Company Description
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide.
The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments.
It operates dealerships under franchise agreements with various automotive manufacturers and distributors.
The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts.
In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks.
Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts.
Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
| Country | United States |
| IPO Date | Oct 23, 1996 |
| Industry | Auto & Truck Dealerships |
| Sector | Consumer Discretionary |
| Employees | 28,000 |
| CEO | Roger S. Penske Sr. |
Contact Details
Address: 2555 Telegraph Rd Bloomfield Hills, Michigan 48302-0954 United States | |
| Phone | 248-648-2500 |
| Website | penskeautomotive.com |
Stock Details
| Ticker Symbol | PAG |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001019849 |
| CUSIP Number | 70959W103 |
| ISIN Number | US70959W1036 |
| Employer ID | 22-3086739 |
| SIC Code | 5500 |
Key Executives
| Name | Position |
|---|---|
| Roger S. Penske Sr. | Chairman and Chief Executive Officer |
| Robert H. Kurnick Jr. | President and Director |
| Michelle Hulgrave | Executive Vice President and Chief Financial Officer |
| Shane M. Spradlin | Executive Vice President, General Counsel and Secretary |
| Claude H. Denker III | Executive Vice President of Human Resources |
| Richard A. Hook | Executive Vice President and Chief Information Officer |
| Anthony R. Pordon | Executive Vice President of Investor Relations and Corporate Development |
| Tracy Cassady | Executive Vice President and Chief Marketing Officer |
| George W. Brochick | Executive Vice President of Strategic Development |
| Bernie Wolfe | Executive Vice President of Western Region U.S Operations |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 22, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 22, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 13, 2024 | 144 | Filing |
| Feb 16, 2024 | 144 | Filing |
| Feb 16, 2024 | 10-K | Annual Report |
| Feb 16, 2024 | 144 | Filing |
| Feb 7, 2024 | 8-K | Current Report |
| Jan 24, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Jan 24, 2024 | 8-K | Current Report |
| Jan 17, 2024 | 8-K | Current Report |