Penske Automotive
About
Penske Automotive Group is a renowned organization offering a diverse range of automotive solutions to customers worldwide. Our family of brands includes Sytner Group, Premier Truck Group, CarShop, Penske Transportation Solutions, Penske Australia and New Zealand, Penske Italy, Penske Sportwagen Hamburg, Jacobs Gruppe, and Nicole Group, each catering to unique automotive needs in different regions.
Sytner Group, operating in the UK with CarShop and Agnew Group in Northern Ireland, boasts of being one of the largest automotive retail chains representing luxurious brands. With over 150 dealerships and showcasing 23 different brands, Sytner Group employs nearly 10,000 individuals dedicated to providing exceptional service.
Premier Truck Group offers a premium selection of commercial vehicles, both new and previously owned, along with parts, accessories, and maintenance services across North America and Canada. CarShop, on the other hand, specializes in providing high-quality used vehicles with transparent pricing and a seamless online shopping experience.
Penske Transportation Solutions encompasses Penske Truck Leasing, Penske Logistics, Epes Transport Systems, Penske Vehicle Services, and related businesses, offering innovative transportation and supply chain solutions globally. Additionally, Penske operates in Australia and New Zealand, distributing commercial vehicles and providing rental and leasing services.
Penske Italy has established itself as a leading car dealership group in the premium luxury segment, representing top brands like Audi, BMW, Maserati, and more. Penske Sportwagen Hamburg is the authorized dealer for Ferrari and Lamborghini, while Jacobs Gruppe and Nicole Group are prominent automotive trade groups in Germany and Japan, respectively.
With a wide array of brands available through our national network of dealerships, Penske Automotive Group is committed to offering top-notch automotive solutions to customers worldwide. Our dedication to corporate responsibility, sustainability, and customer satisfaction drives us to continue providing exceptional service in the automotive industry.
Join us in exploring the world of automotive excellence through Penske Automotive Group and experience the best in cars, trucks, SUVs, and more. Connect with us on social media, visit our website, or reach out to us for any automotive needs or inquiries.
Growth
Penske Automotive Group, Inc. is an established enterprise in the transportation services industry with a strong presence globally. The company has expanded its dealership operations in multiple countries, including the United States, the United Kingdom, Canada, Germany, and Italy, showcasing a mature growth stage. With a focus on commercial trucks and vehicles, Penske Automotive has solidified its position as one of the largest retailers in North America. The company's diversification into distributing commercial vehicles, engines, and power systems in Australia and New Zealand highlights its stable growth trajectory.
Achievements
Penske Automotive Group has achieved significant milestones in its history, including the acquisition of additional Porsche dealership in Melbourne, Australia, demonstrating strategic expansion efforts. The company's decision to increase its dividend by 11% to $1.19 reflects strong financial performance and shareholder value creation. Additionally, Penske Automotive's recognition as a top company for women to work in the transportation industry highlights its commitment to diversity and inclusion, reinforcing its position as an employer of choice.
Case Studies
Penske Automotive Group has been involved in notable projects, such as acquiring additional Porsche dealerships and maintaining a strong presence in the commercial truck retail sector. These initiatives have contributed to the company's market leadership and revenue growth. The focus on supporting service members, promoting breast cancer awareness, and showcasing women in leadership roles reflects Penske Automotive's dedication to philanthropy, employee well-being, and diversity in the workplace.
Key Events
Key events in Penske Automotive Group's recent history include reporting quarterly financial results, signing agreements for dealership acquisitions, increasing dividends, and scheduling important conference calls. These events demonstrate the company's financial performance, strategic growth initiatives, and commitment to shareholder value. Moreover, Penske Automotive's recognition as a top company for women in transportation, its support for service members, and initiatives for breast cancer awareness highlight its social impact and community engagement efforts.
Socials
Website
Founded
1990
Operating Status
Active
Industry
Automotive
headquarters
2555 Telegraph Rd., Bloomfield Hills, MI 48302, Bloomfield Hills United States
Address
Country
United States
Employees
10000
Key People
Revenue
['US$ 1B and above']
Operating Income
Stock Price
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Penske Automotive
-
Website
-
Founded
1990
-
Industry
Automotive
-
Headquarters
2555 Telegraph Rd., Bloomfield Hills, MI 48302, Bloomfield Hills United States
-
Country
United States
-
Number of employees
10000+
-
Revenue
['US$ 1B and above']
About Penske Automotive
Penske Automotive Group is a renowned organization offering a diverse range of automotive solutions to customers worldwide. Our family of brands includes Sytner Group, Premier Truck Group, CarShop, Penske Transportation Solutions, Penske Australia and New Zealand, Penske Italy, Penske Sportwagen Hamburg, Jacobs Gruppe, and Nicole Group, each catering to unique automotive needs in different regions.
Sytner Group, operating in the UK with CarShop and Agnew Group in Northern Ireland, boasts of being one of the largest automotive retail chains representing luxurious brands. With over 150 dealerships and showcasing 23 different brands, Sytner Group employs nearly 10,000 individuals dedicated to providing exceptional service.
Premier Truck Group offers a premium selection of commercial vehicles, both new and previously owned, along with parts, accessories, and maintenance services across North America and Canada. CarShop, on the other hand, specializes in providing high-quality used vehicles with transparent pricing and a seamless online shopping experience.
Penske Transportation Solutions encompasses Penske Truck Leasing, Penske Logistics, Epes Transport Systems, Penske Vehicle Services, and related businesses, offering innovative transportation and supply chain solutions globally. Additionally, Penske operates in Australia and New Zealand, distributing commercial vehicles and providing rental and leasing services.
Penske Italy has established itself as a leading car dealership group in the premium luxury segment, representing top brands like Audi, BMW, Maserati, and more. Penske Sportwagen Hamburg is the authorized dealer for Ferrari and Lamborghini, while Jacobs Gruppe and Nicole Group are prominent automotive trade groups in Germany and Japan, respectively.
With a wide array of brands available through our national network of dealerships, Penske Automotive Group is committed to offering top-notch automotive solutions to customers worldwide. Our dedication to corporate responsibility, sustainability, and customer satisfaction drives us to continue providing exceptional service in the automotive industry.
Join us in exploring the world of automotive excellence through Penske Automotive Group and experience the best in cars, trucks, SUVs, and more. Connect with us on social media, visit our website, or reach out to us for any automotive needs or inquiries.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
