Tag Archives: Premier Truck Group

Penske Automotive Group Q3 2024 Net Income Drops

Posted on 30 October 2024 by Ken Zino

“I am pleased with our financial performance during the third quarter, despite the impact from the stop sale of certain vehicles and the residual impact from the CDK Cyber Security incident. New and used retail automotive gross profit per unit remained strong, retail automotive service and parts performed at record levels, the retail commercial truck business performed well, selling, general, and administrative expenses remained well controlled, and the equity income from Penske Transportation Solutions increased 14% sequentially despite continued freight challenges,” said Chair and CEO Roger Penske. Continue reading →

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Penske Automotive Group Buys Transolutions Truck Centers

Posted on 5 June 2023 by Ken Zino

“We are thrilled to expand our North American presence with the Freightliner, Western Star and Thomas Built Bus brands. For more than 30 years, Transolutions Truck Centers has built a strong legacy of providing quality service to customers across Manitoba,” said Premier Truck Group President Ron Long. Continue reading →

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