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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]
January 6, 2024 at 6:05 AM. Bloomfield Hills-based Penske Automotive Group is facing a shareholder lawsuit over a claim that its board blew $1 billion on stock buybacks that gave Roger Penske sole ...
Let's see if Penske Automotive Group, Inc. (PAG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
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 ...
How do we determine whether Penske Automotive Group, Inc. (NYSE:PAG) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world ...
Website. www.gopenske.com. 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. It is Penske’s flagship and best known division.
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The stock of Penske Automotive Group (NYSE:PAG, 30-year Financials) gives every indication of being significantly overvalued, according to GuruFocus Value calculation.