PAG 📈 Penske Automotive - Overview

Penske Automotive Group, Inc. is a diversified transportation services company with a global presence, operating a wide range of automotive and commercial truck dealerships. The company's operations are segmented into four key areas: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments, allowing for a focused approach to each market. Through its Retail Automotive segment, the company operates dealerships in partnership with various automotive manufacturers and distributors, offering a broad selection of new and used vehicles to customers. Additionally, the company provides a range of services, including maintenance and repair, as well as the sale and placement of third-party finance and insurance products, and extended service and maintenance contracts.

The company's Retail Commercial Truck segment is also a significant contributor to its operations, with a heavy and medium duty truck dealership offering Freightliner and Western Star branded trucks, along with a selection of used trucks. This segment caters to the needs of commercial customers, providing them with a one-stop solution for their trucking requirements. Furthermore, Penske Automotive Group, Inc. is involved in the import and distribution of Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles, along with associated parts. The company also distributes diesel and gas engines, and power systems, further expanding its product offerings.

With a history dating back to 1990, Penske Automotive Group, Inc. has established itself as a leading player in the automotive retail industry. Headquartered in Bloomfield Hills, Michigan, the company is a subsidiary of Penske Corporation, Inc. and is listed on the New York Stock Exchange (NYSE) under the ticker symbol PAG. As a publicly traded company, Penske Automotive Group, Inc. is committed to delivering value to its shareholders, while also providing high-quality products and services to its customers. The company's website, https://www.penskeautomotive.com, provides further information on its operations, products, and services.

From a financial perspective, Penske Automotive Group, Inc. is classified as a common stock, with the ISIN code US70959W1036. The company is also categorized under the GICS Sub Industry: Automotive Retail, reflecting its focus on the retail automotive market. With a diversified portfolio of brands and services, Penske Automotive Group, Inc. is well-positioned to capitalize on opportunities in the automotive industry, while also navigating the challenges of a rapidly evolving market landscape. The company's commitment to customer satisfaction, combined with its operational expertise and financial discipline, has enabled it to maintain a strong market presence over the years.