Penske Automotive Group Related Content

Penske Transportation Solutions Records 53% Increase in Q3 Earnings

Penske Transportation Solutions recorded $64.5 million in earnings in Q3/20 and $108 million in earnings year to date compared with $42.2 million and $106 million, respectively, for the same periods last year. read more

GE Sells Remaining Equity Stake in Penske Truck Leasing

GE sold its remaining 15.5% equity stake in Penske Truck Leasing to Penske Automotive Group and MBK USA Commercial Vehicles. Total proceeds are approximately $674 million. read more

GE Sells Stake in Penske Truck Leasing to Penske Automotive Group

GE signed and closed the sale of a 14.4% limited partner interest in Penske Truck Leasing to Penske Automotive Group. The sale represents ending net investment of approximately $0.4 billion and leaves GE with a 15.5% limited partner interest in the business. read more

Penske Automotive Group Acquires Harper Truck Centres

Penske Automotive Group’s Premier Truck Group subsidiary completed the acquisition of Harper Truck Centres, a commercial truck dealership group located in Ontario, Canada.  read more

Penske Names Shearing President, Commercial Vehicles

Penske Automotive Group announced it renamed its U.S.-based commercial vehicle dealership business Penske Commercial Vehicles, US, and that Richard Shearing joined the organization as its president. read more

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