Monday, January 17th, 2022

Tag: Penske

Morgan Stanley’s bearish report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution. In his report, Jonas downgraded Penske Automotive Group Inc. and Sonic...

Morgan Stanley report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution about the group. In his report, Jonas downgraded Penske Automotive Group...

Penske Automotive acquires commercial truck dealership McCoy Freightliner

Penske Automotive Group Inc. has acquired Oregon-based McCoy Freightliner, growing its offering of commercial trucks and expanding its reach to the Pacific Northwest. The deal, announced Tuesday, brings Penske unit Premier Truck Group three...