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Penske Automotive Group, Inc. (PAG)
- Benzinga
EXCLUSIVE: REE Partners with Penske to Launch P7-C EV Trucks, Enhancing Fleet Electrification Options
REE Automotive Ltd (NASDAQ:REE) announced Wednesday that Penske Truck Leasing will begin offering Powered by REE EVs to its customers interested in electrifying their fleets for demos and orders, adding further momentum to REE’s current $50 million order book value. REE Auto said Penske’s customers will have the opportunity to experience the intended benefits of the world’s first U.S. Federal Motor Vehicle Safety Standards (FMVSS) certified, software-driven, electric vehicle powered by REEcorner
- Zacks
Penske (PAG) Stock Barely Moves Since Q1 Earnings Miss
Penske (PAG) reports lower-than-expected first-quarter results and increases dividend by 10% to 96 cents per share.
- PR Newswire
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 10%
Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has approved a quarterly dividend of $0.96 per share. "Based on the strength of our balance sheet and continued strong cash flow, we are pleased to provide our shareholders with a 10% increase in the cash dividend," said Penske Automotive Group President, Robert Kurnick, Jr. The
