Penske Automotive Group (NYSE:PAG) (NYSE: PAG) is a global transportation services provider specializing in vehicle retailing, commercial vehicle distribution, and related aftermarket services. Through its network of franchised dealerships, the company sells new and used passenger cars, light trucks and commercial vehicles from a diverse array of automotive manufacturers. In addition to retail sales, Penske Automotive Group offers maintenance and repair services, parts and collision center operations, as well as vehicle financing, leasing and insurance solutions through captive and third-party providers.
Since its founding in 1990 as United Auto Group by Roger S. Penske, the company has expanded its footprint organically and through acquisition into core markets across North America, Europe and Asia. In 2010, it adopted the Penske Automotive Group name to align more closely with the Penske family of transportation businesses. Today, the company represents leading OEMs in the United States, United Kingdom, Germany, Spain, Italy, Canada and select Asian markets, operating both passenger and commercial vehicle sales outlets and distribution centers for major truck brands.
Under the leadership of Chairman and Chief Executive Officer Roger S. Penske, Penske Automotive Group focuses on customer experience and operational excellence. The executive team has prioritized investments in digital retailing platforms, data analytics and a seamless omnichannel buying process. By combining local dealership expertise with national-scale support services, the company aims to deliver consistent quality, drive market share growth and enhance long-term shareholder value.
