Penske Automotive Group, Inc. (NYSE:PAG) shares are trading higher on Wednesday after the company released its second-quarter results. The company reported earnings per share of $3.61, beating the street view of $3.40. Quarterly sales of $7.697 billion, beating the analyst consensus of $7.576 billion. For the quarter, revenue increased 3% from the second quarter of 2023. Chair and CEO Roger Penske said, “I am pleased to see that our service and parts business remains strong ...