The Latest Breaking News from PAG

Irrespective of macroeconomic headwinds, auto demand looks robust. Moreover, consumers are willing to pay more for used cars. Therefore, quality auto stocks Penske Automotive (PAG), AutoNation (AN), and Group 1 Automotive (GPI) could be ideal trading options. Keep reading….

Despite rising interest rates on auto loans and low supply, strong demand should keep the industry afloat even if the economy slips into a recession. Moreover, the integration of advanced technologies is expected to drive the industry’s long-term growth. Given the favorable prospects of the industry, fundamentally sound auto stocks…

Penske Automotive Group Inc (NYSE:PAG) U.K. subsidiary has acquired three Bayerische Motoren Werke AG (OTC:BMWYY) BMW MINI dealerships and a collision center in the U.K. The dealerships, located in South East England, north of London, complement the company's 32 BMW MINI franchises operated in the U.K. market.  Penske Automotive expects the acquisition to generate $250…

Despite the latest federal interest rate hikes, undervalued stocks with impressive financials are expected to deliver solid returns in the coming months. So, we think it could be wise to scoop up quality stocks Moderna (MRNA), Bayer (BAYRY), Henkel (HENKY), AGCO (AGCO), and Penske Automotive (PAG), which are currently trading…

  Penske Automotive Group (NYSE:PAG) reported its Q4 earnings results on Wednesday, February 9, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

The overflowing demand for both new and used cars amid significant production shortages has led to skyrocketing car prices. As this trend continues, it is wise to bet on fundamentally solid, yet cheap, auto dealership stocks, such as Penske Automotive (PAG), AutoNation (AN), and Group 1 Automotive (GPI).