Group 1 Automotive, Penske Automotive: Management Meetings Reveal Industry Trends
1. JPMorgan reports on Group 1 and Penske Automotive's industry trends. 2. GPI receives an Overweight rating with a price target of $435. 3. OEM buying increased ahead of impending tariffs, benefiting GPI. 4. Used car market remains challenging, impacting sales for GPI. 5. Consumer health and in-store traffic show resilience, supporting GPI.