Penske automotive group reports quarterly results

Revenue increases 3% to $7.7 billion, a quarterly record record retail automotive service and parts revenue of $753 million, up 10% earnings before taxes of $326 million and earnings per share of $3.61 sequential improvement in earnings before taxes and earnings per share of 10% and 12%, respectively, from first quarter of 2024 bloomfield hills, mich. , july 31, 2024 /prnewswire/ -- penske automotive group, inc. (nyse: pag), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced quarterly results for the second quarter of 2024.
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