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Penske Motor Group's flagship dealership is Longo Toyota in El Monte, California, the largest car dealership in the world at over 50 acres (200,000 m 2). [1] In addition to Toyota sales and service facilities, the El Monte dealership campus also includes a Starbucks , Subway restaurant, Verizon Wireless store, Enterprise Rent-A-Car agency, and ...
Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [3] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, 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. [4]
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Penske Automotive Group (PAG), a chain of car dealerships, reached an agreement with Japan's Nissan Motors (NSANY) to sell a Nissan-made small car in the U.S. market under the Smart brand name.
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On Tuesday, Penske Automotive Group announced that it has signed a franchise agreement giving it control over multiple Hertz car-rental locations in the state of Indiana. Specifically, Penske says ...
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