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Corporate Profile

Penske Automotive Group is an international transportation services company operating automotive dealerships, commercial vehicle distribution and car rental franchises principally in the United States, Western Europe, Australia and New Zealand, employing approximately 19,900 people worldwide and is a member of the Fortune 500 and Russell 2000.

Please refer to our filings with the Securities and Exchange Commission for further information.

Recent NewsMore >>
DateTitle 
10/01/2014Penske Automotive Completes MTU-Detroit Diesel Australia Acquisition
BLOOMFIELD HILLS, Mich., Oct. 1, 2014 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has completed the acquisition of MTU Detroit Diesel Australia ("MTU-DDA") from Daimler AG and MTU Friedrichshafen (an affiliate of Rolls-Royce Power Systems).  MTU-DDA is expected to contribute an estimated $225 - $250 million in annualized revenue to Penske Automotive Group.  The purchase price was financed using available cas... 
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09/15/2014Penske Automotive To Expand Presence In Australia
Adds engine and power system distribution to complement existing truck distribution business BLOOMFIELD HILLS, Mich., Sept. 15, 2014 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has signed an agreement to acquire MTU Detroit Diesel Australia ("MTU-DDA"), a leading distributor of the world's finest diesel and gas engines and power systems, operating across the on- and off-highway markets in Australia, New... 
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08/12/2014Penske Opens First Truck Rental Location in Australia
READING, Pa., Aug. 12, 2014 /PRNewswire/ -- Brisbane, Australia-based Penske Commercial Vehicles has announced a new venture with U.S.-based Penske Truck Leasing, Co., L.P. to offer commercial truck rental services in Australia. The venture, Penske Commercial Leasing Australia will operate under the brand name Penske Truck Rental. The collaboration combines Penske Truck Leasing's fleet operations expertise with the market knowledge of Penske Commercial Vehicles. Penske Commercial Vehicles, ... 
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07/30/2014Penske Automotive Reports Record Results
Most Profitable Quarter in Company History BLOOMFIELD HILLS, Mich., July 30, 2014 /PRNewswire/ -- Second Quarter 2014 Six Months 2014 Revenue Increases 21.4% to $4.4 Billion Revenue Increases 21.1% to $8.5 Billion Same-store Retail Revenue Increases 12.7% Same-store Retail Revenue Increases 13.8% Income from Continuing Opera... 
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