But the negative volume trends could stabilize in the coming quarters.
News & Analysis: Penske Automotive Group
PAG earnings call for the period ending December 31, 2018.
The dealership giant hasn't solved its nagging new car sales challenges.
The chain sees a few good reasons to expect healthy growth over the coming quarters.
PAG earnings call for the period ending September 30, 2018.
SunTrust tries to time the automotive market -- but does its argument make sense?
The retailer managed robust revenue and profit gains in the second quarter.
PAG earnings call for the period ending June 30, 2018
Profits improved even as new-car sales worsened.
The car retailer notched record revenue and earnings despite a slowdown in sales volumes.