-
Recent Posts
- DOE Loan Programs Office – $1B to Evgo for Charging Points
- Yawn or Yikes? Hyundai, Waymo Link on Autonomous SUVs
- IONNA Breaks Ground on So-Called Rechargery for EVs
- U.S. Vehicles Sales Drop as Consumers Wait for Discounts
- NHTSA Issues Park Outside Consumer Alert for Jeep Fires
- Nissan Group U.S. Q3 Sales Off 2.2% with Varying Results
- American Honda September Sales Drop 9%
- Toyota Motor North America September Sales off 20%
- GM Posts Modest U.S. Sales increase for Q3 2024
- Mattias Ekström Joins Ford Performance for 2025 Dakar Rally
- Plug-in Hybrid Jeeps Recalled for Battery Fire Risks
- Mercedes-Benz USA Software Recall for Sudden Stalling
- Mazda Recalls 2016 – 2023 Miata Sports Cars for Bad Airbags
- Beleaguered Stellantis Cuts 2024 Financial Guidance
- Loyalty Keeps Vehicle Buyers Out of Market Amidst Shortages
Recent Comments
- IONNA Breaks Ground on So-Called Rechargery for EVs | AutoInformed on Toyota Joins IONNA EV Charging Network in North America
- Beleaguered Stellantis Cuts 2024 Financial Guidance | AutoInformed on Stellantis Tanks in First Half of 2024 – Net Profit -48%
- Toyota on Plug-in Name Changes on Prius Prime Changes its Name to Prius Plug-in Hybrid for 2025
- C’est Fou – Chinese EVs Will Be at 2024 Paris Motor Show | AutoInformed on Stellantis Holds Media Drive for Chinese Leapmotor EVs
- International Brotherhood of Teamsters on Teamsters to Honor Picket Lines of 50,000 UAW GM Workers
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Penske Automotive Ups Dividend, Will Buyback More Shares
“Based on the strength of the Company’s performance and continued strong cash flow, we are pleased to provide our shareholders with an increase in the cash dividend, and we remain poised to return value to shareholders through additional securities repurchase authority as market conditions and other considerations warrant,” said Penske Automotive Group President, Robert Kurnick, Jr. Continue reading →