Penske Automotive Group, Inc.
Penske Automotive Group (PAG) has lots of lots. The US' #2 publicly traded auto dealer, behind AutoNation, PAG operates about 180 auto franchises from California to New York and Puerto Rico, and another 174 franchises abroad, mainly in the UK. It sells more than 40 car brands. Non-US brands, including AUDI, BMW, and Honda, generate roughly 70% of sales. PAG also sells used vehicles, provides financing, and runs about 30 collision repair centers. UK subsidiary Sytner Group operates more than 100 franchises, selling 20 brands of mostly high-end models. Additionally, PAG holds a 9% stake in Penske Truck Leasing (PTL), known for commercial leasing, rental, and contract maintenance. Chairman Roger Penske leads PAG.
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