Penske Corporation Information

Penske Automotive Group, Inc. operates as a transportation services company. The company operates through Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments segments. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. The company engages in the sale of new and used motor vehicles; and related products and services, such as vehicle service and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products. Further, the company distributes commercial vehicles and parts to a network of more than 70 dealership locations, including 6 company-owned retail commercial vehicle dealerships. As of December 31, 2016, it operated 355 automotive retail franchises, of which 164 franchises are located in the United States; and 191 franchises are located outside of the United States primarily in the United Kingdom. The company also operates 14 dealerships locations of heavy and medium duty trucks primarily under Freightliner and Western Star brand names, as well as offers a range of used trucks, and service and parts. Penske Automotive Group, Inc. is headquartered in Bloomfield Hills.