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 | | Investor Relations
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Penske Automotive Group, Inc. is located in Bloomfield Hills, Michigan. As of January 18, 2012, we owned and operated 335 retail automotive franchises, representing approximately 42 vehicle brands and 29 collision repair centers. Penske Automotive, which sells new and previously owned vehicles, finance and insurance products and replacement parts, and offers maintenance and repair services on all brands it represents, had 166 franchises in 17 states and Puerto Rico and 169 franchises located outside the United States, primarily in the United Kingdom. Penske Automotive is a member of the Fortune 500 and Russell 2000 and has approximately 15,000 employees.
We are the second largest publicly traded automotive retailer in the United States, as measured by total revenue. We offer a full range of vehicle brands, with approximately 95% of our revenues in 2010 generated from the combined sales of non-U.S. based manufacturers.
Please refer to our filings with the Securities and Exchange Commission for further information.
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| Date | Title | | | 04/25/2012 | Penske Automotive Reports Record First Quarter Results|
Total Retail Unit Sales Increase 18.1%
Revenues Increase 17.9% to $3.2 Billion
Same-store Retail Revenue Increases 7.5%
Income from Continuing Operations Increases 37.3% to $50.0 Million
EPS from Continuing Operations Increases 41.0% to $0.55
BLOOMFIELD HILLS, Mich., Apr 25, 2012 (BUSINESS WIRE) --Penske
Automotive Group, Inc. (NYSE:PAG), an... |
|  | | 04/19/2012 | Penske Automotive Declares Dividend| Increases Dividend 10% to $0.11 per Share
BLOOMFIELD HILLS, Mich., Apr 19, 2012 (BUSINESS WIRE) --Penske Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, today announced that its Board of Directors has approved a 10%
increase in the Company's dividend to $0.11 per share. The dividend is
payable on June 1, 2012, to shareholders of record on May 10, 2012.
President Rob Kurnick said, "Over the last twelve months the Board of
Dire... |
| | | 03/28/2012 | Penske Automotive Group to Host First Quarter Earnings Conference Call| BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Mar. 28, 2012--
Penske Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, will host its first quarter financial results conference call
as follows:
WHEN:
Wednesday, April 25, 2012
TIME:
... |
| | | 03/20/2012 | Penske Automotive to Expand International Presence|
Establishes Joint Venture with Dealer Group in Bologna, Italy
Joint Venture Acquires BMW/MINI Dealership in Monza, Italy
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Mar. 20, 2012--
Penske Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, has formed a joint venture with Andrea Mantellini (and
family), operator of a BMW/MINI dealer group located in Bologna, Italy.
The newly formed joint venture intends to acquire an... |
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