penske automotive group inc. Resources | BNET
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Penske Automotive Group Inc. (PAG) is in the Auto Industry

Revenue
Dec 31 2007
$12.9B
Profit
Dec 31 2007
$127.7M
Market Cap
Oct 13 2008
$786.3M

Latest News and Analysis

Additional Resources

  • Penske Truck Rental Opens Temporary Facility to Help Homeowners

    GALVESTON, Texas, Sept. 26 /PRNewswire/ -- Today, Penske Truck Rental opened a temporary facility on Tiki Island off Interstate 45 located at 101 Tiki Drive to provide much-needed trucks for homeowners impacted by the recent hurricane. Penske is offering consumers a special 10 percent discount on one-way and local...

    Articles 2008-09-26

  • Zacks Analyst Blog Highlights: drugstore.com, Intuit, Inc., Moody's Corp., Penske Automotive Group and ArvinMeritor Inc

    CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: drugstore.com (Nasdaq: DSCM), Intuit, Inc. (Nasdaq: INTU), Moody's Corp. (NYSE: MCO),...

    Articles 2008-08-05

  • US Smart car distributor hikes sales estimates

    DETROIT, Michigan AFP — The US distributor of the tiny Smart car hiked its 2008 sales estimate for the small vehicle Wednesday as US automakers reel from a sharp sales drop in big gasoline-guzzling trucks. Roger Penske, chairman of the Penske Automotive Group of Bloomfield Hills, Michigan, Smart's...

    Articles 2008-07-30

  • Penske Automotive Reports Second Quarter Results

    Income from Continuing Operations Increases to $40.5 Million Related Earnings Per Share Increases to $0.43 BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. (NYSE: PAG), an international automotive retailer, today reported that second quarter income from continuing operations increased 1.2% to $40.5 million. Related earnings per...

    Articles 2008-07-30

  • PAG Acquires 9% of Penske Truck Leasing for $219 Million; Expected Accretion to 2008 Earnings; Operational Synergies

    Acquires BMW Dealership in San Mateo, CA $125 Million of Estimated Annual Revenues Schedules Conference Call to Discuss Investments BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. (NYSE: PAG), an international automotive retailer, announced today that it has acquired a 9%...

    Articles 2008-07-01

  • smart USA Delivers 10,000th smart fortwo in the United States

    Innovative Vehicle Reaches Significant Sales Milestone in Less Than Six Months BLOOMFIELD HILLS, Mich. -- smart USA Distributor LLC, a subsidiary of Penske Automotive Group, Inc., (NYSE: PAG), delivered the 10,000th smart fortwo at smart center Bloomington, in Bloomington, Minnesota. This sales milestone was accomplished...

    Articles 2008-06-24

  • Sharp Healthcare Foundation: Bill Littlejohn, CEO and senior vice president

    ORGANIZATION Mission of organization: Philanthropic support of Sharp HealthCare. Telephone: (858) 499-4826. Web site: sharp.com/foundation. Founded: 1946. Milestone: Achieved goal of $50 million campaign, "Transforming Health Care in San Diego." Annual income: $12 million. Expense allocation:...

    Articles 2008-06-09

  • Penske Automotive Group to Host Second Quarter Earnings Conference Call

    BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, will host its second quarter financial results conference call as follows: WHEN:

    Articles 2008-06-04

  • smart fortwo Receives Highest Front and Side Ratings From Insurance Institute for Highway Safety

    BLOOMFIELD HILLS, Mich. -- smart USA Distributor LLC, a subsidiary of Penske Automotive Group, Inc., (NYSE: PAG), announced today that the U.S. model of the 2008 smart fortwo earned the highest front and side crashworthiness ratings from the Insurance Institute for Highway Safety IIHS. "This is important news...

    Articles 2008-05-14

  • Auto News digest.(Briefs)(Mascoma Corp.)(Financial report)

    Penske earnings rise in 1st quarter DETROIT - Penske Automotive Group offset a downturn in new-vehicles sales with a boost in its used-car business, the dealership group said Tuesday, April 29. Penske reported net income of $33.9 million on revenue...

    Articles 2008-05-05

  • Penske Automotive Announces Quarterly Dividend

    BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.09 per share payable on June 2, 2008, to shareholders of record on May 12, 2008. Penske Automotive Group, Inc., headquartered in...

    Articles 2008-05-01

  • Michigan gets smart

    Since the smart fortwo hit the streets in October 1998, hundreds of thousands of environmentally conscious car buyers in 36 countries have made it their own. In January 2008, U.S. car buyers also had the opportunity to purchase a smart fortwo. Not only is driving a smart fortwo environmentally friendly,...

    Articles 2008-05-01

  • Penske Automotive Reports First Quarter Results

    Revenues Rise 4% to $3.2 Billion Income from Continuing Operations of $33.8 Million; 17% Increase Versus Adjusted Q1 '07 Earnings Per Share from Continuing Operations of $0.36; 16% Increase Versus Adjusted Q1 '07 BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. (NYSE: PAG), an...

    Articles 2008-04-29

  • U.S. economic woes hurt shareholder values.(News)

    Byline: Lindsay Chappell The troubled U.S. economy is punishing automakers, suppliers and dealership groups, and their investors are sharing the pain. Plunging consumer confidence, declining vehicle sales and the sagging U.S. dollar took their toll on shareholder...

    Articles 2008-04-21

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  • Incorporated: 1990
  • CEO: Mr. Roger S. Penske

Penske Automotive Group is engaged as a retailer of both new and used motor vehicles and related products and services, including vehicle service, parts, collision repair, finance and lease contracts, third-party insurance products and other aftermarket products. At Feb 1 2008, Co. owned and operated 170 franchises in the U.S. and 145 franchises internationally, mainly in the U.K. Co. operates through two business segments: Retail, which includes its automotive dealerships, regardless of geography, and includes all departments relevant to the operation of the dealerships; and Distribution, which includes the distribution of smart vehicles, parts and accessories in the U.S. and Puerto Rico.

Key Competitors

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Penske Automotive Group Inc. Company Info

Board of Directors

Mr. Roger S. Penske

Chairman

Mr. Richard J. Peters

Mr. Ronald G. Steinhart

Mr. H. Brian Thompson

Mr. Robert H. Kurnick Jr.

Vice-Chairman

Mr. John D. Barr

Mr. Michael R. Eisenson

Mr. Hiroshi Ishikawa

Mr. William J. Lovejoy

Ms. Kimberly J. McWaters

Mr. Eustace W. Mita

Mr. Lucio A. Noto

Contact Information

2555 Telegraph Road

Bloomfield Hills, MI

http://www.penskeautomotive.com

248 648-2500

NAICS Code

New Car Dealers: 441110
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