announces Q4 profit record, expects market prices to drop

Jaelyn Campbell - February 20, 2023

As manufacturers increase volume and provide more incentives to price-conscious shoppers, AutoNation, one of the largest car dealership chains in the U.S., anticipates a reduction in new and used car...

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Penske Automotive revenue increased 11% in Q4, beating estimates

Jaelyn Campbell - February 9, 2023

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 increased new-vehicle sales which allowed them...

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Q4 sales

AutoNation announces Q4 profit record, expects market prices to drop

Penske Automotive revenue increased 11% in Q4, beating estimates

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