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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 Corporation. Penske Corporation, Inc. (/ pɛn.skiː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. 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 ...
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.
Penske Automotive Group is a publicly traded company that operates multiple-franchise auto and truck dealerships in mostly the U.S. and Europe and had nearly $28 billion in revenue in 2022 and ...
The CCC figure for Penske Automotive Group for the trailing 12 months is 60.1. For younger, fast-growth companies, the CCC can give you valuable insight into the sustainability of that growth. A ...
Margins matter. The more Penske Automotive Group (NYS: PAG) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
Penske Motor Group is an El Monte, California, U.S. –based, subsidiary of Penske Corporation, managed by Gregory Penske. The group operates three automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area and Lexus of Stevens Creek in the San Francisco Bay Area. It also operates one dealership in Texas ...
Penske offers transportation services with a fleet of over 446,000 vehicles. The company uses AI platforms that predict issues and recommend efficient vehicle repairs.