XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Interim Financial Statements - Business Overview (Details) $ in Millions |  |  |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2017 item | Sep. 07, 2017 USD ($) | Jul. 27, 2016 USD ($) | Jul. 26, 2016 | Dec. 31, 2016 item | Apr. 30, 2016 item | Sep. 30, 2017 USD ($) item | Sep. 30, 2016 USD ($) | Sep. 30, 2017 USD ($) item | Sep. 30, 2016 USD ($) | Dec. 31, 2016 USD ($)
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Total revenues | $ |  |  |  |  |  |  | $ 5,524.4 | $ 5,152.0 | $ 15,988.9 | $ 15,230.7 |
Cost of acquisition | $ |  |  |  |  |  |  |  |  | $ 239.1 | 498.5 |
PTL |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Ownership acquired (as a percent) |  | 5.50% | 14.40% |  |  |  |  |  |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) | 28.90% |  | 23.40% | 9.00% |  |  |  |  |  |  |
Cost of acquisition | $ |  | $ 239.1 | $ 498.5 |  |  |  |  |  |  |  |
CarSense |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of retail locations acquired |  |  |  |  |  |  |  |  | 5 |  |
CarShop |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of retail locations acquired |  |  |  |  |  |  |  |  | 5 |  |
Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Total number of owned and operated franchises | 354 |  |  |  |  |  | 354 |  | 354 |  |
Number of owned and operated franchises in US | 162 |  |  |  |  |  | 162 |  | 162 |  |
Number of owned and operated franchises outside US | 192 |  |  |  |  |  | 192 |  | 192 |  |
Minimum number of vehicles retailed and wholesaled |  |  |  |  |  |  |  |  | 471,700 |  |
Minimum number of vehicle brands offered |  |  |  |  |  |  |  |  | 40 |  |
Number of acquired franchises |  |  |  |  |  |  |  |  | 8 |  |
Number of franchises awarded to the reporting entity |  |  |  |  |  |  |  |  | 3 |  |
Number of franchises disposed |  |  |  |  |  |  |  |  | 12 |  |
Retail Automotive Dealership | CarSense |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of retail locations acquired |  |  |  |  |  |  |  |  | 5 |  |
Retail Automotive Dealership | CarShop |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of retail locations acquired |  |  |  |  |  |  |  |  | 5 |  |
Retail Commercial Truck Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of operating locations |  |  |  |  |  |  |  |  | 20 |  |
Number of full service retail locations operated |  |  |  |  |  |  |  |  | 14 |  |
Number of collision centers operated |  |  |  |  |  |  |  |  | 6 |  |
Number of retail locations acquired |  |  |  |  | 2 | 4 |  |  |  |  |
Commercial Vehicle Distribution |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Minimum number of dealership locations |  |  |  |  |  |  |  |  | 70 |  |
Number of retail dealerships owned by the reporting entity |  |  |  |  |  |  |  |  | 10 |  |
New Jersey | Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of acquired franchises |  |  |  |  |  |  |  |  | 2 |  |
Arizona | Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of acquired franchises |  |  |  |  |  |  |  |  | 2 |  |
UK | Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of acquired franchises |  |  |  |  |  |  |  |  | 2 |  |
UK | Retail Automotive Dealership | BMW, MINI |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of franchises disposed |  |  |  |  |  |  |  |  | 3 |  |
U.S. | Retail Automotive Dealership | Smart |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of franchises disposed |  |  |  |  |  |  |  |  | 5 |  |
Germany | Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Number of acquired franchises |  |  |  |  |  |  |  |  | 2 |  |
Automotive dealership revenues | Geographic | U.S. and Puerto Rico |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Automotive dealership revenue (as a percent) |  |  |  |  |  |  |  |  | 58.00% |  |
Automotive dealership revenues | Geographic | Outside the U.S. |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Automotive dealership revenue (as a percent) |  |  |  |  |  |  |  |  | 42.00% |  |
Automotive dealership revenues | Premium brands |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Automotive dealership revenue (as a percent) |  |  |  |  |  |  |  |  | 70.00% |  |
Penske Corporation | PTL |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) | 41.10% |  |  |  |  |  |  |  |  |  |
Mitsui and Co | PTL |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Ownership acquired (as a percent) |  | 10.00% |  |  |  |  |  |  |  |  |
Ownership interest in Penske Truck Leasing Co (as a percent) | 30.00% |  |  |  |  |  |  |  |  |  |
Retail Automotive Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Total revenues | $ |  |  |  |  |  |  | $ 5,085.4 | 4,772.1 | $ 14,882.5 | 14,121.8 | $ 18,700.0
Retail Commercial Truck Dealership |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Total revenues | $ |  |  |  |  |  |  | 299.6 | 266.1 | 739.8 | 782.3 |
Commercial Vehicle Distribution and Other |  |  |  |  |  |  |  |  |  |  |
Interim Financial Statements |  |  |  |  |  |  |  |  |  |  |
Total revenues | $ |  |  |  |  |  |  | $ 139.4 | $ 113.8 | $ 366.6 | $ 326.6 |

X
- Definition Represents the ownership interest acquired by the entity during the period. + References No definition available. + Details
Name: | pag_InvestmentOwnershipPercentageAcquired
Namespace Prefix: | pag_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the minimum number of vehicle brands offered. + References No definition available. + Details
