July 18, 2018 - Industry News
Penske said today it intends to integrate electronic document management to improve workflow and efficiency and install the Reynolds docuPAD system in F&I departments across more than 120 Penske dealerships.
Tags: docuPAD, eWorkflow, F&I process, Penske Automotive Group, Reynolds & Reynolds
April 13, 2016 - Industry News
Penske's Premier Truck Group subsidiary has completed its acquisition of Harper Truck Centres' five commercial truck dealerships in Toronto. The acquired stores are expected to generate approximately $130 million in annualized revenue for Penske Automotive.
Tags: Acquisition, Canada, Harper Truck Centres, Penske Automotive Group, Premier Truck Group
January 20, 2016 - Industry News
Saundra Stewart assumed her new role on Jan. 4. The former finance director for Penske Automotive most recently served as executive vice president of sales for Topline Strategies.
Tags: CNA National, F&I products, Penske Automotive Group, Saundra Stewart
February 18, 2014 - Industry News
Officials with Penske Automotive Group, which reported a record fourth quarter, said the operation will “wait and see” when it comes to adopting the NADA’s new fair lending compliance program.
Tags: CFPB, compliance, Consumer Financial Protection Bureau, earnings, F&I sales, NADA, National Automobile Dealers Association, Penske Automotive Group, Quarterly Earnings, reserve
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