The Latest Breaking News from Penske Automotive

Penske Automotive shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Penske Automotive Group, Inc. (NYSE:PAG) shares are trading lower on Wednesday.

The S&P 500 came within 1 point of its 200-day line. Target and Lowe's results were mixed. Tesla CEO Elon Musk joked on Twitter that he'll buy Manchester United.

Auto dealer Penske Automotive is one of the top stocks to buy and watch in today's stock market rally. Earnings are due out next week.

The Dow Jones fell as the 10-year treasury yield spiked., A couple of Warren Buffett stocks popped higher. Intel led the blue chips.

Penske Automotive Group Inc (NYSE:PAG) U.K. subsidiary has acquired three Bayerische Motoren Werke AG (OTC:BMWYY) BMW MINI dealerships and a collision center in the U.K. The dealerships, located in South East England, north of London, complement the company's 32 BMW MINI franchises operated in the U.K. market.  Penske Automotive expects the acquisition to generate $250…