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Tag: Penske Automotive income

Industry Focus Areas, Logistics, Motorized Vehicle, Process

Penske Automotive’s Q2 net income falls 12%

July 30, 2019

Via: Automotive News

Penske Automotive Group Inc.’s second-quarter income fell as weak market conditions in the United Kingdom hurt new-vehicle sales and used-vehicle profits in that market. Net income for the nation’s second-largest dealership group dropped 12 percent to $118.5 million. Revenue dipped […]