News

In addition to the next-generation F-650, Penske has introduced light-duty, medium-duty, and heavy-duty electric commercial vehicles to its fleet along with its own heavy-duty EV charging networks.
Penske Automotive Group PAG reported second-quarter 2025 adjusted earnings of $3.78 per share, which increased 4.7% year over year and beat the Zacks Consensus Estimate of $3.56. Better-than ...
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While most of Penske's revenue comes from automotive retail, the company also reported that pretax earnings from its commercial truck dealerships increased 14 percent and income from its ownership ...
Other noteworthy equity investments include about 50% ownership of various light-vehicle dealerships in Germany and Spain as well as a 28% stake in Penske Commercial Leasing Australia.
Penske has ordered more than 2,000 commercial semi-trucks from Freightliner, Volvo and Navistar with the new spec with 2018 model year units set to begin going into service as early as February.
PTS made up nearly all of Penske Automotive Group’s $494.2 million of equity income in 2022, and that year PTS paid Penske Automotive cash distributions totaling $357 million, up from $165.5 ...
It brings ‘entertainment’ to ‘Penske Entertainment.’ And it answers a lot of questions a lot of us had that were up in the ...
Penske extends its sincere condolences to the loved ones of those victims involved in this tragic accident." The vehicle was rented by a commercial trucking company, which reported the truck as ...
Penske Truck Leasing recently hosted the grand opening of a new location in New Stanton, Pa., at 209 East View Drive. Penske offers commercial… ...