10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001019849-22-000040`
Period End Date	20220630
Filing Date	20220728
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pag-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 124 Cash Flow Statement 90 Stockholders Equity 44 Comprehensive Income 48

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.80M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.70M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.70M	USD	Point-in-time
Preferred Stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.7 and $6.8	`ReceivablesNetCurrent`	$774.30M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.7 and $6.8	`ReceivablesNetCurrent`	$734.00M	USD	Point-in-time
Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.13B	USD	Point-in-time
Preferred Stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.06B	USD	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$111.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$147.90M	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.08B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.13B	USD	Point-in-time
Common Stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.44B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.40B	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.45B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.44B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	75.02M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	77.57M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	77.57M	shares	Point-in-time
Goodwill	`Goodwill`	$2.14B	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	75.02M	shares	Point-in-time
Goodwill	`Goodwill`	$2.12B	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$677.90M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$641.50M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.67B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.69B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$41.90M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$43.60M	USD	Point-in-time
Total assets	`Assets`	$13.46B	USD	Point-in-time
Total assets	`Assets`	$13.50B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.21B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.14B	USD	Point-in-time
Floor plan notes payable non-trade	`FloorPlanNotesPayableNonTrade`	$1.41B	USD	Point-in-time
Floor plan notes payable non-trade	`FloorPlanNotesPayableNonTrade`	$1.24B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$767.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$841.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$853.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$870.30M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$82.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$78.50M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$500.00K	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.27B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.21B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.39B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.36B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.37B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.06B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.08B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$222.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$269.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.37B	USD	Point-in-time
Commitments and contingent liabilities (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$42.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.20B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.51B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-168.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-311.90M	USD	Point-in-time
Total Penske Automotive Group stockholders equity	`StockholdersEquity`	$4.07B	USD	Point-in-time
Total Penske Automotive Group stockholders equity	`StockholdersEquity`	$4.19B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$24.60M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$25.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.76B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$13.46B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$13.50B	USD	Point-in-time

Income Statement 124 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.76B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.91B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.99B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.88B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$11.41B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$5.80B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$5.67B	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$10.67B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.47B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.10B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.18B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.24B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$749.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.62B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.41B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$817.70M	USD	1 Quarter
Depreciation	`Depreciation`	$31.70M	USD	1 Quarter
Depreciation	`Depreciation`	$63.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$30.20M	USD	1 Quarter
Depreciation	`Depreciation`	$59.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$789.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$402.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$622.30M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$387.60M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$9.00M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$16.50M	USD	2 Qtrs
Floor plan interest expense	`FloorPlanInterestExpense`	$7.90M	USD	1 Quarter
Floor plan interest expense	`FloorPlanInterestExpense`	$17.40M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$37.60M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$19.70M	USD	1 Quarter
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$33.50M	USD	2 Qtrs
Other interest expense	`InterestExpenseExcludingFloorPlanInterest`	$17.00M	USD	1 Quarter
Debt redemption costs	`DebtRedemptionCosts`	-	USD	2 Qtrs
Debt redemption costs	`DebtRedemptionCosts`	-	USD	1 Quarter
Debt redemption costs	`DebtRedemptionCosts`	$17.00M	USD	2 Qtrs
Debt redemption costs	`DebtRedemptionCosts`	$17.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$257.60M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$138.00M	USD	1 Quarter
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$161.00M	USD	2 Qtrs
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$105.60M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$463.70M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$997.20M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$711.30M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$499.60M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$187.90M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$251.80M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$123.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$123.70M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$375.90M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$745.40M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$340.30M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Net income	`ProfitLoss`	$745.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.40M	USD	1 Quarter
Net income	`ProfitLoss`	$375.90M	USD	1 Quarter
Net income	`ProfitLoss`	$523.50M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.50M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$374.00M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$741.90M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$521.40M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$338.90M	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$6.46	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.93	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.20	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$9.70	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$6.46	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$4.93	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$9.70	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$4.20	USD	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.79M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.69M	shares	1 Quarter
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.65M	shares	2 Qtrs
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.50M	shares	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$6.46	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.93	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$9.70	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.20	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$4.20	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$9.70	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$4.93	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$6.46	USD	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.73M	shares	1 Quarter
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.68M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.53M	shares	2 Qtrs
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.82M	shares	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$375.90M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$745.40M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$340.30M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.90M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.50M	USD	2 Qtrs
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$741.90M	USD	2 Qtrs
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$338.80M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$374.00M	USD	1 Quarter
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$521.30M	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$374.00M	USD	1 Quarter
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$741.90M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$521.40M	USD	2 Qtrs
