Penske

Penske Automotive Group

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Of these 2019 graduates who took electives, roughly 20% discovered racing-related alternatives. NASCAR Tech’s overall employment rate for 2019 was eighty four%. Bureau of Labor Statistics , the median annual salary for automotive service technicians and mechanics in the United States was $42,090 in May 2019.25 This means half of automotive technicians earned extra and half earned much less.

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Penske Automotive Group Inc (PAG) Q1 2021 Earnings Call Transcript

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Image source: The Motley Fool.

Penske Automotive Group Inc (NYSE:PAG)
Q1 2021 Earnings Call
Apr 28, 2021, 2:00 p.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Good afternoon, ladies and gentlemen. Welcome to the Penske Automotive Group First Quarter 2021 Earnings Conference Call. Today’s call is being recorded and will be available for replay approximately one hour after completion through May 5, 2021, on the company’s website under the Investors tab at www.penskeautomotive.com. I will now introduce Anthony Pordon, the company’s Executive Vice President of Investor Relations and Corporate Development. Sir, please go ahead.

Anthony R. PordonExecutive Vice President of IR & Corporate Development

Thank you, Maria. Good afternoon, everyone, and also thank you for joining us today. A press release detailing Penske Automotive Group’s first quarter 2021 financial results was issued this morning and is posted on our website

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