Penske Automotive Group

Penske Automotive Group, Inc.
Public
Traded as NYSE: PAG
Industry Automotive, Auto Dealerships, Vehicle Parts, Transportation Services, Commercial Vehicles, Commercial Vehicle Dealerships, Truck Parts & Services
Founded 1990
Founder Roger Penske
Headquarters Bloomfield Hills, MI, USA
Area served
 USA, Germany, Puerto Rico, United Kingdom, Australia, New Zealand, Spain, Italy
Key people
 Roger Penske
(Chairman of the Board) & (CEO)
Products Transportation Services
Services Financial services, Repair
Revenue Increase US$ 17.2 billion (2014)
Increase $ 504.1 million (2014)
Increase $ 290.1 million (2014)
Total assets Increase $ 7,228 million (2014)
Total equity Increase $ 1,681 million (2014)
Parent Penske Corporation
Divisions Sytner Group; Premier Truck Group; Penske Commercial Vehicles; Penske Power Systems
Website PenskeAutomotive.com

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial dealerships principally in the United States and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske Automotive Group operates across three continents and five countries representing more than 40 world-class brands. Penske Automotive Group employs more than 23,000 people worldwide and is a member of the Fortune 500 and Russell 2000.

History

Penske Automotive was originally founded as United Automotive Group in 1990 and was acquired by Penske Corporation and Roger Penske in May 1999. On July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG.

See also

Further reading

External links


This article is issued from Wikipedia - version of the Saturday, February 06, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.