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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue:      
Total revenues $ 13,163,517 $ 11,127,492 $ 9,943,350
Cost of sales:      
Total cost of sales 11,150,569 9,365,670 8,358,079
Gross profit 2,012,948 1,761,822 1,585,271
Selling, general and administrative expenses 1,594,095 1,419,123 1,287,315
Depreciation 53,995 47,101 44,523
Operating income 364,858 295,598 253,433
Floor plan interest expense (38,797) (27,218) (32,822)
Other interest expense (46,892) (44,256) (48,541)
Debt discount amortization   (1,718) (8,637)
Equity in earnings of affiliates 27,572 25,451 20,569
Debt redemption costs (17,753)    
Gain on debt repurchase     1,634
Income from continuing operations before income taxes 288,988 247,857 185,636
Income taxes (94,330) (71,690) (63,441)
Income from continuing operations 194,658 176,167 122,195
Income (loss) from discontinued operations, net of tax (7,491) 2,091 (12,848)
Net income 187,167 178,258 109,347
Less: Income attributable to non-controlling interests 1,627 1,377 1,066
Net income attributable to Penske Automotive Group common stockholders 185,540 176,881 108,281
Basic earnings per share attributable to Penske Automotive Group common stockholders:      
Continuing operations (in dollars per share) $ 2.14 $ 1.92 $ 1.32
Discontinued operations (in dollars per share) $ (0.08) $ 0.02 $ (0.14)
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 2.05 $ 1.94 $ 1.18
Shares used in determining basic earnings per share (in shares) 90,318 91,154 92,018
Diluted earnings per share attributable to Penske Automotive Group common stockholders:      
Continuing operations (in dollars per share) $ 2.14 $ 1.92 $ 1.32
Discontinued operations (in dollars per share) $ (0.08) $ 0.02 $ (0.14)
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 2.05 $ 1.94 $ 1.18
Shares used in determining diluted earnings per share (in shares) 90,342 91,274 92,091
Amounts attributable to Penske Automotive Group common stockholders:      
Income from continuing operations 194,658 176,167 122,195
Less: Income attributable to non-controlling interests 1,627 1,377 1,066
Income from continuing operations, net of tax 193,031 174,790 121,129
Income (loss) from discontinued operations, net of tax (7,491) 2,091 (12,848)
Net income attributable to Penske Automotive Group common stockholders 185,540 176,881 108,281
Cash dividends per share (in dollars per share) $ 0.46 $ 0.24  
New vehicle
     
Revenue:      
Total revenues 6,782,389 5,639,381 5,106,698
Cost of sales:      
Total cost of sales 6,233,338 5,169,968 4,686,398
Used vehicle
     
Revenue:      
Total revenues 3,747,236 3,238,152 2,728,051
Cost of sales:      
Total cost of sales 3,462,908 2,984,267 2,515,325
Finance and insurance, net
     
Revenue:      
Total revenues 322,567 270,579 237,894
Service and parts
     
Revenue:      
Total revenues 1,446,729 1,329,064 1,244,035
Cost of sales:      
Total cost of sales 603,682 566,380 536,200
Other
     
Revenue:      
Total revenues 864,596 650,316 626,672
Cost of sales:      
Total cost of sales $ 850,641 $ 645,055 $ 620,156