I drive way too fast to worry about cholesterol. - Steven Wright
Penske Automotive Group (PAG) has had a volatile year, among many other car making companies. However, things appear to be turning around ever since a somewhat muted response to Q1 earnings on May 11, where their earnings were in line with expectations, but revenues beat, despite dealing with a global pandemic. Revenues were $5,009.1 million, versus expectations of $4,868 million. That is impressive when you consider it is only 10% lower than last year’s non-pandemic Q1 revenues of $5,564 million. How