CONSOLIDATED CONDENSED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 26,254	$ 43,447
Accounts receivable, net of allowance for doubtful accounts of $2,522 and $2,979	530,647	554,851
Inventories	2,125,771	2,000,206
Other current assets	90,352	90,485
Assets held for sale	33,849	73,398
Total current assets	2,806,873	2,762,387
Property and equipment, net	1,148,495	1,031,188
Goodwill	956,180	978,147
Franchise value	274,986	283,152
Equity method investments	332,503	303,160
Other long-term assets	18,595	20,956
Total assets	5,537,632	5,378,990
LIABILITIES AND EQUITY
Floor plan notes payable	1,474,440	1,408,362
Floor plan notes payable - non-trade	753,130	725,526
Accounts payable	314,050	263,881
Accrued expenses	226,968	223,972
Current portion of long-term debt	44,896	19,493
Liabilities held for sale	23,547	51,279
Total current liabilities	2,837,031	2,692,513
Long-term debt	875,307	918,024
Deferred tax liabilities	313,756	287,818
Other long-term liabilities	155,273	164,314
Total liabilities	4,181,367	4,062,669
Commitments and contingent liabilities
Penske Automotive Group stockholders' equity:
Preferred Stock, $0.0001 par value; 100 shares authorized; none issued and outstanding
Common Stock	9	9
Additional paid-in-capital	689,020	700,013
Retained earnings	704,516	611,026
Accumulated other comprehensive income (loss)	(41,505)	(6,833)
Total Penske Automotive Group stockholders' equity	1,352,040	1,304,215
Non-controlling interest	4,225	12,106
Total equity	1,356,265	1,316,321
Total liabilities and equity	5,537,632	5,378,990
Non-voting Common Stock
Penske Automotive Group stockholders' equity:
Common Stock
Class C Common Stock
Penske Automotive Group stockholders' equity:
Common Stock