S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
$215.16
+1.7%
$216.97
$178.40
$256.39
$4.34B1.18164,919 shs157,031 shs
OPENLANE, Inc. stock logo
KAR
OPENLANE
$17.00
-0.5%
$16.11
$12.86
$17.70
$1.84B1.45731,563 shs1.06 million shs
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$260.84
+0.2%
$286.93
$206.69
$331.96
$7.18B1.58206,138 shs226,078 shs
Murphy USA Inc. stock logo
MUSA
Murphy USA
$417.40
+1.1%
$412.01
$267.61
$430.83
$8.69B0.76206,221 shs171,634 shs
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$147.94
+0.3%
$153.11
$133.72
$180.84
$9.92B1.19198,589 shs187,765 shs
A Guide To High-Short-Interest Stocks Cover

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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
-0.23%-4.10%+1.09%+3.44%+2.52%
OPENLANE, Inc. stock logo
KAR
OPENLANE
-0.32%-2.71%+3.61%+21.64%+25.44%
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
-0.40%-2.36%-8.69%-12.34%+17.44%
Murphy USA Inc. stock logo
MUSA
Murphy USA
-1.83%+0.64%+0.36%+12.80%+51.82%
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
-1.04%-2.01%-3.66%-2.62%+3.04%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
0.8723 of 5 stars
1.00.00.00.13.20.81.9
OPENLANE, Inc. stock logo
KAR
OPENLANE
4.1355 of 5 stars
2.32.00.02.42.93.33.1
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
4.5835 of 5 stars
4.20.03.30.53.10.83.1
Murphy USA Inc. stock logo
MUSA
Murphy USA
2.6349 of 5 stars
1.21.02.51.02.62.51.9
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
3.7894 of 5 stars
2.01.03.31.12.44.21.9

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
2.00
Hold$235.009.22% Upside
OPENLANE, Inc. stock logo
KAR
OPENLANE
2.50
Moderate Buy$19.5014.74% Upside
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
2.33
Hold$334.6028.28% Upside
Murphy USA Inc. stock logo
MUSA
Murphy USA
2.40
Hold$408.60-2.11% Downside
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
2.00
Hold$163.2010.31% Upside

Current Analyst Ratings

Latest MUSA, LAD, KAR, ABG, and PAG Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/19/2024
Murphy USA Inc. stock logo
MUSA
Murphy USA
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$440.00 ➝ $460.00
4/17/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$320.00 ➝ $297.00
4/10/2024
OPENLANE, Inc. stock logo
KAR
OPENLANE
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderperform ➝ Neutral$16.00 ➝ $20.00
4/10/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$380.00 ➝ $385.00
4/10/2024
Murphy USA Inc. stock logo
MUSA
Murphy USA
Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Overweight$470.00
4/10/2024
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$175.00 ➝ $180.00
2/29/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$440.00 ➝ $380.00
2/29/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderweight ➝ Underweight$220.00 ➝ $230.00
2/29/2024
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderweight ➝ Underweight$107.00 ➝ $115.00
2/21/2024
OPENLANE, Inc. stock logo
KAR
OPENLANE
Barrington Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ Outperform$25.00
2/15/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$300.00 ➝ $334.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
$14.80B0.29$38.77 per share5.55$157.65 per share1.36
OPENLANE, Inc. stock logo
KAR
OPENLANE
$1.65B1.12$1.96 per share8.66$12.28 per share1.38
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$31.04B0.23$46.75 per share5.58$227.70 per share1.15
Murphy USA Inc. stock logo
MUSA
Murphy USA
$21.53B0.40$36.58 per share11.41$38.96 per share10.71
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$29.53B0.34$18.24 per share8.11$70.75 per share2.09

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
$602.50M$28.607.526.80N/A4.07%21.68%7.87%4/25/2024 (Confirmed)
OPENLANE, Inc. stock logo
KAR
OPENLANE
-$154.10M-$1.83N/A17.000.93-9.37%7.49%2.11%5/1/2024 (Confirmed)
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$1.00B$36.287.196.322.173.22%17.33%5.65%4/24/2024 (Confirmed)
Murphy USA Inc. stock logo
MUSA
Murphy USA
$556.80M$25.5116.3614.87N/A2.59%70.92%13.12%5/1/2024 (Confirmed)
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$1.05B$15.489.5610.46N/A3.57%24.19%7.32%4/30/2024 (Confirmed)

