Our Strategy

Expand Digitally

Expand Digitally

We are focused on executing a comprehensive omnichannel digital strategy with emphasis on customization, personalization, and creating a connection with our customers. We endeavor to build and optimize our presence across all digital platforms and deliver a seamless, convenient, and transparent experience that gives customers the ability to purchase, sell or schedule service for their vehicles on their terms.

Diversification

Diversification

Penske Automotive Group has operations across four continents and nine countries.

We benefit from a diversified revenue and gross profit mix in our automotive retail and commercial truck dealerships (new vehicles, used vehicles, finance and insurance, service and parts), our joint venture investments and a 28.9% ownership of Penske Transportation Solutions.

Outstanding Brands,
Premium Facilities

Outstanding Brands

We offer outstanding brands and invest in premium facilities which we believe will result in superior customer service and repeat and referral business.

Customer Satisfaction

Outstanding Brands

Maintaining high levels of superior customer service is key to our business model. We strive to deliver a positive, valuable experience at every touchpoint to ensure the highest level of customer satisfaction. By offering outstanding brands in premium facilities, “one-stop” shopping convenience in our aggregated facilities, and a well-trained and knowledgeable staff, we aim to forge lasting relationships with our customers throughout their entire ownership journey.

Focus on Growth

Focus on Growth

We operate in the highly fragmented automotive retail and commercial truck dealership markets and believe there are attractive opportunities to grow our business, both organically and through acquisition.

Human Capital

Focus on Growth

Our team members are our greatest asset and an integral component of our growth and valuation creation strategy. We understand that exceptional customer service can only be consistently delivered by attracting, motivating, training and retaining the very best team members and helps to foster long-term growth for our business.

Return Value
To Shareholders

Focus on Growth

We strive to return value to shareholders through a combination cash dividends and securities repurchases.


Mission

Deliver excellence to our customers, value to our stakeholders, and opportunity to our team members everywhere we operate

Vision

Be the best growth-oriented international, diversified transportation services company everywhere we operate

Values

Exceed

Provide a superior customer experience that exceeds expectations and establishes trust and loyalty through honesty, transparency, and accountability.

Excel

Deliver long-term value for our stakeholders through continuous improvement, organic growth, and strategic acquisitions.

Encourage

Provide opportunities for team members to succeed in our organization by cultivating talent, rewarding achievement, and maintaining the highest standards of respect for each other.

Q3 2023 Key Performance Metrics

122,764

car

New & Used Units
Delivered

$7.4 Bil

revenue icon

Total
Revenue

$263.4 Mil

dollar

Income From
Continuing Operations

$3.92

earnings icon

Earnings Per
Share

9M 2023 Key Performance Metrics

369,074

car

New & Used Units
Delivered

$22.3 Bil

revenue icon

Total
Revenue

$862.5 Mil

dollar

Income From
Continuing Operations

$12.64

earnings icon

Earnings Per
Share

Financial Snapshot

Period Ending June 30, 2023
($ in Millions, except for EPS) Q3 9M
Revenue 7.4 Bil 22.3 Bil
Earnings Before Income Taxes $365.5 $1,163.7
Income From Continuing Operations $263.4 $862.5
Earnings Per Share $3.92 $12.64