Tag Archives: Penske Automotive

Penske Automotive Group Q2 Sales Down as Economy Slows

Penske – in AutoInformed’s view – is a leading indicator of where the auto market is going in the US and UK. The decline in new auto sales with an increase in used auto sales could indicate that the economy – here and globally – is on the verge of a recession. Continue reading

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Penske Automotive Increases Dividend

“Our Board of Directors are pleased to offer our shareholders an increase in the quarterly dividend for the 30th consecutive quarter,” said Penske Automotive Group President Robert H. Kurnick, Jr. Continue reading

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