BLOOMFIELD HILLS, Mich. –

In addition to announcing record profits on Wednesday, Penske Automotive Group said it increased its worldwide used-car sales by more than 10 percent in the second quarter, with its year-to-date sum now ahead by more than 12 percent over year-ago figures.

Penske sold 45,912 used retail units worldwide in Q2, a 10.4-percent increase in global used sales. Same-store used retail sales were up 6.2 percent at 44,121 units. 

Through the first half of the year, Penske has sold 91,282 used retail units (up 12.6 percent) and its same-store tally came in at 87,744 (up 9.1 percent). 

Gross profit per used vehicle retailed in Q2 was at $1,966, a 2.6-percent increase. Through six months, gross profits per used vehicle retailed is at $1,942, a 0.3-percent hike. 

“Our business delivered another outstanding quarter, achieving over 20 percent growth in revenues, income from continuing operations and related earnings per share,” said company chairman Roger Penske. “I am particularly pleased with another quarter of double-digit, same-store retail revenue growth, further highlighting the benefit of our company’s brand mix and geographic diversification. We remain confident in the strength of the auto retail market and our ability to continue growing the overall business.”