Name: | pag_MinimumNumberOfBrandedVehiclesOffered
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the minimum number of dealership locations wherein the vehicles were distributed and sold. + References No definition available. + Details
Name: | pag_MinimumNumberOfDealershipLocations
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the minimum number of vehicles retailed and wholesaled. + References No definition available. + Details
Name: | pag_MinimumNumberOfVehiclesRetailedAndWholesaled
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of collision centers operated by the equity method investee. + References No definition available. + Details
Name: | pag_NumberOfCollisionCentersOperated
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of franchises acquired. + References No definition available. + Details
Name: | pag_NumberOfFranchisesAcquired
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of brands represented by franchises awarded to the reporting entity. + References No definition available. + Details
Name: | pag_NumberOfFranchisesAwardedToReportingEntity
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of franchises disposed of by the entity during the period. + References No definition available. + Details
Name: | pag_NumberOfFranchisesDisposed
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of full service retail locations operated by the equity method investee. + References No definition available. + Details
Name: | pag_NumberOfFullServiceRetailLocationsOperated
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of operating franchises. + References No definition available. + Details
Name: | pag_NumberOfOperatingFranchises
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total number of owned and operated franchises. + References No definition available. + Details
Name: | pag_NumberOfOwnedAndOperatedFranchises
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of owned and operated franchises in domestic country. + References No definition available. + Details
Name: | pag_NumberOfOwnedAndOperatedFranchisesInDomesticCountry
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of owned and operated franchises in foreign countries. + References No definition available. + Details
Name: | pag_NumberOfOwnedAndOperatedFranchisesInForeignCountries
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the number of retail commercial vehicle dealerships owned by the reporting entity. + References No definition available. + Details
Name: | pag_NumberOfRetailCommercialVehicleDealershipsOwnedByReportingEntity
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of retail locations acquired. + References No definition available. + Details
Name: | pag_NumberOfRetailLocationsAcquired
Namespace Prefix: | pag_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | pag_SummaryOfSignificantAccountingPoliciesLineItems
Namespace Prefix: | pag_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=64851502&loc=d3e6351-108592 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13531-108611 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=64851502&loc=d3e6404-108592 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13537-108611 + Details
Name: | us-gaap_ConcentrationRiskPercentage1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of units or percentage investment held by one or more members or limited partners of the LLC or LP. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 272 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055 + Details
Name: | us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_SalesRevenueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=pag_PenskeTruckLeasingCoLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=pag_CarSenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=pag_CarShopMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FranchisorDisclosureAxis=pag_RetailAutomotiveDealershipOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FranchisorDisclosureAxis=pag_RetailCommercialTruckDealershipOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FranchisorDisclosureAxis=pag_CommercialVehicleDistributionOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=stpr_NJ
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=stpr_AZ
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=pag_UnitedKingdomMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pag_TypeOfDealershipAxis=pag_BmwMiniMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=country_US
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pag_TypeOfDealershipAxis=pag_SmartMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=country_DE
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_SalesRevenueNetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=us-gaap_GeographicConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=pag_USAndPRMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=pag_OutsideUSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=pag_PremiumBrandsConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=pag_PenskeCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=pag_MitsuiAndCoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pag_RetailAutomotiveDealershipMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pag_RetailCommercialTruckDealershipMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=pag_CommercialVehicleDistributionAndOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |