2018 Press Releases

Keyword Search
 
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | Archive
DateTitle 
04/10/2018Penske Automotive Group To Host First Quarter Earnings Conference Call
BLOOMFIELD HILLS, Mich., April 10, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter financial results conference call as follows: WHEN: Wednesday, April 25, 2018 TIME: 2:00 p.m. Eastern Daylight Time PHONE: United States, please call (800) 230-1074 International, please call (612) 234-9959 ... 
Printer Friendly Version
02/08/2018Penske Automotive Reports Record Fourth Quarter Results
Income From Continuing Operations of $330.0 Million and Earnings Per Share of $3.85, Including $243.4 Million Benefit Related to U.S. Tax Reform Adjusted Income From Continuing Operations Increases 11.9% to $86.6 Million Adjusted Earnings Per Share From Continuing Operations Increases 11.0% to $1.01 BLOOMFIELD HILLS, Mich., Feb. 8, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced record fourth quarter res... 
Printer Friendly Version
01/31/2018Penske Automotive Increases 401(k) Matching Contributions
Positive impact from tax reform to be shared with employees BLOOMFIELD HILLS, Mich., Jan. 31, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has enhanced the company's U.S. 401(k) savings plan by increasing company matching contributions from 1.5% to 2.5% of eligible contributions, representing an increase of 67%.  The increase will provide a recurring, annual benefit to our employees. "The recentl... 
Printer Friendly Version
01/30/2018Penske Automotive Increases Dividend
Shareholders to Receive $0.34 per Share BLOOMFIELD HILLS, Mich., Jan. 30, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.34 per share for the fourth quarter of 2017.  Penske Automotive Group President Robert H. Kurnick, Jr., said, "I am pleased to announce that our Board of Directors has increased the dividend for PAG's shareh... 
Printer Friendly Version
01/24/2018Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
BLOOMFIELD HILLS, Mich., Jan. 24, 2018 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows: WHEN: Thursday, February 8, 2018 TIME: 2:00 p.m. Eastern Standard Time PHONE: United States, please call (800) 230-1074 International, please call... 
Printer Friendly Version
01/19/2018Penske Automotive Named One Of FORTUNE Magazine's "World's Most Admired Companies"
BLOOMFIELD HILLS, Mich., Jan. 19, 2018 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has been named one of the World's Most Admired Companies in specialty retailing by FORTUNE magazine. The World's Most Admired Companies ranking and related information will appear in FORTUNE magazine's January 22nd issue. "Penske Automotive is honored to be recognized as an industry leader and one of the world's most respected ... 
Printer Friendly Version
01/03/2018Penske Automotive Expands Presence In The United Kingdom
Completes Acquisition of The Car People - A U.K. Used Vehicle Supermarket Group Expected Accretion of $0.05 to $0.07 per Share on Annualized Basis BLOOMFIELD HILLS, Mich., Jan. 3, 2018 /PRNewswire/ -- Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has completed the acquisition of The Car People (www.thecarpeople.co.uk), one of the U.K.'s leading retailers of used vehicles. The Car People retails high-quality used vehicles a... 
Printer Friendly Version