Penske Automotive Group Shares Get Taken Down by Brexit

Penske followed along with other automotive retailers that got hit in Monday's session on Brexit worries.
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Penske (PAG) - Get Report followed along with other automotive retailers getting hit in Monday's session on Brexit worries as nearly one third of Penske's sales come from the UK. A representative for Penske said the company could face currency risks as a result of last week's vote. But, because a vote to leave the European Union is unprecedented, the spokesperson said it was difficult to know for certain how Penske could be affected.