A new online auction platform will allow users to easily find and bid on a wide selection of Penske used trucks. SelecTrucks is offering buyers some extra confidence during their first few months ...

Commercial truck sales may be slow again in 2025, with most business due to replacing old trucks rather than growing fleet sizes. Penske has even reduced fleet size a bit in the truck leasing ...

Earnings Call Insights: Penske Automotive Group (NYSE ... Replacement demand is expected to drive Class 8 commercial truck sales in 2025, with potential for higher retail sales in 2026 as emission ...

Penske Automotive Group receives over 90% of its light-vehicle dealer revenue from import and luxury brands. This percentage is significantly higher than many dealers and helps mitigate the ...