Penske Automotive Group
International transportation services company / From Wikipedia, the free encyclopedia
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Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is a transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, engines, power systems and related parts and services principally in Australia and New Zealand. Additionally, PAG owns 28.9% of Penske Transportation Solutions, a business that manages a fleet of over 400,000 trucks, tractors, and trailers. PAG is a member of the Fortune 500, Russell 1000, and Russell 3000 indexes.[1]
Quick Facts Company type, Traded as ...
Company type | Public company |
---|---|
Industry | Automotive, Auto Dealerships, Vehicle Parts, Transportation Services, Commercial Vehicles, Commercial Vehicle Dealerships, Truck Parts & Services |
Founded | 1990; 34 years ago (1990) |
Founder | Marshall Cogan, as United Auto Group |
Headquarters | Bloomfield Hills, Michigan, U.S. |
Area served | United States, Germany, United Kingdom, Ireland Australia, New Zealand, Spain, Italy |
Key people | Roger Penske (Chairman of the Board) & (CEO) J.D. Carlson (CFO) |
Products | Transportation Services |
Services | Financial services, Repair |
Revenue | US$22.8 billion (2019) |
US$664.9 million (2019) | |
US$470.3 million (2019) | |
Total assets | US$10.904 billion (2019) |
Total equity | US$2.634 billion (2019) |
Parent | Penske Corporation |
Divisions | Sytner Group; Premier Truck Group; Penske Commercial Vehicles; Penske Power Systems; CarShop |
Website | penskeautomotive |
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