Jay Penske officially got into the media business in 2004. His deep reverence for stories and art with long-term resonance ...

Penske cannot get as much finance business—a 100% gross margin business—as its peers because more of its customers lease vehicles or pay cash. The firm leases nearly all its real estate ...

The real profit center in the auto dealership business is service and parts, however. It was also a big source of growth for Penske, as car repairs are getting more expensive due to more ...

Two-time IndyCar champion Will Power enters a contract year after more than a decade with Team Penske. Here's how president ...

Penske Automotive Group, Inc. (NYSE:PAG – Get Free Report) shares traded down 1.6% during trading on Friday following insider selling activity. The company traded as low as $143.03 and last traded at ...

Moody’s has affirmed its debt rating for Penske Truck Leasing, a key supplier of trucking rentals. The post Penske Truck ...

Penske Automotive Group delivered robust financial ... the company remains focused on leveraging its diversified business model, operational efficiencies, and acquisitions to sustain growth ...

BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — Penske Automotive Group Inc. (PAG) on Thursday reported fourth-quarter profit of $236.4 million. On a per-share basis, the ...