Penske Automotive Group, Inc. · Bloomfield Hills, MI United States ·(NYSE: PAG)
Company Description
Phone: 248-648-2500
Fax: 248-648-2525
Rankings
- #225 in FORTUNE 500
View Penske Automotive Group, Inc. Locations On A US Map
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This link will open in a new window Penske Automotive Group has lots of lots. The #2 publicly traded auto dealer in the US (behind AutoNation ), PAG operates about 300 dealerships in some 20 US states, Puerto Rico, Germany, and the UK and the company sell cars made by more than a dozen automakers. Non-US brands, including AUDI , BMW , and Honda , account for about 95% of sales. The group also sells used vehicles and provides repair services and financing. PAG'S UK unit, Sytner Group , operates about 145 dealerships. Additionally, PAG holds a minority stake in Internet Brands . Chairman and CEO Roger S. Penske runs the company. To read the full description, subscribe now.
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Key Penske Automotive Group, Inc. Financials
| Company Type | Public - NYSE: PAG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $11,646.3 |
| 2008 Employees | 14,300 |
Penske Automotive Group, Inc. Executives
23 executives listed for Penske Automotive Group, Inc.'s Bloomfield Hills, MI location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Roger Penske | Network |
| Vice Chairman and President | Robert Kurnick | Network |
| EVP and CFO | Robert O'Shaughnessy | Network |
Competition
Competitive Landscape for Penske Automotive Group, Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Penske Automotive Group, Inc. Competitors
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