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Penske Automotive Group
Founded by : Marshall Cogan, 1 January 1990
About the Company
Penske Automotive Group, Inc. is a publicly traded, international transportation services company that operates a network of dealerships worldwide. Founded in 1990, Penske Automotive Group specializes in selling new and used vehicles from top brands such as BMW, Ferrari, Porsche, and Toyota. In addition to automotive sales, the company also provides repair and maintenance services, financing options, and extended warranties. Penske Automotive Group has over 300 retail locations and employs over 27,000 people, making it one of the largest automotive retailers in the world. The company has been recognized for its commitment to sustainability, including a goal to reduce its carbon footprint by 15% by 2025.
Industry Type
According to the GICS (Global Industry Classification Standard) version of March 2023, Penske Automotive Group’s industry classification falls within the following categories:
- Sector: Consumer Discretionary
- Industry group: Consumer Discretionary Distribution & Retail
- Industry: Specialty Retail
- Sub-Industry: Automotive Retail
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Company Address
2555 Telegraph Road Bloomfield Hills, MI 48302-0954 United States
Source : Google maps