Penske Automotive Group

Penske Automotive Group, Inc.

Company type	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) J.D. Carlson (CFO)
Products	Transportation Services
Services	Financial services, Repair
Revenue	US$ 17.2 billion (2014)
Operating income	$ 504.1 million (2014)
Net income	$ 290.1 million (2014)
Total assets	$ 7.228 billion (2014)
Total equity	$ 1.681 billion (2014)
Parent	Penske Corporation
Divisions	Sytner Group; Premier Truck Group; Penske Commercial Vehicles; Penske Power Systems
Website	PenskeAutomotive.com

Penske Automotive Group, 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 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 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

• Sytner Group operations in the United Kingdom
• Penske Corporation
• Premier Truck Group
• Penske Commercial Vehicles
• Penske Power Systems

Further reading

• Fortune 500: Penske Automotive Group