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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of the changes in accumulated other comprehensive income/(loss) by component and the reclassifications out of accumulated other comprehensive income/(loss) attributable to the entity's common stockholders
Changes in accumulated other comprehensive income (loss) by component and the reclassifications out of accumulated other comprehensive income (loss) during the three months ended March 31, 2023 and 2022, respectively, attributable to Penske Automotive Group common stockholders follows:
Three Months Ended March 31, 2023
Foreign
Currency
Translation
OtherAccumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022
$(328.1)$(7.2)$(335.3)
Other comprehensive income (loss) before reclassifications18.0 4.8 22.8 
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax— — — 
Net current period other comprehensive income (loss)18.0 4.8 22.8 
Balance at March 31, 2023
$(310.1)$(2.4)$(312.5)
Three Months Ended March 31, 2022
Foreign
Currency
Translation
OtherAccumulated Other Comprehensive Income (Loss)
Balance at December 31, 2021
$(174.4)$5.6 $(168.8)
Other comprehensive income (loss) before reclassifications(28.1)(1.2)(29.3)
Amounts reclassified from accumulated other comprehensive income (loss) — net of tax— — — 
Net current period other comprehensive income (loss)(28.1)(1.2)(29.3)
Balance at March 31, 2022
$(202.5)$4.4 $(198.1)