Penske Automotive's Q2 net income falls 12%

Penske, of Bloomfield Hills, Mich., ranks No. 2 on Automotive News' list of the top 150 dealership groups based in the U.S., with retail sales of 236,000 new vehicles in 2018.

July 30, 2019 11:15 AM

Penske Automotive Group Inc.'s second-quarter income fell as weak market conditions in the United Kingdom hurt new-vehicle sales and used-vehicle profits in that market.

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