Penske Automotive Group, Inc.
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- Penske Automotive Group, Inc. (NYSE: PAG) is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers headquartered in Bloomfield Hills, Michigan. The company operates franchised automotive dealerships principally in the United States, the United Kingdom, Canada, Germany, Italy, Japan and Australia; retails new and used vehicles of approximately 40 brands, vehicle maintenance and repair services, collision repair services, third-party finance and insurance products, extended service and maintenance contracts, replacement and aftermarket automotive products, and wholesale parts; operates commercial truck dealerships, including one of the largest Freightliner retailers in North America offering heavy- and medium-duty Freightliner and Western Star branded trucks as well as used trucks; and distributes and retails commercial vehicles, diesel and gas engines, power systems and related parts and services principally in Australia and New Zealand. PAG owns 28.9% of Penske Transportation Solutions, which manages a large fleet of trucks, tractors and trailers and provides transportation, supply chain and technology solutions primarily to North American customers. In November 2025, the company acquired four high-volume dealerships from Penske Motor Group for $519.4 million, including Longo Toyota (the largest Toyota dealer in the U.S.), Longo Lexus, Lexus Stevens Creek and Longo Toyota of Prosper, adding an estimated $1.5 billion in annualized revenue and expanding its presence in California and Texas; recent acquisitions also include Porsche Centre Melbourne in October 2024 and Bill Brown Ford in July 2024. PAG employs over 28,300 people worldwide and is a member of the Fortune 500, S&P Mid Cap 400, Russell 1000 and Russell 3000 indexes.
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