FOR IMMEDIATE RELEASE PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS Retail Automotive Revenue Increased 3% Gross Margin of 16.7% Increased 40 Basis Points Sequentially Selling, General, & Administrative Expenses as a Percentage of Gross Profit Improved Sequentially By 30 Basis Points to 70.7% Profitability Impacted by Lower Equity Earnings from PTS and Higher Interest Expense BLOOMFIELD HILLS, MI, April 30, 2024 – Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation serv ...