PAG Stock Discussion

Penske Automotive Group, Inc. Description

Penske Automotive Group, Inc. operates as an automotive retailer. The company operates in two segments, Retail and Other. It sells new and used motor vehicles of approximately 41 brands. The company also offers vehicle maintenance and repair services; and 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. As of March 5, 2013, it operated 344 retail automotive franchises, of which 170 franchises were located in 18 states and Puerto Rico; and 171 franchises were located outside the United States, primarily in the United Kingdom. The company also has operations in Germany and Italy. Penske Automotive Group, Inc. was founded in 1990 and is headquartered in Bloomfield Hills, Michigan.

Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
Keywords: Insurance Products Motor Vehicles Automotive Products Automotive Retail Automotive Retailer Vehicle Maintenance Bloomfield Hills