Campus Features an Audi and a Mercedes-Benz Dealership
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
Penske Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, today announced the opening of an Audi and a Mercedes-Benz
dealership on a premium/luxury campus in Chantilly, Virginia. Awarded as
open points by Audi USA and Mercedes-Benz USA, these dealerships will
serve the rapidly expanding Northern Virginia and Washington, D.C.,
metropolitan markets. These new dealerships complement the company’s
existing Audi and Mercedes-Benz dealerships in Tysons Corner, Virginia,
which are located approximately sixteen miles east of Chantilly.
The dealerships are located on a ten-acre site near Dulles Airport. AudiChantilly features a 29,500-square-foot sales and service facility,
while Mercedes-Benz of Chantilly features 40,000 square feet of
facilities, including sales and service for the Mercedes’ Sprinter
brand. On a combined basis, these dealerships add 44 additional service
bays to service the growing units in operation in these markets.
Bernie Wolfe, Executive Vice President for PAG’s Eastern Operations,
said, “We are thrilled with the opportunity to expand our presence with
the Audi and Mercedes-Benz brands in these important markets. The
facilities were built to showcase the unique attributes of each brand,
and offer the latest features in customer care.”
The company estimates these two new dealerships will generate
approximately $70 million in combined annualized revenue. Penske
Automotive Group operates ten Audi and eight Mercedes-Benz dealerships
in the United States.
About Penske Automotive
Penske
Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan,
operates 324 retail automotive franchises, representing over 40
different brands and 25 collision repair centers. Penske Automotive,
which sells new and previously owned vehicles, finance and insurance
products and replacement parts, and offers maintenance and repair
services on all brands it represents, has 172 franchises in 17 states
and Puerto Rico and 152 franchises located outside the United States,
primarily in the United Kingdom.
Penske Automotive, through its wholly-owned subsidiary smart
USADistributor LLC, is the exclusive distributor of the smart
fortwo vehicle and related parts in the United States. smart USA
supports over 75 smart retail centers in the United States. Penske
Automotive is a member of the Fortune 500 and Russell 1000 and has
approximately 14,100 employees. smart and fortwo are registered
trademarks of Daimler AG.
Source: Penske Automotive Group, Inc.
Contact:
Bob O’Shaughnessy
Executive Vice President - Finance
Penske
Automotive Group
248-648-2800
boshaughnessy@penskeautomotive.com
or
Anthony
R. Pordon
Senior Vice President
Penske Automotive Group, Inc.
248-648-2540
tpordon@penskeautomotive.com