Penske Automotive Group is an international transportation services company, operating retail automotive dealerships, Hertz car rental franchises and commercial vehicle distribution. The company currently operates principally in the United States, Western Europe, Australia and New Zealand, employs approximately 17,000 people worldwide and is a member of the Fortune 500 and Russell 2000.
Please refer to our filings with the Securities and Exchange commission for further information.
|03/13/2014||Penske Automotive Acquires BMW Of Greenwich|
|Expands Presence in Key Strategic Market Area in the Northeast U.S.
BLOOMFIELD HILLS, Mich., March 13, 2014 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, announced today that it has acquired BMW of Greenwich located in Greenwich, Connecticut. The company estimates the new BMW dealership will generate approximately $190 million in revenue on an annualized basis.
(LOGO: http://photos.prnewswire.com/prnvar/20130530... |
|02/28/2014||Penske Automotive To Expand Presence In South Florida|
|Awarded an Open Point from Porsche Cars North America
BLOOMFIELD HILLS, Mich., Feb. 28, 2014 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, has signed a letter of intent with Porsche Cars North America to construct a new Porsche dealership in Broward County. This new dealership will represent the company's seventh (7th) Porsche dealership in the United States and fifteenth (15th) worldwide.
(Logo: http://photos.prnewswire.c... |
|02/13/2014||Penske Automotive Reports Record Fourth Quarter and Full Year 2013 Results|
|BLOOMFIELD HILLS, Mich., Feb. 13, 2014 /PRNewswire/ --
Fourth Quarter 2013
Twelve Months 2013
Revenue Increases 15.0% to $3.9 Billion
Revenue Increases 12.4% to $14.7 Billion
Same-store Retail Revenue Increases 12.4%
Same-store Retail Revenue Increases 10.9%
Income from Continuing Operations Increases 19.3% to $61.7 M... |
|01/28/2014||Penske Automotive Increases Dividend to $0.18 Per Share|
|BLOOMFIELD HILLS, Mich., Jan. 28, 2014 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), an international transportation services company, today announced that its Board of Directors has approved a cash dividend of $0.18 per share for the fourth quarter of 2013. The dividend is payable on March 3, 2014, to shareholders of record on February 10, 2014.
Penske Automotive Group President Robert H. Kurnick, Jr., said, "Our ... |
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