USX:PAG - Penske Automotive Group Inc Penske Automotive Group Inc
Sector: Consumer Discretionary, Industry: Automotive Retail
Next Earnings: 24 Apr 2024
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USD 149.02    -1.47 (-0.98%)

17 Apr 2024


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General

CEO: Mr. Roger S. Penske Sr.

IPO: 1996-10-23

Headquarters: US

Employees: 28,000

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Description

Penske Automotive Group operates in nearly 20 us states and overseas. It has about 150 us light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom but also in Continental Europe and Japan. The company is the third-largest us-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 19 CarShop used-vehicle stores in the us and UK The company is based in Bloomfield Hills, Michigan.

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