But the industry's vehicle shortage and increased competition to source used cars has disrupted Penske's ability to reach those goals. CarShop vehicle sales of 110,000 may be more realistic for ...

Roger Penske shared some good news about Penske Automotive Group’s used-only chain, CarShop, during the company’s fourth quarter and full-year 2022 earnings call last week. He noted that ...

Penske Automotive Group has sealed the deal on its CarShop acquisition. The dealer group said in a news release Thursday it has completed its purchase of the U.K. used-car retailer. Penske expects ...

CHICAGO — Penske Automotive Group Inc. is realizing when to pivot on certain strategies. Take its standalone used-car business CarShop, for instance. Keeping pace in an ever-evolving market ...

Includes reviews of Penske Honda from DealerRater. Want to share your experience with this dealership? Very customer focused and mindful of the customers wants and needs. I would definitely buy ...