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Revenues (Tables)
3 Months Ended
Mar. 31, 2018
Revenues  
Schedule of accounts receivable and unearned revenues

 

 

 

 

 

 

 

 

 

 

March 31,

    

December 31,

 

 

  

2018

    

2017

  

Accounts receivable

 

 

 

 

 

 

 

Contracts in transit

 

$

376.5

 

$

356.1

 

Vehicle receivables

 

 

251.2

 

 

233.0

 

Manufacturer receivables

 

 

238.7

 

 

230.1

 

Trade receivables

 

 

162.6

 

 

136.7

 

 

 

 

 

 

 

 

 

Accrued expenses

 

 

 

 

 

 

 

Unearned revenues

 

$

310.5

 

$

302.6

 

 

Retail Automotive Dealership  
Revenues  
Schedule of disaggregation of revenues

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

Retail Automotive Dealership Revenue

    

2018

    

2017

  

New vehicle

 

$

2,446.8

 

$

2,307.4

 

Used vehicle

 

 

1,866.8

 

 

1,541.0

 

Finance and insurance, net

 

 

160.8

 

 

137.4

 

Service and parts

 

 

543.5

 

 

498.9

 

Fleet and wholesale

 

 

278.1

 

 

271.7

 

Total retail automotive dealership revenue

 

$

5,296.0

 

$

4,756.4

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

Retail Automotive Dealership Revenue

    

2018

    

2017

 

U.S.

 

$

2,750.9

 

$

2,656.2

 

U.K.

 

 

2,192.8

 

 

1,826.4

 

Germany and Italy

 

 

352.3

 

 

273.8

 

Total retail automotive dealership revenue

 

$

5,296.0

 

$

4,756.4

 

 

Retail Commercial Truck Dealership  
Revenues  
Schedule of disaggregation of revenues

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

Retail Commercial Truck Dealership Revenue

    

2018

    

2017

  

New truck

 

$

170.4

 

$

110.7

 

Used truck

 

 

26.5

 

 

19.0

 

Finance and insurance, net

 

 

3.2

 

 

2.1

 

Service and parts

 

 

90.4

 

 

78.0

 

Wholesale

 

 

1.9

 

 

1.9

 

Total retail commercial truck dealership revenue

 

$

292.4

 

$

211.7

 

 

Commercial Vehicle Distribution and Other  
Revenues  
Schedule of disaggregation of revenues

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

Commercial Vehicle Distribution and Other

    

2018

    

2017

 

Penske Commercial Vehicles Australia

 

$

57.5

 

$

64.8

 

Penske Power Systems

 

 

100.2

 

 

47.3

 

Other

 

 

0.8

 

 

0.9

 

Total commercial vehicle distribution and other revenue

 

$

158.5

 

$

113.0