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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Total revenues $ 3,399,867 $ 3,156,390
Cost of sales:    
Total cost of sales 2,866,880 2,662,531
Gross profit 532,987 493,859
Selling, general and administrative expenses 413,312 386,705
Depreciation 14,449 12,950
Operating income 105,226 94,204
Floor plan interest expense (10,211) (9,493)
Other interest expense (11,776) (12,131)
Equity in earnings of affiliates 2,348 4,410
Income from continuing operations before income taxes 85,587 76,990
Income taxes (28,381) (26,908)
Income from continuing operations 57,206 50,082
Income (Loss) from discontinued operations, net of tax 813 (3,076)
Net income 58,019 47,006
Less: Income attributable to non-controlling interests 355 188
Net income attributable to Penske Automotive Group common stockholders 57,664 46,818
Basic earnings per share attributable to Penske Automotive Group common stockholders:    
Continuing operations (in dollars per share) $ 0.63 $ 0.55
Discontinued operations (in dollars per share) $ 0.01 $ (0.03)
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 0.64 $ 0.52
Shares used in determining basic earnings per share (in shares) 90,421 90,306
Diluted earnings per share attributable to Penske Automotive Group common stockholders:    
Continuing operations (in dollars per share) $ 0.63 $ 0.55
Discontinued operations (in dollars per share) $ 0.01 $ (0.03)
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 0.64 $ 0.52
Shares used in determining diluted earnings per share (in shares) 90,457 90,338
Amounts attributable to Penske Automotive Group common stockholders:    
Income from continuing operations 57,206 50,082
Less: Income attributable to non-controlling interests 355 188
Income from continuing operations, net of tax 56,851 49,894
Income (Loss) from discontinued operations, net of tax 813 (3,076)
Net income attributable to Penske Automotive Group common stockholders 57,664 46,818
New vehicle
   
Revenue:    
Total revenues 1,742,833 1,543,991
Cost of sales:    
Total cost of sales 1,607,458 1,414,388
Used vehicle
   
Revenue:    
Total revenues 1,004,964 936,091
Cost of sales:    
Total cost of sales 926,493 860,032
Finance and insurance, net
   
Revenue:    
Total revenues 86,685 77,752
Service and parts
   
Revenue:    
Total revenues 383,483 359,206
Cost of sales:    
Total cost of sales 159,615 151,654
Other
   
Revenue:    
Total revenues 181,902 239,350
Cost of sales:    
Total cost of sales $ 173,314 $ 236,457