Penske Automotive Group, Inc. (NYSE:PAG) is looking for acquisitions. Anthony Pordon, Executive Vice President of Investor Relations and Corporate Development said, "I think we hit a milestone on a trailing 12-month basis at the end of September where we went over $2 billion in EBITDA, which gives us significant and strong cash flow, and that gives us the opportunity to make a lot of acquisitions, which we've done, invest for future growth and return capital to shareholders. We're going to make acquisitions".