Penske sees ‘good opportunity’ in US for CarShop after eliminating the brand in UK

CarShop is officially gone in the United Kingdom.

Its status in the U.S., on the other hand, seems much more solid.

Last week in Penske Automotive Group’s earnings call for the second quarter of 2024, chief operating officer for international operations Randall Seymore confirmed that CarShop — Penske’s brand for its used-car stores — has been ...