Name | Value |
---|---|
Revenues | 7,468.5M |
Cost of Revenue | 6,195.5M |
Gross Profit | 1,273.0M |
Operating Expense | 892.2M |
Operating I/L | 380.8M |
Other Income/Expense | 19.5M |
Interest Income | 55.0M |
Pretax | 400.3M |
Income Tax Expense | 97.7M |
Net Income/Loss | 300.8M |
Penske Automotive Group, Inc. operates automotive and commercial truck dealerships under franchise agreements with various manufacturers. The company sells new and used vehicles, offers vehicle and collision repair services, and provides finance, lease contracts, and aftermarket products. It also runs heavy and medium duty truck dealerships, distributes diesel and gas engines, and power systems. With 320 retail automotive franchises and 37 commercial truck dealerships in the US, Canada, and internationally, Penske Automotive Group generates revenue through vehicle sales, repair services, finance and lease contracts, aftermarket product sales, and wholesale of parts.