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Penske News

News on Penske (Ticker: PAG) continually updated from thousands of sources around the net.

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Operations Manager

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Related Topix: Auto Dealers, Retail, Science / Technology, Microsoft Office

Fri Aug 22, 2014

Gizmag

BMW celebrates US launch of i8 sports plug-in with $825K one-off

BMW celebrated the US launch of its all-new i8 plug-in sports car in style this past weekend.

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Related Topix: Coupe, BMW i8, BMW, Auto Dealers, Retail, Gadgets

Thu Aug 21, 2014

Automotive News

Penske Media acquires Fairchild trade magazines from Conde Nast

Penske Media, the Los Angeles-based publishing company founded by automotive heir Jay Penske, is acquiring Fairchild Fashion Media's trade magazines from Conde Nast Publications.

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Related Topix: Auto Dealers, Retail, Media, Fox Filmed Entertainment

Tue Aug 19, 2014

Los Angeles Times

'Variety' owner Penske Media to acquire Fairchild Fashion

Jay Penske's media company is buying Fairchild Fashion Media, the owner of such fashion industry publications as Women's Wear Daily, Footwear News and Beauty Inc. Conde Nast, which currently owns Fairchild Fashion Media, said Tuesday that it wanted to sell its U.S.-based fashion trade brands to better focus on its flagship properties, including ... (more)

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Related Topix: Auto Dealers, Retail, Media, Fox Filmed Entertainment, Journalism, Los Angeles, CA, Entertainment

Autoblog

Recharge Wrap-up: Venturi to break electric world record, app shows where bike lanes are needed

Electric automaker Venturi hopes to post a new electric land speed record this week , despite Bonneville Speed Week being cancelled .

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Related Topix: Ohio State University, World News, Germany, BMW i8, BMW, Coupe, Auto Dealers, Retail, Thomas Keller, Carmel, CA

Thu Aug 14, 2014

Detroit Free Press

Tom Walsh: LaSorda adds Birmingham start-up space and money from Dr. Z

A few years ago, Tom LaSorda was a top executive steering Chrysler and its tens of thousands of employees on a harrowing survival journey, as control of the automaker lurched from Daimler to Cerberus then to the U.S. government and Fiat.

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Related Topix: Birmingham, MI, Auto Dealers, Retail, R L Polk, Advertising, Detroit, MI

Tue Aug 12, 2014

WJRT

Penske Opens First Truck Rental Location in Australia

Penske Commercial Vehicles, which operates the Brisbane Truck Centre, is a wholly-owned subsidiary of Penske Automotive Group and has exclusive distribution of MAN and Western Star Trucks in .

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Related Topix: Auto Dealers, Retail, Penske Automotive Group, United Auto Group

Thu Aug 07, 2014

MLive.com

SLIDESHOW: Updates from construction on Detroit's M1 Rail

Construction on Detroit's $137 million M1 Rail project began July 28 and is expected to be complet by late 2016.

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Related Topix: Auto Dealers, Retail

Wed Aug 06, 2014

Automotive News

Penske taking steps to improve F&I revenue

Penske Automotive Group Inc. lags its publicly traded dealership-group peers in finance and insurance revenue per vehicle retailed, largely because Penske dealerships lease vehicles at rates above the industry average.

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Related Topix: Auto Dealers, Retail, Penske Automotive Group, United Auto Group, Autonation, Asbury Automotive Group, Autos

Sun Aug 03, 2014

Crain's Detroit Business

Penske moves into Spain with JV, seeks to grow with U.S. acquisitions

Fresh off the heels of a joint venture in Barcelona, Spain, Penske Automotive Group Inc. will continue to expand with acquisitions in the U.S. and elsewhere.

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Related Topix: Auto Dealers, Retail, Spain, World News, Penske Automotive Group, United Auto Group, Bloomfield Hills, MI

Fri Aug 01, 2014

WJRT

Penske Truck Rental and uShip Team Up for Specialized Shipments

Penske customers can save up to 50 percent via PenskeTruckRental.com . uShip offers an easy, affordable online solution to moving these items by connecting movers with a network of over 300,000 customer-rated, expert carriers and brokers.

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Related Topix: Auto Dealers, Retail

Thu Jul 31, 2014

Automotive News

Group 1 leads peers in F&I revenue per vehicle; Penske trails again

Group 1 Automotive Inc.'s 120 U.S. dealerships had the highest average F&I revenue per vehicle retailed in the second quarter among the six publicly traded new-car groups.

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Related Topix: Auto Dealers, Retail, Penske Automotive Group, United Auto Group, Autos

Investor's Business Daily

Penske unit sales top 100,000

The new- and used-car dealership chain said that Q2 revenue grew 19% to $4.41 bil, topping estimates for $4.23 bil.

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Related Topix: Auto Dealers, Retail

Seeking Alpha

Penske Automotive Group's (PAG) CEO Roger Penske on Q2 2014 Results - Earnings Call Transcript

Good afternoon, ladies and gentlemen. Welcome to the Penske Automotive Group Second Quarter 2014 Earnings Conference Call.

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Related Topix: Auto Dealers, Retail, Penske Automotive Group

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