Penske Automotive Group Inc - Company Profile
Powered by
All the data and insights you need on Penske Automotive Group Inc in one report.
- Save hours of research time and resources with
our up-to-date Penske Automotive Group Inc Strategy Report
- Understand Penske Automotive Group Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Penske Automotive Group Inc (PAG) is an international transportation company. The company operates automotive and commercial truck dealerships and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. PAG’s portfolio includes the dealership of world-leading brands, such as Acura, Alfa Romeo, Audi, Bentley, BMW, Chevrolet, Ferrari, Fiat, Ford, Honda, Hyundai, Jaguar, Porsche, Nissan, MINI, Range-Rover, Rolls-Royce, Toyota, Western Star, Skoda, Volkswagen, and Volvo. The company has a business presence across North America, Western Europe, Australia, and New Zealand. PAG is headquartered in Bloomfield Hills, Michigan, the US.
Penske Automotive Group Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
New car sales | Finance |
Used car sales | Insurance |
Replacement parts and automotive products | Vehicle service contracts |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company signed an agreement to purchase two Porsche dealerships in Melbourne, Australia. |
2023 | Asset Purchase | In August, the company acquired BMW of Wilmington and Porsche Wilmington in Wilmington, North Carolina, the US from Baker Motor Company. |
2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired Transolutions Truck Centres. |
Competitor Comparison
Key Parameters | Penske Automotive Group Inc | Ford Motor Co | Lithia Motors Inc | CarMax Inc | AutoNation Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Bloomfield Hills | Dearborn | Medford | Richmond | Fort Lauderdale |
State/Province | Michigan | Michigan | Oregon | Virginia | Florida |
No. of Employees | 28,000 | 177,000 | 27,446 | 30,621 | 25,300 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Roger S. Penske | Chairman; Chief Executive Officer | Executive Board | 1999 | 86 |
Shelley Hulgrave | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 44 |
Richard A. Hook | Chief Information Officer; Executive Vice President | Senior Management | 2019 | 48 |
Greg Penske | Vice Chairman; Chief Executive Officer - Penske Motor Group LLC; Chairman - Penske Motor Group LLC | Executive Board | 2020 | 60 |
Robert H. Kurnick Jr. | Director - Penske Corporation; President | Senior Management | 2008 | 61 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward