Higher rent and a less lucrative mix of profitable financing commissions can cause Penske to incur more SG&A expenses as a percentage of gross profit than peers. However, when rent expense is excluded ...

Penske Automotive beat Q2 earnings estimates but missed on revenue, while gross margins and service profits hit record highs.

Penske’s retail commercial truck business saw a 2% increase in unit sales and a 6% rise in revenue to $943.6 million. The company’s investment in Penske Transportation Solutions contributed $53.5 ...

The crew chief extraordinaire reflects on challenges he overcame and lessons he learned over a lifetime of racing.

To remove any doubts ahead of the 2026/27 silly season is arguably Triple Eight’s biggest victory of the season ...

The Lehigh football team is back on campus to open preseason camp. With the season-opener for defending Patriot League ...

Michelle Hulgrave, EVP & CFO, reported, "For the 6 months ended June 30, 2025, we generated $472 million in cash flow from operations and EBITDA was $800 million. On a trailing 12-month basis, EBITDA ...

The Team Penske curse may have moved from the IndyCar team to NASCAR. Will Power and Ryan Blaney finish seventh in their ...