Quarterly revenue grew 6% to $8.5 billion with over 125,000 units delivered, while net income declined 2.3% year-over-year to $260.4 million. Service and parts margins improved, and recent acquisitions are expected to add $2 billion in annualized revenue.Original document: Penske Automotive Group…
Quarterly revenue grew 6% to $8.5 billion with over 125,000 units delivered, while net income declined 2.3% year-over-year to $260.4 million. Service and parts margins improved, and recent acquisitions are expected to add $2 billion in annualized revenue.
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