Improving CarShop sales & profit a bright spot in Penske Q1 results
Image courtesy of Penske Automotive Group, Inc.
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Alysha Webb, Correspondent
Penske Automotive Group’s CarShop used-only retail stores saw sequentially improving sales and margins in the first quarter of 2024 as it recovered from somewhat dismal full-year 2023 used-vehicle results.
“We’ve seen CarShop really make a big step forward in margin in the U.S. as we’ve been able to ...
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