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Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] 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. [3]
Penske and Dallara Indy cars on display at the Penske Racing Museum in Scottsdale, Arizona Opened in 2002, the Penske Racing Museum in Scottsdale , Arizona, is located within a complex of Penske Automotive Group car dealerships at the Scottsdale 101 Auto Collection.
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 Truck Leasing Co., L.P. is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. Headquartered in Reading, Pennsylvania , the company was founded by Team Penske owner Roger Penske on December 1, 1969.
Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing, transportation, logistics, and motorsports industries. Penske operates in over 3,200 locations and employs more than 70,000 people globally. [2]
Number of employees. 21,150 (2022) ... It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive ...
Fender Musical Instruments Corporation (Scottsdale) Forever Living Products (Scottsdale) FreeLife (Phoenix) Four Peaks Brewery (Tempe) Fry's Food and Drug (Tolleson) Fulton Homes (Tempe) Grand Canyon University (Phoenix) Harkins Theatres (Scottsdale) Hensley & Co. (Phoenix) JDA Software Group (Scottsdale) Kahala Brands (Scottsdale) Keap ...
In 2006 the group completed the development of a Bentley, Lexus and Lamborghini dealership at Fort Dunlop, Birmingham. [11] In February 2013, the group reported record revenues of £3Bn, after the purchase major Northern Ireland motor retailer Isaac Agnew. [3] July 2016 saw the Group acquire a further 11 dealerships, this time from CJ Automotive.