Penske Automotive’s fourth-quarter retail sales of new vehicles dropped 0.3 percent to 59,573, while revenue per new vehicle retailed fell 3 percent to $37,604. The average gross profit per new car fell 2.8 percent to $2,966.
DETROIT — Penske Automotive Group...
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Tuesday, February 7, 2017
Penske Automotive Q4 net jumps 16%, as revenue slips
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