PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF ADDITIONAL PORSCHE DEALERSHIP IN MELBOURNE, AUSTRALIA [Yahoo! Finance]
Penske Automotive Group, Inc. (PAG)
Last penske automotive group, inc. earnings: 2/5 06:59 am
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Source: Yahoo! Finance
BLOOMFIELD HILLS, Mich. Dec. 2, 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 with operations across four continents and nine countries, has completed the acquisition of Porsche Centre Melbourne, located in Melbourne, Australia , from Porsche Retail Group Australia Pty Ltd. Porsche Centre Melbourne represents the Company's 25 th Porsche dealership worldwide. The acquisition is expected to add $130 million in estimated annualized revenue, bringing the estimated annualized revenue for the Company's three Porsche Dealerships in Melbourne to $260 million Commenting on the acquisition, Penske Automotive Group Head of International Operations Randall Seymore said, "We are honored to be part of the Porsche legacy in Melbourne . Our partnership with Porsche in Melbourne is focused on providing exceptional service and innovative retail experi
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PAG
News
- Penske Automotive Group, Inc. (NYSE: PAG) is now covered by analysts at Benchmark Co.. They set a "buy" rating on the stock.MarketBeat
- PENSKE AUTOMOTIVE GROUP COMPLETES ACQUISITION OF ADDITIONAL PORSCHE DEALERSHIP IN MELBOURNE, AUSTRALIAPR Newswire
- Penske (PAG) Up 9.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- CUPRA eyes US market entry by 2030 [Yahoo! Finance]Yahoo! Finance
- Penske Could Bring Spain's Cupra Brand To The U.S. [Forbes]Forbes
PAG
Earnings
- 10/29/24 - Miss
PAG
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- PAG's page on the SEC website