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In Tuesday trading, Penske Automotive Group Inc shares are currently trading flat on the day.
FORBES: Ex-Div Reminder for Penske Automotive Group
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Last week, Jones Apparel Group ( JNY) and Penske Automotive Group ( PAG) both canceled plans to sell bonds.
FORBES: New Turbulence In Credit Markets
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Penske Automotive Group ( PAG) continues to deliver positive earnings surprises thanks to commendable performances in the U.S. and in overseas markets, as well as its fruitful diversification strategies.
FORBES: Penske Automotive Group Sees Double-Digit Unit Sales Growth
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This little plug-in electric car sure has come a long way, just as the company has since parent Mercedes-Benz took over management from Penske Automotive Group in spring 2011.
FORBES: Test Drive: Smart Fortwo Electric Drive Is Much Better Than The Gas Version
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For the purpose of American buyers and readers, it was the Penske Automotive group that brought the Smart Fortwo to market in 2007 and began the process of leasing 100 electric-drive train Smart fortwo cars in 2011.
FORBES: Smart Fortwo Electric Drive Is On Time
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Yet Wall Street remains unimpressed, wrongly so, obviously as none of the major analysts rate AutoNation a buy, which is about twice the size of its nearest competitors among them Penske Automotive (PAG), Sonic automotive (SAH), and Acacia Automotive (ACCA).
FORBES: Even As Wall Street Ignores It, Largest U.S. Auto Retailer's Stock Keeps Bumping Higher