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Used Car Blues Hit Bottom Line, But Penske Speeds Ahead with Sales Growth - Penske Automotive Group (NYSE:PAG)

Penske Automotive Group Q4 FY23 performance, boasting $7.27 billion in sales, surpassing analyst projections. Despite hurdles in the used vehicle market, PAG delivers notable growth, including an 8% surge in retail automotive new units and a 7% rise in same-store service and parts gross profit. ....

Roger Penske , Penske Automotive Group Inc , Automotive Group Inc ,