Penske Motor Group

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Penske Motor Group is an El Monte, California based wholly owned division of the Penske Corporation, the owner of seven automobile dealerships that just operate in California, managed by Gregory Penske. Penske Corporation also part owns the world's second-largest automotive dealership, the NYSE listed Penske Automotive Group.

Penske Motor Group's flagship dealership is Longo Toyota, the largest car dealer in the world at over 29 acres. [1] Longo came in first on industry tracker Ward's Dealer Business' 2004 list of top-selling dealerships. [2] The dealership sold 20,320 new vehicles in 2005 (56 vehicles per day). [2] There are Starbucks and Subway establishments on the lot. [2] The group has a diverse clientèle, and as such 68% of the group's employees are minorities.[2]

The group is the largest retailer of Toyota Cars in the world, selling over 1.5 billion dollars worth of Toyota products every year.[citation needed] Longo Toyota and Lexus make up the largest car dealership in the world, selling a car every 8 minutes.[citation needed]

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[edit] References

  1. ^ Penske Automotive Group, Inc., Retrieved January 10, 2007
  2. ^ a b c d [1] "Multilingual staff can drive up auto sales" February 21, 2005 USA Today

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