Roger Penske gets 2012 Keith Crain/Automotive News Lifetime Achievement Award
Roger Penske was presented the 2012 Keith Crain/Automotive News Lifetime Achievement Award for his contributions to the auto industry. Doing the awarding honours were General Motors North... Read more
Penske Automotive looking for new acquisitions
Penske Automotive Group Inc. CEO Roger Penske recently told analysts that the company is being "opportunistic" about adding franchises but maintaining "strict financial discipline." The... Read more
Penske Automotive’s 4Q 2010 profit is 53% higher than previous year
For the fourth quarter of 2010, Penske Automotive Group Inc. posted a 53% increase in profit, surpassing analysts' estimates. Penske, the nation's second-biggest dealership group, said... Read more
Penske acquiers Audi, Porsche dealerships in the Cleveland metropolitan area
The United States ' second-largest dealership group, Penske Automotive Group Inc., has acquired Audi and Porsche dealerships in the Cleveland metropolitan area. Penske didn’t disclose the... Read more
Hyundai dealerships in U.S. are on track to expand market share even further
John Patterson has been operating a Hyundai dealership in Tustin, Calif., only since March 2010, but he has already managed to quadruple the store's average monthly new car sales to 85... Read more
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