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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
Total revenues $ 4,048.0 $ 3,349.3
Cost of sales:    
Total cost of sales 3,424.0 2,822.7
Gross profit 624.0 526.6
Selling, general and administrative expenses 487.8 407.1
Depreciation 16.5 14.3
Operating income 119.7 105.2
Floor plan interest expense (11.1) (10.1)
Other interest expense (13.1) (11.5)
Equity in earnings of affiliates 5.1 2.3
Income from continuing operations before income taxes 100.6 85.9
Income taxes (34.1) (28.3)
Income from continuing operations 66.5 57.6
Income (Loss) from discontinued operations, net of tax 1.4 0.4
Net income 67.9 58.0
Less: Income attributable to non-controlling interests 0.4 0.3
Net income attributable to Penske Automotive Group common stockholders 67.5 57.7
Basic earnings per share attributable to Penske Automotive Group common stockholders:    
Continuing operations (in dollars per share) $ 0.73 $ 0.63
Discontinued operations (in dollars per share) $ 0.02 $ 0.00
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 0.75 $ 0.64
Shares used in determining basic earnings per share (in shares) 90.4 90.4
Diluted earnings per share attributable to Penske Automotive Group common stockholders:    
Continuing operations (in dollars per share) $ 0.73 $ 0.63
Discontinued operations (in dollars per share) $ 0.02 $ 0.00
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 0.75 $ 0.64
Shares used in determining diluted earnings per share (in shares) 90.5 90.5
Amounts attributable to Penske Automotive Group common stockholders:    
Income from continuing operations 66.5 57.6
Less: Income attributable to non-controlling interests 0.4 0.3
Income from continuing operations, net of tax 66.1 57.3
Income (Loss) from discontinued operations, net of tax 1.4 0.4
Net income attributable to Penske Automotive Group common stockholders 67.5 57.7
New vehicle
   
Revenue:    
Total revenues 2,026.3 1,716.8
Cost of sales:    
Total cost of sales 1,869.6 1,583.1
Used vehicle
   
Revenue:    
Total revenues 1,201.6 988.2
Cost of sales:    
Total cost of sales 1,114.6 910.9
Finance and insurance, net
   
Revenue:    
Total revenues 104.9 85.9
Service and parts
   
Revenue:    
Total revenues 417.5 379.7
Cost of sales:    
Total cost of sales 170.3 158.5
Fleet and wholesale
   
Revenue:    
Total revenues 187.9 171.9
Cost of sales:    
Total cost of sales 183.5 167.7
Commercial vehicles, car rental and other
   
Revenue:    
Total revenues 109.8 6.8
Cost of sales:    
Total cost of sales $ 86.0 $ 2.5