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$338.90M	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.87	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.50	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.97	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.44	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Repayment of sellers' floor plan notes payable dealership acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$24.30M	USD	2 Qtrs
Repayment of sellers' floor plan notes payable dealership acquisitions	`RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions`	$51.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$745.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.40M	USD	1 Quarter
Net income	`ProfitLoss`	$375.90M	USD	1 Quarter
Net income	`ProfitLoss`	$523.50M	USD	2 Qtrs
Depreciation	`Depreciation`	$31.70M	USD	1 Quarter
Depreciation	`Depreciation`	$63.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$30.20M	USD	1 Quarter
Depreciation	`Depreciation`	$59.50M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$134.20M	USD	2 Qtrs
Earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$198.40M	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	2 Qtrs
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$100.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$74.80M	USD	2 Qtrs
Debt redemption costs	`DebtRedemptionCosts`	-	USD	2 Qtrs
Debt redemption costs	`DebtRedemptionCosts`	-	USD	1 Quarter
Debt redemption costs	`DebtRedemptionCosts`	$17.00M	USD	2 Qtrs
Debt redemption costs	`DebtRedemptionCosts`	$17.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$58.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$106.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$15.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-525.10M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$121.00M	USD	2 Qtrs
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-396.90M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$129.70M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$315.30M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-16.30M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.60M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$879.20M	USD	2 Qtrs
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$916.70M	USD	2 Qtrs
Purchases of property, equipment, and improvements	`PaymentsToAcquireProductiveAssets`	$90.80M	USD	2 Qtrs
Purchases of property, equipment, and improvements	`PaymentsToAcquireProductiveAssets`	$138.10M	USD	2 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$4.30M	USD	2 Qtrs
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.40M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$31.70M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $51.3 and $24.3, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$225.90M	USD	2 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $51.3 and $24.3, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$278.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.20M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.40M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-331.60M	USD	2 Qtrs
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-357.00M	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$1.09B	USD	2 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line	`ProceedsFromLongTermLinesOfCredit`	$974.00M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$974.00M	USD	2 Qtrs
Repayments under U.S. credit agreement revolving credit line	`RepaymentsOfLongTermLinesOfCredit`	$1.20B	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$23.80M	USD	2 Qtrs
Net borrowings (repayments) of other long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-63.10M	USD	2 Qtrs
Net repayments of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-181.90M	USD	2 Qtrs
Net repayments of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade`	$-115.60M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$28.10M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$275.40M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$70.20M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$74.40M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$6.10M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$100.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.30M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.70M	USD	2 Qtrs
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-470.10M	USD	2 Qtrs
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-459.00M	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$100.00K	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	2 Qtrs
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$100.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$115.70M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$54.20M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.70M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$158.90M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-14.10M	USD	2 Qtrs
Interest	`InterestPaidNet`	$58.30M	USD	2 Qtrs
Interest	`InterestPaidNet`	$49.20M	USD	2 Qtrs
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.76B	USD	Point-in-time
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.22B	USD	Point-in-time
After-tax cumulative effect adjustment to retained earnings after adoption of Topic 842	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.76B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.10M	USD	2 Qtrs
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.60M	USD	2 Qtrs
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.50M	USD	1 Quarter
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.20M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$40.90M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$40.90M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$292.60M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$173.40M	USD	1 Quarter
Dividends	`DividendsCash`	$38.00M	USD	1 Quarter
Dividends	`DividendsCash`	$70.20M	USD	2 Qtrs
Dividends	`DividendsCash`	$35.60M	USD	1 Quarter
Dividends	`DividendsCash`	$74.40M	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-400.00K	USD	1 Quarter
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.50M	USD	2 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.70M	USD	2 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.10M	USD	1 Quarter
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.40M	USD	2 Qtrs
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.90M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-148.80M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.80M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-120.30M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$7.10M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$4.50M	USD	2 Qtrs
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$5.70M	USD	1 Quarter
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$6.40M	USD	1 Quarter
Net income	`ProfitLoss`	$745.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.40M	USD	1 Quarter
Net income	`ProfitLoss`	$375.90M	USD	1 Quarter
Net income	`ProfitLoss`	$523.50M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.76B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$745.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.40M	USD	1 Quarter
Net income	`ProfitLoss`	$375.90M	USD	1 Quarter
Net income	`ProfitLoss`	$523.50M	USD	2 Qtrs
Unrealized gain (loss) arising during the period, net of tax (provision) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	2 Qtrs
Unrealized gain (loss) arising during the period, net of tax (provision) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax (provision) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-200.00K	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax (provision) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$1.10M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.90M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-100.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-148.80M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.80M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-200.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-120.30M	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	2 Qtrs
Unrealized gain (loss) arising during the period, net of tax (provision) benefit of $0.0, $0.2, $0.0, and ($1.1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	2 Qtrs
Unrealized gain (loss) arising during the period, net of tax (provision) benefit of $0.0, $0.2, $0.0, and ($1.1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-700.00K	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax (provision) benefit of $0.0, $0.2, $0.0, and ($1.1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Unrealized gain (loss) arising during the period, net of tax (provision) benefit of $0.0, $0.2, $0.0, and ($1.1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$3.00M	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-500.00K	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	2 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-300.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-400.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.50M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.50M	USD	2 Qtrs
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$5.70M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$6.40M	USD	1 Quarter
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$7.10M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.80M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-114.60M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$12.50M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-144.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$348.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$601.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$261.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$536.00M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.30M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.80M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$346.50M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$260.20M	USD	1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$598.80M	USD	2 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$534.20M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.