Penske Automotive persevered through a challenging fourth quarter of 2025, and the company’s used-vehicle business was no exception. “Used-vehicle sales continue to be constrained by fewer lease returns and affordability,” said Rich Shearing, North American operations officer for Penske Automotive Group. Shearing made that comment during Penske’s fourth quarter 2025 earnings call last week. He […]

TO READ THE FULL STORY