Penske Automotive Group, Inc.

What does Penske Automotive own?

Penske Automotive Group owns franchised dealerships across the US and internationally, Premier Truck Group, Sytner Group in the UK, Penske Motor Group, and a 28.9% stake in Penske Transportation Solutions, the truck leasing joint venture.

Is Penske Automotive publicly traded?

Yes. It trades on the New York Stock Exchange under ticker PAG and has been public since 1999.

Who founded Penske Automotive?

Roger Penske, the motorsport legend, founded the business. He serves as Chairman and remains the largest individual shareholder.

Where is Penske Automotive headquartered?

Bloomfield Hills, Michigan, USA, in the Detroit metropolitan area.

How many brands does Penske own?

Penske operates primarily under its regional dealership names plus Premier Truck Group, Sytner, Penske Motor Group, and CarShop in the UK.

Who owns Penske Automotive?

Penske is publicly traded with no controlling corporate owner. Roger Penske and affiliated Penske entities hold the largest insider stake.

How large is Penske Automotive?

For 2025, Penske generated $31.8 billion in revenue, $935 million in net income, delivered more than 504,000 vehicles and trucks, and employed approximately 29,000 people.

The business grew out of Roger Penske's automotive retail interests. Penske built his name in motorsport, founding Penske Racing in 1968, then parlayed the brand into businesses spanning racing, truck leasing, and automotive retail. The public company took shape in the 1990s, going public in 1999 and growing through steady acquisition of dealer groups across the United States and abroad.

The 2000s and 2010s established the international footprint: the UK Sytner Group acquisition in 2002, expansion into Germany and Italy, and Australian distribution operations. The company also built the commercial truck side, assembling Premier Truck Group into one of the largest Freightliner dealer networks in North America.

The 2020s have been about portfolio refinement rather than pure growth. During 2024 and 2025 Penske divested 23 non-strategic dealerships representing approximately $700 million in revenue while acquiring higher-quality franchises including Toyota and Lexus stores carrying roughly $2 billion in annualized revenue. In 2025 the company also consolidated Penske Motor Group, Roger Penske's affiliated private dealer group, under common-control accounting.

Roger Penske, now in his late eighties, remains Chairman and the company's dominant figure and largest individual shareholder.

Penske publishes a corporate responsibility report covering dealership energy efficiency, technician workforce development, and EV retail readiness, but holds no third-party environmental certifications. Its labor record is the conventional auto retail mix of franchise technician hiring and dealership management, with no material ESG controversies on record.

Penske has ranked on the Fortune 500 for decades, holds the top position among publicly traded dealer groups in several industry rankings by revenue, and appears routinely on Automotive News lists of the largest dealer groups. The company's recognition is primarily volume-and-scale based rather than award-program driven.

Penske's public record is comparatively clean for a retailer of its size. The company has disclosed ordinary dealership litigation and FTC-related industry scrutiny around dealer fees and advertising practices that applies to all major dealer groups, with no material enforcement action recorded against it as of September 2026.

The Penske Transportation Solutions relationship is the quiet differentiator. The 28.9% stake in the truck leasing joint venture, operated with Mitsui and GE Capital successors, contributed $192.8 million of equity earnings in 2025, a second profit engine that no pure dealership rival shares. The relationship also creates cross-selling synergies between the retail truck business and the leasing arm that competitors cannot replicate.