Different franchise system, good manufacturer relations help Penske Auto Group’s European sales soar
By any measure, Penske Automotive Group Inc. had a good second quarter, including a 17.3 percent rise in operating income and a 7.5 percent rise in unit sales of new and used vehicles. One e... Read more
By Alysha Webb, Editor and Publisher Morrie Sage was a visionary. In the mid-1950s he became a minority holder in a Ford dealership in downtown Los Angeles. But Sage believed that, despite... Read more
By Alysha Webb, Editor and Publisher Publically-owned dealership groups are in the market this year if the franchise suits their strategic vision. While earnings are important, they aren’t e... Read more
