international transportation services company
Penske set to acquire Ducati Melbourne West: Penske has signed an agreement to acquire Porsche Centre Brighton, Porsche Centre Doncaster and Ducati Melbourne ...
mcnews.com.au/penske-set-to-acquire-ducati-melbourne-west/
Penske Automotive Group: Despite Bottom Line Pain, Shares Look Attractively Priced
seekingalpha.com/article/4681644-penske-automotive-group-despite-bottom-line-pain-shares-look-attractively-priced
Paid articlePaid
Q&A: Roger Penske on Detroit's renaissance, NFL Draft, EV adoption and Le Mans: The businessman and racing legend has had a hand in some of the city's biggest ...
detroitnews.com/story/business/autos/2024/02/24/qa-penske-on-detroits-renaissance-nfl-draft-ev-adoption-le-mans/72684159007/
Amazon wants to shape the future of car-buying. Dealers are skeptical: E-commerce behemoth Amazon is attempting to do what insiders say no one has been able to ...
cnbc.com/2024/01/23/amazon-car-buying-seeks-to-reshape-dealerships.html
Detroit at Daytona: Penske wins, Cadillac second, Ford vs. Vette, Pitt films: Porsche Penske held off Cadillac in a epic battle that gave the Captain his first ...
detroitnews.com/story/sports/motor/2024/01/28/detroit-at-daytona-penske-wins-cadillac-takes-second-ford-vs-vette/72389791007/
Lawsuit: Company's board was too deferential to Roger Penske, blew $1B on stock buybacks
freep.com/story/money/business/2024/01/06/lawsuit-companys-board-too-deferential-to-roger-penske-blew-1b/72118508007/
Quick Glance: Lawsuit: Board's Deference to Penske Wasted $1B on Stock Buybacks
- Penske Automotive Group faces shareholder lawsuit for alleged $1 billion wasted on stock buybacks giving Roger Penske sole control.
- Board members, including Sandy Pierce, accused of being too deferential to Roger Penske and failing fiduciary duties.
- Lawsuit seeks class action status, damages, and reforms to prevent recurrence of board's actions.
- Suit alleges board knowingly allowed Roger Penske to gain sole control without spending his own money.
Penske completes takeover of Rybrook Group: Penske Automotive Group has announced that it has completed the acquisition of Rybrook Group consisting of 15 premium ...
motortrader.com/motor-trader-news/automotive-news/penske-completes-takeover-rybrook-group-09-01-2024
Penske Automotive Group: 5 Reasons Why I Am Bullish: Penske Automotive (PAG) boasts impressive returns for shareholders, poised to benefit from industry ...
seekingalpha.com/article/4661863-penske-automotive-group-5-reasons-why-i-am-bullish
Paid articlePaid
Charleston's Baker Motors sells 2 dealerships to billionaire NASCAR team owner: The acquisitions are expected to generate annual revenue of about $140 million ...
postandcourier.com/business/charlestons-baker-motors-sells-2-dealerships-to-billionaire-nascar-team-owner/article_877678d4-38b4-11ee-bb9e-4f73a8b91e2d.html
Charleston car dealer sells NC dealerships on a handshake with an auto industry big wheel
postandcourier.com/business/charleston-car-dealer-sells-nc-dealerships-on-a-handshake-with-an-auto-industry-big-wheel/article_0b45e0fe-41d0-11ee-b63d-3794b43d670a.html
From Corvette to Cadillac to Penske, Motown flags flew high at the 24 Hours of Le Mans
detroitnews.com/story/business/autos/2023/06/12/motown-flags-flew-high-at-the-24-hours-of-le-mans/70315484007/
New Car Prices Are Shocking. Used Ones Are Worse. What It Means for Dealer Stocks.
barrons.com/articles/new-used-car-prices-dealer-carmax-penske-stocks-a33bf7c9
Paid articlePaid These auto industry titans are on Forbes' ranking of the richest people on earth: Seventy-three of the world's 2,640 billionaires are in the automotive industry ...
freep.com/story/money/cars/general-motors/2023/04/10/forbes-billionaires-list-auto-industry-titans-richest-people-on-earth/70089817007/
Motown in Daytona: Penske, Cadillac and Corvette prepare assault on a great endurance race
detroitnews.com/story/business/autos/2023/01/27/penske-cadillac-and-corvette-prepare-assault-on-24-hours-of-daytona/69842496007/
Sytner new car order bank has grown 23% to 31,800: Sytner, the UK's largest dealer group, is sitting on an order bank of almost 32,000 vehicles ...
motortrader.com/motor-trader-news/automotive-news/sytner-reveals-new-car-order-bank-grown-23-31800-09-02-2023
These are the companies racing to dominate the fragmented auto dealership industry
cnbc.com/2022/08/02/autonation-and-lithias-race-to-dominate-the-auto-dealership-industry.html
You might want a AAA membership even if you don't have a car—here's why: Aside from roadside assistance, a AAA membership offers discounts that could save you ...
cnbc.com/2022/06/07/why-you-might-want-aaa-membership-even-if-you-dont-have-a-car.html
Carmakers Think They're Recession-Proof: OEMs are dedicating themselves to experiencing only peaks.
jalopnik.com/carmakers-think-theyre-recession-proof-1849354613
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