Latest MUSA, LAD, KAR, ABG, and PAG Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/1/2024N/A
OPENLANE, Inc. stock logo
KAR
OPENLANE
$0.21N/A-$0.21N/AN/AN/A  
5/1/2024N/A
Murphy USA Inc. stock logo
MUSA
Murphy USA
$4.40N/A-$4.40N/AN/AN/A  
4/30/2024N/A
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$3.38N/A-$3.38N/AN/AN/A  
4/25/2024N/A
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
$7.76N/A-$7.76N/AN/AN/A  
4/24/2024N/A
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$8.06$8.12+$0.06N/AN/AN/A  
2/20/2024Q4 2023
OPENLANE, Inc. stock logo
KAR
OPENLANE
$0.13$0.16+$0.03$0.30$392.56 million$391.30 million    
2/14/202412/31/2023
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$8.11$8.24+$0.13$8.74$7.95 billion$7.67 billion    
2/8/2024Q4 2023
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
$7.74$7.12-$0.62$11.54$3.70 billion$3.81 billion    
2/7/2024Q4 2023
Murphy USA Inc. stock logo
MUSA
Murphy USA
$5.79$7.00+$1.21$7.00$5.32 billion$5.07 billion    
2/7/2024Q4 2023
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$3.66$3.45-$0.21$4.06$7.18 billion$7.27 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
N/AN/AN/AN/AN/A
OPENLANE, Inc. stock logo
KAR
OPENLANE
N/AN/AN/AN/AN/A
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
$2.000.77%+16.32%5.51%14 Years
Murphy USA Inc. stock logo
MUSA
Murphy USA
$1.680.40%+83.71%6.59%5 Years
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
$3.482.35%+49.02%22.48%5 Years

Latest MUSA, LAD, KAR, ABG, and PAG Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/14/2024
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
Quarterly$0.500.66%3/7/20243/9/20243/22/2024
2/15/2024
Murphy USA Inc. stock logo
MUSA
Murphy USA
quarterly$0.420.4%2/23/20242/26/20243/7/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
0.96
1.06
0.45
OPENLANE, Inc. stock logo
KAR
OPENLANE
0.15
1.15
1.15
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
1.15
1.41
0.45
Murphy USA Inc. stock logo
MUSA
Murphy USA
2.15
0.95
0.56
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
0.30
1.00
0.25

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
N/A
OPENLANE, Inc. stock logo
KAR
OPENLANE
99.76%
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
N/A
Murphy USA Inc. stock logo
MUSA
Murphy USA
80.81%
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
77.08%

Insider Ownership

CompanyInsider Ownership
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
0.53%
OPENLANE, Inc. stock logo
KAR
OPENLANE
2.74%
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
1.79%
Murphy USA Inc. stock logo
MUSA
Murphy USA
9.04%
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
51.70%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Asbury Automotive Group, Inc. stock logo
ABG
Asbury Automotive Group
15,00020.17 million20.07 millionOptionable
OPENLANE, Inc. stock logo
KAR
OPENLANE
4,500108.05 million105.09 millionOptionable
Lithia Motors, Inc. stock logo
LAD
Lithia Motors
27,44627.53 million27.04 millionOptionable
Murphy USA Inc. stock logo
MUSA
Murphy USA
15,60020.81 million18.93 millionOptionable
Penske Automotive Group, Inc. stock logo
PAG
Penske Automotive Group
44,00067.05 million32.38 millionOptionable

