PAG

In November 2025, Penske Automotive Group acquired Penske Motor Group. In February 2026, the company reported a decrease in revenue and net income for 2025, increased its quarterly dividend, and acquired two Lexus dealerships. In April 2026, Penske Automotive Group announced its first-quarter 2026 financial results, which surpassed analyst expectations, despite a slight year-over-year decline in revenue and net earnings. Retail sales volumes for new cars and commercial trucks decreased by 5% in Q1 2026, partly due to weather disruptions in the U.S. and lower demand for electric vehicles. The company repurchased shares and increased debt in Q1 2026. The stock has shown positive returns, and analyst price targets indicate a bullish consensus.