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PENSKE AUTOMOTIVE GROUP, INC. [PAG] reports annual net loss of $1.1 billion

PENSKE AUTOMOTIVE GROUP, INC. [PAG] reports annual net loss of $1.1 billion

Company Reports Revenue of $29.5 billion

By USInMinutes
Published - Mar 07, 2024, 04:40 AM ET
Last Updated - Mar 07, 2024, 04:41 AM EST

PENSKE AUTOMOTIVE GROUP, INC. [PAG] has reported a net loss of $1.1 billion for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $29.5 billion

Based in BLOOMFIELD HILLS, Michigan, PENSKE AUTOMOTIVE GROUP, INC. operates in the RETAIL sector.

In the annual reports for the periods ended December 31, 2023, December 31, 2022, and December 31, 2021, Penske Automotive Group reported the following financial results:

Total revenues for the year ended December 31, 2023, amounted to $29,527.4 million, compared to $27,814.8 million in the previous year and $25,554.7 million in the year before that.

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