Penske Automotive Group, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 7,447.8 million compared to USD 7,339 million a year ago. Net income was USD 215.2 million compared to USD 298.3 million a year ago.

Basic earnings per share from continuing operations was USD 3.21 compared to USD 4.31 a year ago.