Penske Automotive Group focuses on strategic growth by expanding its operations through acquisitions and forming new subsidiaries. This approach allows the company to strengthen its offerings, improve product quality, and embrace emerging technologies. By continuously adapting to market trends and investing in innovation, Penske ensures it meets customer needs while staying ahead in the competitive automotive industry.
List of Penske Automotive Group Acquisitions
S. No. | Acquiree Name | Announced Date | Price |
1 | Porsche Centre Melbourne | Oct 23, 2024 | – |
2 | Bill Brown Ford | Jul 16, 2024 | – |
3 | Rybrook Holdings | Dec 11, 2023 | – |
4 | Porsche Wilmington | Aug 11, 2023 | – |
5 | BMW of Wilmington | Aug 11, 2023 | – |
6 | Transolutions Truck Centres | Jun 05, 2023 | – |
7 | Mccoy Freightliner | Nov 16, 2021 | – |
8 | Kansas City Freightliner | Apr 13, 2021 | – |
9 | Schumacher European | Apr 10, 2017 | – |
10 | CarSense | Dec 01, 2016 | – |
11 | Harper Truck Centres | Apr 12, 2016 | – |
12 | Schneider Nelson Auto Group | Nov 18, 2015 | – |
13 | Premier Truck Group | Nov 04, 2014 | – |
14 | MTU Detroit Diesel Australia | Oct 01, 2014 | – |
15 | Western Star Trucks | Aug 30, 2013 | – |
List of Penske Automotive Group Subsidiaries
The table contains the list of Penske Automotive Group subsidiaries –
S. No. | Company | Country |
1 | MAN Automotive Imports Pty Ltd | Australia |
2 | Penske Australia Pty Ltd | Australia |
3 | Penske Commercial Vehicles Pty Ltd | Australia |
4 | PPS Holdings Australia Pty Ltd | Australia |
5 | PAG Canadian Holdings ULC | British Columbia |
6 | Maranello Holdings Ltd | England & Wales |
7 | PAG International Ltd | England & Wales |
8 | Goodman Retail Limited | England & Wales |
9 | Sytner Group Limited | England & Wales |
10 | Audi Zentrum Aachen Jacobs Auto GmbH | Germany |
11 | Jacobs Auto Laurensberg GmbH | Germany |
12 | Jacobs Holding GmbH | Germany |
13 | Penske Automotive Europe GmbH | Germany |
14 | Volkswagen Zentrum Aachen (VW) GmbH | Germany |
15 | Dan Young Chevrolet Inc | Indiana |
16 | PAG Italy Srl | Italy |
17 | Nicole Racing Japan LLC | Japan |
18 | Tamburro Enterprises Inc | Nevada |
19 | Penske Commercial Vehicles Investments NZ Pty Ltd | New Zealand |
20 | Penske New Zealand | New Zealand |
21 | Penske Power Systems Pty Ltd | New Zealand |
22 | Isaac Agnew (Holdings) Limited | Northern Ireland |
23 | Carshop Holdings LLC | USA |
24 | Classic Auto Group Inc | USA |
25 | DiFeo Partnership LLC | USA |
26 | Landers Auto Sales LLC | USA |
27 | Late Acquisition 1 LLC | USA |
28 | PAG Atlanta Management LLC | USA |
29 | PAG Greenwich Holdings LLC | USA |
30 | PAG Orlando Limited LLC | USA |
31 | PAG West LLC | USA |
32 | Penske Commercial Vehicles US LLC | USA |
33 | SDG Automotive Investments LLC | USA |
34 | UAG Caribbean Inc | USA |
35 | UAG Classic Inc | USA |
36 | UAG Connecticut I LLC | USA |