XML 69 R49.htm IDEA: XBRL DOCUMENT v3.6.0.2
Organization and Summary of Significant Accounting Policies - Business Overview (Details)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Jul. 27, 2016
USD ($)
Jul. 26, 2016
Dec. 31, 2016
USD ($)
item
Oct. 31, 2016
item
Jul. 31, 2016
item
Apr. 30, 2016
item
Feb. 28, 2015
item
Dec. 31, 2016
USD ($)
item
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
item
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Jan. 31, 2016
Aug. 31, 2015
Oct. 31, 2014
Significant Accounting Policies                                          
Total revenues | $               $ 4,887.8 $ 5,152.0 $ 5,254.1 $ 4,824.6 $ 4,921.3 $ 4,960.1 $ 4,920.6 $ 4,482.9 $ 20,118.5 $ 19,284.9 $ 17,232.0      
Receivables from manufacturers | $     $ 196.5         $ 196.5       $ 178.9       $ 196.5 $ 178.9        
German Automotive Dealership Group                                          
Significant Accounting Policies                                          
Ownership interest (as a percent)     68.00%         68.00%         60.00%     68.00%       50.00%  
Ownership acquired (as a percent)                     8.00%           10.00%        
Nicole Group                                          
Significant Accounting Policies                                          
Ownership percentage of equity method investment     49.00%         49.00%               49.00%     49.00%    
PTG                                          
Significant Accounting Policies                                          
Ownership interest (as a percent)     100.00%         100.00%               100.00%          
PTL                                          
Significant Accounting Policies                                          
Ownership interest in Penske Truck Leasing Co (as a percent)   9.00%                           23.40%          
Ownership acquired (as a percent) 14.40%                                        
Cost of acquisition | $ $ 498.5                                        
Ownership percentage of equity method investment     23.40%         23.40%               23.40%          
Penske Corporation | PTL                                          
Significant Accounting Policies                                          
Ownership interest in Penske Truck Leasing Co (as a percent)                               41.10%          
Mitsui and Co | PTL                                          
Significant Accounting Policies                                          
Ownership interest in Penske Truck Leasing Co (as a percent)                               20.00%          
GEC | PTL                                          
Significant Accounting Policies                                          
Ownership interest in Penske Truck Leasing Co (as a percent)                               15.50%          
Retail Automotive Dealership                                          
Significant Accounting Policies                                          
Total number of owned and operated franchises     355         355               355          
Number of owned and operated franchises in US     164         164               164          
Number of owned and operated franchises outside US     191         191               191          
Number of acquired franchises                               20          
Number of franchises awarded to the reporting entity                               7          
Number of franchises disposed                               10          
Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       7                                  
Ownership interest (as a percent)       84.00%                                  
Retail Automotive Dealership | Nicole Group                                          
Significant Accounting Policies                                          
Ownership percentage of equity method investment                                     49.00%    
Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         12                                
Retail Commercial Truck Dealership | PTG                                          
Significant Accounting Policies                                          
Number of dealerships operated                               20          
Ownership interest (as a percent)     100.00%         100.00%       96.00%       100.00% 96.00%        
Ownership acquired (as a percent)                                 5.00%        
Number of full service retail locations operated     14         14               14          
Number of retail locations acquired     2     4 2                            
Ownership percentage of equity method investment                                         32.00%
Commercial Vehicle Distribution                                          
Significant Accounting Policies                                          
Minimum number of dealership locations                               70          
Number of retail dealerships owned by the reporting entity                               6          
BMW, MINI | Automotive dealership revenues                                          
Significant Accounting Policies                                          
Percentage of total                               25.00%          
Audi/Volkswagen/Porsche/Bentley | Automotive dealership revenues                                          
Significant Accounting Policies                                          
Percentage of total                               24.00%          
Mercedes-Benz/Sprinter/smart | Automotive dealership revenues                                          
Significant Accounting Policies                                          
Percentage of total                               10.00%          
Toyota/Lexus | Automotive dealership revenues                                          
Significant Accounting Policies                                          
Percentage of total                               15.00%          
Retail Automotive Dealership                                          
Significant Accounting Policies                                          
Total revenues | $                               $ 18,673.2 $ 17,896.3 16,657.5      
Retail Commercial Truck Dealership                                          
Significant Accounting Policies                                          
Total revenues | $                               1,000.7 944.1 125.6      
Commercial Vehicle Distribution and Other                                          
Significant Accounting Policies                                          
Total revenues | $                               $ 444.6 $ 444.5 $ 448.9      
Volkswagen Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         7                                
BMW Dealership | Nicole Group                                          
Significant Accounting Policies                                          
Number of dealerships operated                               4          
BMW Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         1                                
MINI Dealership | Nicole Group                                          
Significant Accounting Policies                                          
Number of dealerships operated                               2          
MINI Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         1                                
Audi Dealership | Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       1                                  
Audi Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         1                                
Skoda Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         1                                
SEAT Dealership | Retail Automotive Dealership | Dealer Group in UK                                          
Significant Accounting Policies                                          
Number of acquired franchises         1                                
Porsche Dealership | Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       3                                  
Land Rover Dealership | Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       1                                  
Volvo Dealership | Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       1                                  
Nissan Dealership | Retail Automotive Dealership | Northern Italy                                          
Significant Accounting Policies                                          
Number of acquired franchises       1                                  
Scion | Retail Automotive Dealership                                          
Significant Accounting Policies                                          
Number of franchises disposed                               17          
ALPINA Dealership | Nicole Group                                          
Significant Accounting Policies                                          
Number of dealerships operated                               2