Penske Automotive Group, Inc. PAG

What this company does

Penske Automotive Group operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan and Australia. In 2025 the business generated $31.8 billion in total revenue, of which approximately $27.5 billion came from retail automotive dealerships, $3.4 billion from retail commercial truck dealerships and $922.6 million from commercial vehicle distribution and other operations. As of December 31, 2025 it employed over 27,700 people, approximately 736 of whom were covered by collective bargaining agreements with labor unions. At that date it operated 365 retail automotive franchised dealerships, 148 of them in the United States and 217 outside the United States, principally in the United Kingdom. The company also operates Premier Truck Group, a heavy- and medium-duty retail truck dealership group offering primarily Freightliner and Western Star trucks across 10 U.S. states and the Canadian provinces of Ontario and Manitoba. Penske Australia is the exclusive importer and distributor of Western Star heavy-duty trucks, MAN trucks and buses and Dennis Eagle refuse collection vehicles, together with associated parts, across Australia, New Zealand and portions of the Pacific. It holds a 28.9% ownership interest in Penske Truck Leasing Co., L.P., which it accounts for under the equity method. The company incorporated in the state of Delaware in 1990 and began dealership operations in October 1992.

Written from the business description in PENSKE AUTOMOTIVE GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.