Penske Automotive Group, INC.
Company Profile
Penske Automotive Group, Inc. is a global transportation services company renowned for its operations in automotive retail, managing new and used dealerships. Located at Street 127e70ae, Bloomfield Hills, Michigan, USA, Penske Automotive Group, Inc. operates in the Motor Vehicle Dealers (New and Used) industry, aligned with SIC Code 5511. The company is registered as a corporation under the company number 455884679.
Penske Automotive Group, INC.
2555 S Telegraph Rd , 483020974, Bloomfield Hills
2248490
Corporation
1992
Ret new/used automobiles
Download sample.csvPenske Automotive Group, INC.
2555 S Telegraph Rd , 483020974, Bloomfield Hills
2248490
Corporation
1992
Ret new/used automobiles
The revenue of Penske Automotive Group, INC. is $27.8 billion
Penske Automotive Group, INC.: Revenue from 2017 to 2024
Revenue of Penske Automotive Group, Inc.: This data presents the revenue of Penske Automotive Group, Inc. from 2017 to 2023. In the fiscal year 2023/2024, Penske Automotive Group, Inc. recorded a revenue of $27.8 billion, showcasing its financial growth over recent years. Penske is a leader in the automotive industry, specializing in the retail of new and used automobiles. The company continues to expand its market presence in North America and beyond, driven by a commitment to excellence and customer satisfaction. With a substantial workforce of 25,000 employees, Penske Automotive Group, Inc. plays a pivotal role in the automotive retail sector.
Revenue per year in USD ($)
Show sourcesTop 5 companies in revenue in Motor Vehicle Dealers (New and Used) Worldwide
| Company name | Sales |
|---|---|
| Autonation, Inc. | $26.9 billion |
| Lithia Motors, Inc. | $31.0 billion |
| JAGUAR LAND ROVER AUTOMOTIVE PLC | $27.4 billion |
| Selfinvest ApS | $17.0 billion |
| Shaoguan Mingyang Guang'an Automotive Sales Service Co., Ltd. | $65.2 billion |
The number of employees of Penske Automotive Group, INC. is 25000-49999
Penske Automotive Group, INC.: Employees from 2017 - 2024
Employees at Penske Automotive Group, Inc.: Penske Automotive Group, Inc. now employs 22,065 people, reflecting the company’s significant presence.
Number of employees from 2017 to 2024
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The Industry of Penske Automotive Group, INC. is Motor Vehicle Dealers (New and Used)
Penske Automotive Group, INC. Industry Data:
Industry of Penske Automotive Group, Inc.: Penske Automotive Group, Inc. operates in the Motor Vehicle Dealers industry, specifically dealing with new and used automobiles. This industry corresponds to SIC Code 5511. The sector comprises companies focused on the retail trade of motor vehicles, including the sale of both new and pre-owned cars. These businesses typically engage in selling a variety of vehicle models and brands, providing customers with options for both purchasing and financing. Companies in this industry often also offer additional services such as vehicle maintenance and repair, enhancing the overall consumer experience in the automotive market.
Industry Statistics By Sic Code
Penske Automotive Group, INC. is operating in Sic Code:
Motor Vehicle Dealers (New and Used) (5511) - Representation of companies operating in North America and Usa
1327275
0.38% of companies worldwide
197796
0.29% of companies in USA
There are 1327275 companies operating in this industry worldwide.
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Penske Automotive Group, INC. owns 461 companies Worldwide
Number of companies owned by Penske Automotive Group, Inc.
Penske Automotive Group, Inc. established ownership in 1992 and belongs to a substantial network with connections to 461 companies. Registered as a leading business entity in the USA, this strong positioning enhances its industry impact, fostering growth and market engagement through its comprehensive corporate family. The expansive ownership structure of Penske Automotive Group, Inc. enables it to leverage shared resources and collaborative strategies, ensuring resilience and competitive advantage in the automotive sector. As a pivotal player headquartered in Bloomfield Hills, Michigan, Penske Automotive Group, Inc. effectively manages an extensive network, driving forward its commitment to excellence in the sale of new and used automobiles. The significant corporate family structure underscores the company's robust ability to navigate the complexities of the global market.
Among the companies owned by Penske Automotive Group, Inc. are: Mercedez Benz Sales & Leasing, located in Fairfield, USA Penske Automotive Group, Inc., located in Bronx, USA Uag International Holdings, Inc., located in Wilmington Manor, USA.
Company Type
Penske Automotive Group, INC. is registered as
153647093
44.07% of companies
38043154
55.67% of companies in USA
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Email and Call Top Penske Automotive Group, INC. Contacts
Penske Automotive Group, Inc. has a CEO registered at the official local trade register in USA. Within Penske Automotive Group, Inc., there is an extensive network of over 25,000 contacts, including senior managers, CIOs, CFOs, and HR leaders, with high-quality, verified contact information.
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