Search results
Results from the WOW.Com Content Network
For premium support please call: 800-290-4726 more ways to reach us
Bloomfield Hills-based Penske Automotive Group said the acquisition of Bill Brown Ford is expected to add about $550 million in annualized revenue.
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]
As of October 2023, Penske's estimated net worth is $3.8 billion. [16] Penske (right) with President Donald Trump (center) and racing driver Joey Logano (left) on the White House south lawn in 2019. Penske Racing donated $500,000 to Restore Our Future, Mitt Romney's Super PAC. [17]
For premium support please call: 800-290-4726 more ways to reach us
Penske Auto Centers – A former subsidiary that had operated auto repair centers within selected Kmart stores from 1995 [8] [9] until 2002. [ 10 ] [ 11 ] VM Motori S.p.A. [ 12 ] – 50% was bought in 2003 and the rest in 2007, but a 51% stake was sold to Fiat S.p.A. in February 2011, and the remainder sold to Fiat in 2013.
Ford has paid a dividend for most -- but not all -- of its history as a public company. Image source: Ford Motor Company. Ford most recently cut its dividend in March 2020, when it was preparing ...
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 ...