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Penske Sees Used Gross Decline

Penske Sees Used Gross Decline Featured

Penske Automotive Group Inc. announced record fourth quarter results.Among the results, Penske saw same-store used retail revenue increase 2.1 percent.Average gross profit per used unit declined $182 to $1,290. Gross margin declined to 4.9 percent.
Last modified on Thursday, 08 February 2018 17:16