MUSA, LAD, KAR, ABG, and PAG Headlines

SourceHeadline
Paralyzed Veterans of America receives $1.17 million donation from Penske Automotive Group and celebrates 10th year of partnershipParalyzed Veterans of America receives $1.17 million donation from Penske Automotive Group and celebrates 10th year of partnership
prnewswire.com - April 18 at 7:00 AM
Penske Automotive Group IncPenske Automotive Group Inc
morningstar.com - April 17 at 1:25 PM
PENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALLPENSKE AUTOMOTIVE GROUP SCHEDULES FIRST QUARTER 2024 FINANCIAL RESULTS CONFERENCE CALL
finance.yahoo.com - April 16 at 7:58 AM
Penske buys AU dealershipsPenske buys AU dealerships
premium.goauto.com.au - April 15 at 8:53 PM
Penske Automotive Group, Inc. (NYSE:PAG) Shares Acquired by International Assets Investment Management LLCPenske Automotive Group, Inc. (NYSE:PAG) Shares Acquired by International Assets Investment Management LLC
marketbeat.com - April 13 at 5:30 AM
Penske Automotive Group, Inc. (NYSE:PAG) Receives $168.20 Consensus PT from BrokeragesPenske Automotive Group, Inc. (NYSE:PAG) Receives $168.20 Consensus PT from Brokerages
americanbankingnews.com - April 13 at 1:28 AM
Penske Automotive Group (NYSE:PAG) PT Raised to $180.00 at Bank of AmericaPenske Automotive Group (NYSE:PAG) PT Raised to $180.00 at Bank of America
americanbankingnews.com - April 12 at 5:28 AM
Is Penske Automotive (PAG) Trading at Attractive Prices?Is Penske Automotive (PAG) Trading at Attractive Prices?
finance.yahoo.com - April 10 at 10:37 AM
Bank of America Increases Penske Automotive Group (NYSE:PAG) Price Target to $180.00Bank of America Increases Penske Automotive Group (NYSE:PAG) Price Target to $180.00
marketbeat.com - April 10 at 8:24 AM
Penske Automotive Group, Inc. (NYSE:PAG) Given Consensus Rating of "Reduce" by AnalystsPenske Automotive Group, Inc. (NYSE:PAG) Given Consensus Rating of "Reduce" by Analysts
marketbeat.com - April 10 at 8:15 AM
Penske Automotive to acquire Australian dealershipsPenske Automotive to acquire Australian dealerships
investing.com - April 9 at 11:37 PM
Penske Automotive to buy Porsche dealerships in AustraliaPenske Automotive to buy Porsche dealerships in Australia
autonews.com - April 9 at 6:37 PM
Penske (PAG) Signs Deal to Acquire 3 Dealerships in AustraliaPenske (PAG) Signs Deal to Acquire 3 Dealerships in Australia
zacks.com - April 9 at 8:51 AM
PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIAPENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA
finance.yahoo.com - April 8 at 5:33 PM
Is Penske Automotive Group, Inc.s (NYSE:PAG) 22% ROE Strong Compared To Its Industry?Is Penske Automotive Group, Inc.'s (NYSE:PAG) 22% ROE Strong Compared To Its Industry?
finance.yahoo.com - April 8 at 12:25 PM
5 Dividend Growth Stocks I’m Watching This Quarter5 Dividend Growth Stocks I’m Watching This Quarter
forbes.com - April 7 at 3:31 PM
Looking Into Penske Automotive Groups Recent Short InterestLooking Into Penske Automotive Group's Recent Short Interest
benzinga.com - April 3 at 2:21 PM
Penske Automotive Group: Despite Bottom Line Pain, Shares Look Attractively PricedPenske Automotive Group: Despite Bottom Line Pain, Shares Look Attractively Priced
seekingalpha.com - April 2 at 1:51 AM
Hennessy Advisors Inc. Sells 140,700 Shares of Penske Automotive Group, Inc. (NYSE:PAG)Hennessy Advisors Inc. Sells 140,700 Shares of Penske Automotive Group, Inc. (NYSE:PAG)
marketbeat.com - March 29 at 4:36 PM
Penske Automotive Group, Inc. (NYSE:PAG) Shares Sold by Vanguard Group Inc.Penske Automotive Group, Inc. (NYSE:PAG) Shares Sold by Vanguard Group Inc.
marketbeat.com - March 27 at 4:26 AM
Penske Automotive Groups (NYSE:PAG) five-year earnings growth trails the incredible shareholder returnsPenske Automotive Group's (NYSE:PAG) five-year earnings growth trails the incredible shareholder returns
finance.yahoo.com - March 22 at 8:21 AM
7,526 Shares in Penske Automotive Group, Inc. (NYSE:PAG) Bought by Teachers Retirement System of The State of Kentucky7,526 Shares in Penske Automotive Group, Inc. (NYSE:PAG) Bought by Teachers Retirement System of The State of Kentucky
marketbeat.com - March 20 at 4:47 AM
Insider Selling: Penske Automotive Group, Inc. (NYSE:PAG) Director Sells 1,600 Shares of StockInsider Selling: Penske Automotive Group, Inc. (NYSE:PAG) Director Sells 1,600 Shares of Stock
insidertrades.com - March 16 at 9:28 AM
Penske Automotive Group Inc.Penske Automotive Group Inc.
wsj.com - March 14 at 12:24 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Asbury Automotive Group logo

Asbury Automotive Group

NYSE:ABG
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.
OPENLANE logo

OPENLANE

NYSE:KAR
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Lithia Motors logo

Lithia Motors

NYSE:LAD
Lithia Motors, Inc. operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company's Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles. The company sells its products and services through the Driveway and Greencars brand names through a network of locations, e-commerce platforms, and captive finance solutions. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.
Murphy USA logo

Murphy USA

NYSE:MUSA
Murphy USA Inc. engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. Murphy USA Inc. was founded in 1996 and is headquartered in El Dorado, Arkansas.
Penske Automotive Group logo

Penske Automotive Group

NYSE:PAG
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.