Penske Automotive Group
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Location
Headquarters: Bloomfield Hills, Michigan, United States, North America
Region: Michigan
Country: US
Continent: North America
About
Penske Automotive Group is a diversified international transportation services company and a premier automotive and commercial truck retailer. The company operates dealerships principally in the United States, the United Kingdom, Canada, Germany, and Italy, and is one of the largest retailers of commercial trucks in North America for Freightliner, while also distributing and retailing diesel and gas engines, power systems, and related parts and services in Australia and New Zealand. Headquartered in Bloomfield Hills, Michigan, PAG focuses on automotive retail and mobility services across multiple markets.
Penske Automotive Group operates a network of automotive dealerships in the United States, United Kingdom, Canada, Germany, and Italy. The company sells new and used vehicles, commercial trucks, and related parts and services to individual and business customers. It is a major retailer of Freightliner commercial trucks in North America.
Penske Automotive Group, Inc.
1990
for_profit
active
Industries
Primary Industry: Retail
Categories
Funding & Financials
Private Equity
2200000000
over-1b
ipo
NYSE:PAG
nasdaq
Investors
Founders
Roger Penske
Leadership
Technology Stack
Products
Automotive Dealerships: Retail locations selling new and used passenger vehicles from various automotive brands.
Commercial Truck Retail: Sales and service of commercial trucks, including Freightliner brand vehicles.
Distribution and Retail of Commercial Vehicles and Power Systems: Distribution and retail of commercial vehicles, diesel and gas engines, power systems, and related parts mainly in Australia and New Zealand.
Fleet Management Services via Penske Transportation Solutions: Management of a large fleet of trucks, tractors, and trailers providing transportation, supply chain, and technology solutions to North American fleets.
Vehicle Sales and Trade-In Services: Services enabling customers to buy, sell, or trade-in new and used vehicles through Penske dealerships.
Funding rounds
Private Equity · (1999-01-01)
IPO · (1996-11-01)