The percentage of ownership of common stock or equity participation in a consolidated entity.

No definition available.

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- Definition

Represents the additional ownership percentage interest acquired.

+ References

No definition available.

+ Details

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- Definition

Ownership Interest Sold

+ References

No definition available.

+ Details

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- Definition

The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

+ Details

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- Definition

Percentage investment held by members or limited partners of limited liability company (LLC) or limited partnership (LP).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

+ Details

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- Definition

The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3179-108585

+ Details

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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Related Party Transactions - Joint ventures (Details) - USD ($) $ in Millions	1 Months Ended		12 Months Ended
	Oct. 31, 2021	Jun. 30, 2021	Dec. 31, 2021
Lexus, Toyota, Volkswagen \| Frankfurt, Germany
Related party transactions
Ownership percentage of equity method investment			50.00%
BMW, MINI \| Barcelona, Spain
Related party transactions
Ownership percentage of equity method investment			50.00%
Penske Commercial Leasing Australia
Related party transactions
Ownership percentage of equity method investment			28.00%
Audi, Mercedes-Benz, Sprinter, Porsche \| Fairfield, Connecticut
Related party transactions
Ownership percentage of Consolidated Entity			80.00%
Mercedes-Benz \| Greenwich, Connecticut
Related party transactions
Ownership percentage of Consolidated Entity			80.00%
BMW, MINI, Maserati, Porsche, Audi, Land Rover, Volvo, Mercedes-Benz, smart, Lamborghini \| Northern Italy
Related party transactions
Ownership percentage of Consolidated Entity			84.10%
BMW, MINI, Rolls-Royce, Ferrari and Alpina \| Tokyo, Japan
Related party transactions
Additional ownership percentage acquired	51.00%
Bentley, Ferrari, and Maserati \| Edison, New Jersey
Related party transactions
Ownership interest sold		20.00%
Proceeds from Sale of Equity Method Investments		$ 3.0
PTL
Related party transactions
Ownership interest in Penske Truck Leasing Co (as a percent)			28.90%