Penske Automotive posts 16 percent increase in 3rd-qtr profit on Clunkers boost, lower costsPenske Automotive Group said Friday its third-quarter profit rose 16 percent, as sales spurred by the government's Cash for Clunkers program and lower expenses offset costs stemming from its failed effort to buy General Motors Co ...

GM to shut down Saturn after Penske terminates talks with GM on uncertain future assemblyGeneral Motors Co. said Wednesday it would shut down its Saturn brand after an agreement with Penske Automotive Group Inc. to acquire it fell apart. Penske, citing concerns of whether it could continue to supply vehicles ...

AP answers your questions on the news, from tsunami alerts to the last balanced federal budgetWhen it comes to producing a tsunami, does it matter if an earthquake is moving the seafloor up, down or side to side? Curiosity about what sorts of seaquakes would set off a tsunami alert ...

Penske Truck Leasing to begin selling used commercial trucks on eBay MotorsPenske Truck Leasing Co. will begin selling used commercial trucks through the auction Web site eBay, the company said Wednesday. Penske Truck Leasing — a joint-venture between Penske Corp., Penske Automotive Group and General Electric Co. — said truck shoppers will ...