About Penske Automotive Group, Inc.
Penske Automotive Group, Inc. is a diversified transportation services company operating automotive and commercial truck dealerships worldwide. Headquartered in Bloomfield Hills, Michigan, the company was founded in 1990 and operates as a subsidiary of Penske Corporation, Inc.
Business Segments
- Retail Automotive: Operates dealerships under franchise agreements with leading automotive manufacturers.
- Retail Commercial Truck: Manages heavy and medium-duty truck dealerships, including Freightliner and Western Star brands.
- Other: Includes import and distribution of commercial vehicles and related services.
- Non-Automotive Investments: Focuses on diversified business ventures outside the automotive sector.
Key Services
- Sales of new and used vehicles (automotive and commercial trucks).
- Maintenance, repair, and collision services.
- Third-party finance, insurance, and extended service contracts.
- Wholesale distribution of parts, engines, and power systems.
- Import and distribution of heavy-duty trucks and buses (e.g., MAN, Dennis Eagle).
The company’s global presence and multi-faceted operations make it a leader in the transportation services industry.