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Equity Method Investees - Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Significant Equity Method Investees      
Equity method investments $ 1,636.9 $ 1,688.1  
Equity in earnings of affiliates $ 494.2 374.5 $ 169.0
The Nix Group      
Significant Equity Method Investees      
Penske transportation solutions, ownership percentage 50.00%    
Barcelona Premium SL      
Significant Equity Method Investees      
Penske transportation solutions, ownership percentage 50.00%    
Penske Commercial Leasing Australia      
Significant Equity Method Investees      
Penske transportation solutions, ownership percentage 28.00%    
PTL      
Significant Equity Method Investees      
Penske transportation solutions, ownership percentage 28.90%    
Equity method investments $ 1,590.9 $ 1,643.1