Penske Automotive Group, Inc.

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. Its mission is to deliver excellence to customers, value to stakeholders, and opportunity to team members everywhere it operates.

The company operates automotive and commercial truck dealerships primarily in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia. Penske Automotive Group also distributes commercial vehicles, diesel and gas engines, power systems, and related parts and services, mainly in Australia and New Zealand. Its offerings include the sale of new and used vehicles, maintenance and repair services, finance and insurance products, and collision services. Additionally, the company holds a 28.9% equity interest in Penske Transportation Solutions, which manages a large fleet of trucks, tractors, and trailers.

Roger S. Penske serves as the Chairman and CEO of Penske Automotive Group. The company is currently reviewing an unsolicited, preliminary, and non-binding proposal from Penske Corporation and Mitsui & Co., Ltd. to acquire all outstanding common shares not already owned by them for $210 per share, a move that could potentially take the company private. Penske Automotive Group is recognized as one of the largest global automotive retailers, focusing significantly on luxury and import brands, which constitute over 90% of its retail automotive revenue.