Penske Automotive Group, Inc. PAG

PAG Company Overview

Penske Automotive Group, Inc. (“PAG”) is a diversified international transportation services company primarily engaged in automotive and commercial truck retailing, vehicle distribution, and transportation-related services. The company operates in the automotive retail and commercial transportation industries through a portfolio of dealership franchises, truck dealerships, vehicle distribution businesses, and mobility-related operations. PAG generates most of its revenue through new and used vehicle sales, commercial truck sales, finance and insurance products, service and parts operations, and fleet-related transportation services.

PAG’s core business lines include premium automotive retail dealerships, commercial truck retail operations, and vehicle distribution activities. The company represents a wide range of automotive manufacturers, with significant exposure to luxury and import brands including BMW, Mercedes-Benz, Audi, Porsche, and Lexus. Through Premier Truck Group, PAG also operates one of the largest Freightliner and Western Star truck dealership networks in North America. The company traces its origins to Penske Corporation and was incorporated in 1990 before becoming publicly traded in 1997. Over time, it expanded from U.S.-focused automotive retailing into a multinational transportation services company with operations across North America, Europe, Australia, and parts of Asia-Pacific.