BLOOMFIELD HILLS, Mich. -

Penske Automotive Group hosted their third-quarter conference call this week, outlining details on multiple company records. Penske posted its highest third quarter and nine-months income from continuing operations and earnings per share in company history.

The company had total retail unit sales of 104,963 (U.S. and international combined), a 10.2-percent year-over-year increase. And the used department was especially strong, increasing 11.6 percent year-over-year with 47,690 used retail unit sales.

Meanwhile, new-vehicle unit retail sales were up 9.2 percent with 57,273 cars sold. 

Moving over to gross profits, Penske indicated that gross profit per used vehicle retailed was $1,800 in Q3, down from $1,869 a year ago. 

Roger Penske, the group’s chairman, was pleased with the company’s record results.

“Our business delivered another strong quarter, including an 11.2-percent increase in same-store retail revenue,” Penske said. “Our results in the quarter were highlighted by another outstanding performance from our U.K. operations as our international diversification continues to complement our U.S. operations.”

Regarding the aforementioned records, Q3 income from continuing operations was $76.4 million, a 15.6-percent increase. Related earnings per share were $0.85, a 16.4-percent hike. For the nine-month period, income from continuing operations was $222.8 million, a 19.5-percent hike. EPS was from continuing operations was $2.46, a 19.4-percent uptick.