Penske Automotive Group sold 39,844 used units the third quarter, up from 33,084 vehicles in the third quarter of 2011. Revenue for those used vehicle sales rose 8.4% — reaching $924.8 million in third quarter 2012 compared to $853 million the year before. Gross profit per used vehicle retailed didn’t rise during that time, dropping from $1,978 to $1,824.
