Penske Automotive Group

Penske Automotive Group Inc is an equity in the USA market. The price is 182.49 USD currently with a change of 4.87 USD (0.03%) from the previous close. The latest open price was 178.53 USD and the intraday volume is 246,617. The intraday high is 183.14 USD and the intraday low is 177.1 USD. The latest trade time is Wednesday, July 2, 17:19:00 PDT.

Company Overview

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. The company operates automotive and commercial truck dealerships in the United States, the United Kingdom, Canada, Germany, and Italy.

Additionally, Penske Automotive Group is one of the largest retailers of commercial trucks in North America for Freightliner.

Operations and Business Areas

Beyond its retail operations, Penske Automotive Group distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services, primarily in Australia and New Zealand.

The company owns a 28.9% stake in Penske Transportation Solutions, a business managing a fleet of over 431,000 trucks, tractors, and trailers. This division provides innovative transportation, supply chain, and technology solutions to North American fleets.

Company Size and Recognition

Penske Automotive Group employs over 28,900 people worldwide and is a member of the Fortune 500, S&P 400 Mid Cap, Russell 1000, and Russell 3000 indexes. The company has been recognized by Fortune Magazine as one of the World’s Most Admired Companies.

Presence in California

In California, Penske Automotive Group operates 34 dealerships, accounting for approximately 17% of its U.S. locations.

Locations

• Bloomfield Hills, Michigan
• United Kingdom
• Canada
• Germany
• Italy
• Australia
• New Zealand
• Phoenix, AZ, USA
• Scottsdale, AZ, USA

Mission and Vision

Penske Automotive Group's mission is to deliver excellence to its customers, value to its stakeholders, and opportunity to its team members everywhere it operates. Its vision is to be the best growth-oriented international, diversified transportation services company globally.

The company's core values include exceeding customer expectations, delivering long-term value for stakeholders, and providing opportunities for team members to succeed.