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Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
Penske Corporation, Inc. ( / pɛn.skiː /) is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing, transportation, logistics ...
Roger Searle Penske (born February 20, 1937) is a retired American professional auto racing driver, team owner and businessman. Penske is most known for his ownership of Team Penske, the Indianapolis Motor Speedway, IndyCar, and other auto racing-related businesses. Penske is the founder and chairman of the Penske Corporation, a holding company ...
Penske Automotive Group is a publicly traded company that operates multiple-franchise auto and truck dealerships in mostly the U.S. and Europe and had nearly $28 billion in revenue in 2022 and ...
Tim Cindric, who oversees all of Team Penske’s operations and is the strategist for Indy 500 defending winner Josef Newgarden, is the top name to receive a two-race suspension.
JENNA FRYER. May 7, 2024 at 3:36 PM. Roger Penske took a tough stance this week by suspending two senior leaders and two engineers ahead of the Indianapolis 500 as punishment for a cheating ...
Website. www.gopenske.com. Penske Truck Leasing Co., L.P. is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. Headquartered in Reading, Pennsylvania, the company was founded by Team Penske owner Roger Penske on December 1, 1969. It is Penske’s flagship and best known division. The firm serves customers in North ...
Updated July 18, 2024 at 2:59 PM. Penske Automotive Group has acquired Bill Brown Ford in Livonia, a deal the Bloomfield Hills-based company said is expected to add about $550 million in ...
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