Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2024

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 during the three and six months ended June 30, 2024 and 2023, respectively, attributable to Penske Automotive Group common stockholders follows:

Three Months Ended June 30, 2024

	Foreign Currency Translation		Other		Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2024	$	(299.4)	$	2.1	$	(297.3)
Other comprehensive income (loss), net of tax	2.5		(4.9)		(2.4)
Balance at June 30, 2024	$	(296.9)	$	(2.8)	$	(299.7)

Three Months Ended June 30, 2023

	Foreign Currency Translation		Other		Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2023	$	(310.1)	$	(2.4)	$	(312.5)
Other comprehensive income, net of tax	33.3		3.4		36.7
Balance at June 30, 2023	$	(276.8)	$	1.0	$	(275.8)

Six Months Ended June 30, 2024

	Foreign Currency Translation		Other		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2023	$	(262.6)	$	(1.5)	$	(264.1)
Other comprehensive loss - net of tax	(34.3)		(1.3)		(35.6)
Balance at June 30, 2024	$	(296.9)	$	(2.8)	$	(299.7)

Six Months Ended June 30, 2023

	Foreign Currency Translation		Other		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022	$	(328.1)	$	(7.2)	$	(335.3)
Other comprehensive income - net of tax	51.3		8.2		59.5
Balance at June 30, 2023	$	(276.8)	$	1.0	$	(275.8)