News
PAG
147.48
-1.03%
-1.54
Paralyzed Veterans of America receives $1.17 million donation from Penske Automotive Group and celebrates 10th year of partnership
Paralyzed Veterans of America celebrates a decade-long partnership with long-time supporter Penske Automotive Group. The company donated $1.17 million in 2023 to support paralyzed veterans nationwide. The donation will directly benefit veterans with spinal cord injuries and illnesses. Over the last decade, Penske automotive group is responsible for nearly $10 million of donations to PVA.
PR Newswire · 11h ago
PENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL
Penske Automotive Group, Inc. Will release financial results for the first quarter ended March 31, 2024, on the morning of Tuesday, April 30, 2024. A conference call to discuss these results will be held later that day at 2:00 p.m. Eastern. The company is one of the world's premier automotive and commercial truck retailers.
PR Newswire · 2d ago
Group 1 Automotive: Rapid Growth And Cheap Shares Perfect Recipe For Success
Group 1 Automotive recently acquired 54 dealership locations in the UK, increasing its exposure in the country. The UK automotive market is rebounding and the company's acquisitions position it well for growth in the hot market. The company has experienced mixed results in recent years, but management is making big moves and further upside is expected.
Seeking Alpha · 2d ago
Auto Roundup: KMX's Weak Quarterly Results, TSLA's FSD Price Cut & More
NASDAQ · 3d ago
There's Been No Shortage Of Growth Recently For Penske Automotive Group's (NYSE:PAG) Returns On Capital
Penske Automotive Group has a growing return on capital employed of 14%. The company has increased its return on Capital Employed to 14% over the last five years. It is able to reinvest its earnings in its business to generate higher returns. The company's ROCE is the average for the Specialty Retail industry and is close to the industry average of 13%. Penske Autom automotive Group looks promising in regards to its returns.
Simply Wall St · 3d ago
Weekly Report: what happened at PAG last week (0408-0412)?
Weekly Report · 3d ago
PENSKE AUTOMOTIVE GROUP INC <PAG.N>: BOFA GLOBAL RESEARCH RAISES PRICE OBJECTIVE TO $180 FROM $175
Reuters · 04/10 13:57
Black Bear Value Partners Q1 2024 Letter
Black Bear Value Fund, LP returned +3.4% in March and +4.6% YTD. The Fund's top 5 holdings include the University of Connecticut basketball program. Black Bear Value Partners is a value investment partnership. The fund's CEO discusses what UConn has to do with Black Bear and the decision to sell a winner.
Seeking Alpha · 04/10 13:25
Penske Auto Price Target Raised to $180.00/Share From $175.00 by B of A Securities
Dow Jones · 04/10 12:13
Penske Auto Is Maintained at Buy by B of A Securities
Dow Jones · 04/10 12:13
B of A Securities Maintains Buy on Penske Automotive Group, Raises Price Target to $180
Benzinga · 04/10 12:03
Consumer Sector Update for 04/09/2024: NCLH, HGV, PAG, XLP, XLY
NASDAQ · 04/09 13:12
Penske (PAG) Signs Deal to Acquire 3 Dealerships in Australia
NASDAQ · 04/09 11:49
Penske Automotive to Expand Retail Into Australia
Penske Automotive Group plans to expand retail operations into Australia with the acquisition of three dealerships. All the dealerships are located in the Melbourne, Australia, area. The acquisition is expected to close in the second quarter. Penske in December said it would expand its presence in the UK.
Dow Jones · 04/08 20:39
Penske Automotive to expand presence in Australia through Porsche and Ducati dealership
Penske Automotive to expand presence in Australia through Porsche and Ducati dealership in Melbourne, Australia. The company has signed an agreement to acquire two Porsche dealerships along with a Ducati motorcycle dealership in Australia. Penske Autom automotive group intends to expand its retail automotive operations into Australia.
Seeking Alpha · 04/08 20:35
Penske Automotive Group To Expand Retail Automotive Presence Into Melbourne, Australia By Acquiring Two Porsche Dealerships Along With A Ducati Motorcycle Dealership; Financial Terms Not Disclosed, Acquisition Is Expected To Close In Q2 2024
Penske Automotive Group, Inc. Intends to acquire two Porsche dealerships and a Ducati motorcycle dealership in Melbourne, Australia. The acquisition is expected to close in the second quarter of 2024. The company is one of the world's premier automotive and commercial truck retailers.
Benzinga · 04/08 20:18
*Penske Auto: Acquisitions Expand Retail Automotive Presence Into Australia >PAG
Dow Jones · 04/08 20:17
*Penske Auto Acquires Two Porsche Dealerships, One Ducati Motorcycle Dealership in Melbourne >PAG
Dow Jones · 04/08 20:16
PENSKE AUTOMOTIVE GROUP INC - SIGNED AN AGREEMENT TO ACQUIRE PORSCHE CENTRE BRIGHTON, PORSCHE CENTRE DONCASTER AND DUCATI MELBOURNE WEST
Reuters · 04/08 20:15
Press Release: PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA
Penske Automotive Group, Inc. Intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships and a Ducati motorcycle dealership in Melbourne, Australia. The acquisition is expected to close in the second quarter of 2024. The company is one of the world's premier automotive and commercial truck retailers.
Dow Jones · 04/08 20:15
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About PAG
Penske Automotive Group, Inc. is a diversified international transportation services company. The Company is also engaged in automotive and commercial truck retailing. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and retailers of commercial trucks in North America for freightliner. The Company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck segment consists of its retail commercial truck dealership operations in the United States and Canada. The Other segment consists of its commercial vehicle and power system distribution operations. The Non-Automotive Investments segment consists of its equity method investments in non-automotive operations, which includes its investment in Penske Transportation Solutions (PTS) and various other investments.