OverviewSuggest Edit

Penske Automotive Group, Inc. operates as a transportation services company. The Сompany operates through three segments: Retail Automotive, Retail Commercial Truck, and Other. It operates retail automotive and commercial vehicle dealerships principally in the United States and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. Penske Automotive Group engages in the sale of new and used motor vehicles; and related products and services, such as vehicle service and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products. The Сompany also operates dealerships locations of heavy and medium-duty trucks primarily under Freightliner and Western Star brand names, as well as offers a range of used trucks, and service and parts. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products.

TypePublic
Founded1990
HQBloomfield Hills, US
Websitepenskeautomotive.com
Employee Ratings4

Locations

Penske Automotive Group is headquartered in
Bloomfield Hills, United States

Location Map

Latest Updates

Employees (est.) (Dec 2018)27,000(+4%)
Job Openings584
Revenue (FY, 2016)$20.1 B(+18%)
Share Price (Oct 2019)$46.6 (+4%)

Key People/Management at Penske Automotive Group

Roger S. Penske

Roger S. Penske

Chair of the Board and CEO
Robert H. Kurnick

Robert H. Kurnick

President
Claude Bud H. Denker

Claude Bud H. Denker

Executive Vice President, Human Resources
J.D. Carlson

J.D. Carlson

Executive Vice President and Chief Financial Officer
George Brochick

George Brochick

Executive Vice President, Strategic Development
Gerard Nieuwenhuys

Gerard Nieuwenhuys

Chairman of the Sytner Group
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Penske Automotive Group Office Locations

Penske Automotive Group has an office in Bloomfield Hills
Bloomfield Hills, US (HQ)
2555 S Telegraph Rd
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Penske Automotive Group Financials and Metrics

Penske Automotive Group Revenue

Penske Automotive Group's revenue was reported to be $20.12 b in FY, 2016 which is a 4.3% increase from the previous period.
USD

Market capitalization (16-Oct-2019)

3.8b

Closing stock price (16-Oct-2019)

46.6
Penske Automotive Group's current market capitalization is $3.8 b.
Annual
USDFY, 2013FY, 2014FY, 2016

Revenue

14.7b17.2b20.1b

Revenue growth, %

17%4%

Cost of goods sold

12.4b14.6b17.2b

Gross profit

2.3b2.6b3.0b
Quarterly
USDQ1, 2014Q2, 2016Q3, 2016Q1, 2017Q3, 2017

Revenue

4.0b5.2b5.5b

Cost of goods sold

3.4b4.7b

Gross profit

624.0m822.6m

Gross profit Margin, %

15%15%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

49.8m36.3m24.0m

Inventories

2.5b2.8b3.4b

Current Assets

3.3b3.9b4.4b

PP&E

1.2b1.3b1.8b2.3b
Quarterly
USDQ1, 2014Q3, 2014Q2, 2015Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

20.7m

Inventories

2.5b3.7b4.0b

Current Assets

4.7b5.0b

PP&E

2.0b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

245.7m290.1m346.4m

Depreciation and Amortization

78.0m89.7m

Inventories

(396.3m)(115.5m)130.4m

Accounts Payable

79.3m14.6m66.0m(17.8m)272.0m
Quarterly
USDQ2, 2014Q1, 2017Q2, 2017Q3, 2017Q2, 2018

Net Income

83.0m189.9m243.0m

Depreciation and Amortization

34.0m45.7m70.0m

Inventories

(177.8m)

Accounts Payable

109.0m86.0m86.1m
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Penske Automotive Group Operating Metrics

Penske Automotive Group's Vehicles Shipped was reported to be 157.6 k in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Brands

40 40 40 40 40 40 40

Dealers' Locations

70 70 70 70 70 70 70

Franchises

327 328 326 352 355 349 352 349 355 357 354

Vehicles Shipped

479 k122 k127.50 k195 k523 k134 k136.50 k209.50 k556 k154 k157.60 k
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Penske Automotive Group Revenue Breakdown

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Penske Automotive Group revenue breakdown by business segment: 92.8% from Retail Automotive and 7.2% from Other

Penske Automotive Group Online and Social Media Presence

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Penske Automotive Group Frequently Asked Questions

  • When was Penske Automotive Group founded?

    Penske Automotive Group was founded in 1990.

  • Who are Penske Automotive Group key executives?

    Penske Automotive Group's key executives are Roger S. Penske, Robert H. Kurnick and Claude Bud H. Denker.

  • How many employees does Penske Automotive Group have?

    Penske Automotive Group has 27,000 employees.

  • Who are Penske Automotive Group competitors?

    Competitors of Penske Automotive Group include Inchcape, Lithia Motors and AutoNation.

  • Where is Penske Automotive Group headquarters?

    Penske Automotive Group headquarters is located at 2555 S Telegraph Rd, Bloomfield Hills.

  • Where are Penske Automotive Group offices?

    Penske Automotive Group has an office in Bloomfield Hills.

  • How many offices does Penske Automotive Group have?

    Penske Automotive Group has 1 office.