Penske automotive group reports quarterly results

Record first quarter revenue increases 2% to $7.6 billion same-store retail automotive revenue up 2%; same-store retail automotive gross profit up 3% same-store retail automotive service and parts revenue up 4% and related gross profit up 6% earnings before taxes and earnings per share increase 14% to $337 million and $3.66 adjusted earnings before taxes increases 5% to $310 million; adjusted earnings per share increases 6% to $3.39 bloomfield hills, mich. , april 30, 2025 /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 first quarter of 2025.
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