Wednesday, February 10, 2021

Penske Q4 earnings rise; company doubles down on used-vehicle supercenters

Penske Q4 earnings rise; company doubles down on used-vehicle supercenters https://ift.tt/3tNy1a6

Penske Automotive Group Inc. hopes to have 40 used-vehicle supercenter locations by the end of 2023, up from 17 today, as it looks to as much as triple the unit's annual revenues.

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