# Penske Automotive Group

> Penske Automotive Group is a publicly traded, international transportation-services company built around automotive and commercial-truck retail. It sells new and used vehicles, finances purchases, maintains and repairs vehicles, distributes trucks and power systems, and holds a 28.9% interest in Penske Transportation Solutions. Its edge is a premium-heavy brand portfolio, broad geographic reach, recurring service-and-parts work, and exposure to fleet leasing and logistics beyond the showroom.

- **Founded:** 1990
- **Headquarters:** Bloomfield Hills, United States
- **Team size:** More than 28,800 employees worldwide as of July 2026
- **Products:** New vehicle retail, Used vehicle retail, Service, parts and collision repair, Finance and insurance, Commercial truck retail
- **Notable:** Member of the Fortune 500, S&P MidCap 400, Russell 1000 and Russell 3000 indexes., Operated 365 franchised automotive dealerships and 15 dedicated used-vehicle dealerships at year-end 2025., Retailed and wholesaled, including agency units, more than 583,000 vehicles in 2025.

## Products & services

- **New vehicle retail** — Sales and, in some markets, agency transactions for passenger vehicles through manufacturer-franchised dealerships, with a portfolio weighted toward premium brands.
- **Used vehicle retail** — Used vehicle sales through franchised dealerships and dedicated CarShop, Sytner Select and Penske Select locations, including online shopping and finance tools.
- **Service, parts and collision repair** — Maintenance, mechanical repair, manufacturer-reimbursed warranty work, collision repair, replacement parts and aftermarket accessories.
- **Finance and insurance** — Commissions on third-party financing and lease contracts plus sales of extended service contracts, insurance policies and related products.
- **Commercial truck retail** — New and used commercial truck sales, parts, maintenance and repair through Premier Truck Group, including Freightliner, Western Star, Isuzu and Rizon vehicles.
- **Commercial vehicle and power-system distribution** — Distribution and retail of commercial vehicles, diesel and gas engines, power systems and related parts and support, principally in Australia and New Zealand.
- **Fleet leasing, rental and logistics exposure** — A 28.9% equity interest in Penske Transportation Solutions, which provides full-service leasing, rental, contract maintenance, dedicated carriage and supply-chain services.

## Achievements

- Member of the Fortune 500, S&P MidCap 400, Russell 1000 and Russell 3000 indexes.
- Operated 365 franchised automotive dealerships and 15 dedicated used-vehicle dealerships at year-end 2025.
- Retailed and wholesaled, including agency units, more than 583,000 vehicles in 2025.
- Generated $31.8 billion of revenue and $935.4 million of net income attributable to common stockholders in 2025.
- Recorded $192.8 million of equity earnings from Penske Transportation Solutions in 2025.
- Reported record full-year retail automotive service and parts revenue in 2025.
- Numerous Penske locations appeared in Automotive News' Best Dealerships to Work For lists, including 44 locations in 2023.
- Announced its 23rd consecutive quarterly dividend increase in July 2026.

## Latest updates

- **2026-08** — The independent special committee retained Moelis & Company as financial adviser and Paul, Weiss as legal counsel for its review of the $210-per-share take-private proposal.
- **2026-07** — Second-quarter revenue rose 6% year over year to $8.5 billion; net income attributable to common stockholders was $260.4 million, while same-store automotive service-and-parts gross margin improved 80 basis points to 59.5%.
- **2026-07** — Penske Corporation and Mitsui submitted an unsolicited, preliminary and non-binding proposal to acquire the remaining shares they did not already own for $210 per share; a special committee is evaluating it.
- **2026-07** — The board announced the company's 23rd consecutive quarterly dividend increase.
- **2026-04** — First-quarter revenue was $7.86 billion, net income attributable to common stockholders was $234.5 million, and service-and-parts revenue reached a first-quarter record.
- **2026-04** — The company said completed acquisitions represented approximately $450 million in estimated annualized revenue.
- **2026-02** — Penske reported 2025 revenue of $31.8 billion, $935.4 million in net income attributable to common stockholders and record full-year service-and-parts revenue.
- **2025-11** — Penske acquired Penske Motor Group in a common-control transaction, adding Longo Toyota and three other Toyota and Lexus locations with expected annual revenue of about $1.5 billion.

## Links

- Website: https://www.penskeautomotive.com/
- LinkedIn: https://www.linkedin.com/company/penskeautomotive
- Twitter/X: https://x.com/penskecars
- YouTube: https://www.youtube.com/user/penskecars
- Instagram: https://www.instagram.com/penskecars/
- Facebook: https://www.facebook.com/PenskeCars/

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Published by YesPress — https://yespress.io
Last updated: 2026-08-11