POverview
Penske Automotive Group sells, finances and repairs cars and commercial trucks for drivers and fleet operators through dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan and Australia. Alongside its car showrooms, it runs Premier Truck Group, a North American chain of Freightliner and Western Star heavy-truck dealers. Its Penske Australia arm imports Western Star and MAN trucks and distributes engines and power systems from MTU and others in Australia and New Zealand. The company earns money on each vehicle it sells, on commissions for arranging loans and insurance, and on service, parts and collision repair. Penske Automotive Group was founded in 1990 and is based in Bloomfield Hills, Michigan.
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About Penske Automotive Group
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Bloomfield Hills, Michigan
Founded
1990
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Simplify's Take
What believers are saying
- More stores, more openings: PAG bought six Toyota and Lexus dealerships with roughly $2 billion yearly sales since November 2025.
- Repair work steadies profits: service and parts gross margin rose to 59.5% in Q2 2026.
- Demand is holding up: revenue rose 6% to $8.5 billion in the three months to June 2026.
What critics are saying
- Stock grants face a buyout: Penske Corporation and Mitsui offered $210 a share to take PAG private in July 2026.
- Car profits are thinning: vehicle margins eased and net income fell to $260 million in the quarter to June 2026.
- Truck profits swing with freight: Premier Truck Group pretax income fell 13% to $47 million in Q2 2026.
What makes Penske Automotive Group unique
- PAG shares in a truck-leasing giant: it owns 28.9% of Penske Transportation Solutions, which manages over 396,600 trucks and trailers.
- Luxury cars dominate its showrooms: premium brands like BMW and Porsche generated 71% of 2025 dealership revenue.
- Two insiders control it: Penske Corporation and Japanese trading house Mitsui together own 72.6% of PAG's stock.
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Funding
Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Benefits
- Flexible Work Hours
Stock Price
Company News
$54 billion london stock exchange Group (LSEG) in talks to buy United States credit intelligence & Data company octus for $3.5 billion from UK... Home Capital Market United States Transportation Services Company Penske Corporation & Japan $90 Billion Trading... Oct 17, 2026 17th October 2026 | Hong Kong United States transportation services company Penske Corporation & Japan trading giant Mitsui ($90 billion market value) have announced to buy United States automotive & commercial truck retailer Penske Automotive Group ($13.9 billion market value) at $16.3 billion valuation (include debt) in all-cash deal, representing +8.6% premium to Penske Automotive Group unaffected closing price (21/7/26), with Penske Corporation to own 64% & Mitsui to own 36%. Penske Automotive Group was founded in 1990 by Marshall S. Cogan as United Auto Group. Penske Automotive Group current market value at $13.9 billion, share price +34.3% YTD, +25.5% last 12 months & +105.5% last 5 years. Penske Automotive Group - 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. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia and is one of the largest retailers of commercial trucks in North America for Freightliner. The Company also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. Penske Corporation - Caproasia is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports. Penske Corporation manages businesses with consolidated revenues of more than $43 billion, operating in over 3,300 locations and employing more than 73,000 people worldwide. Mitsui - Utilizing its global operating locations, network and information resources, Caproasia is multilaterally pursuing business that ranges from product sales, worldwide logistics and financing, through to the development of major international infrastructure and other projects in the following fields: Mineral & Metal Resources, Iron & Steel Products, Energy, Mobility, Digital & Infrastructure, Chemicals, Food, Retail Management, Wellness, IT & Communication Business, Corporate Development Business. "United States Transportation Services Company Penske Corporation & Japan $90 Billion Trading giant Mitsui to buy United States $14 billion automotive & commercial truck retailer Penske Automotive Group at $16.3 billion valuation (include debt) in all-cash deal, representing +8.6% premium to unaffected closing price (21/7/26), Penske Corporation to own 64% & Mitsui to own 36%, Penske Automotive Group founded in 1990 by Marshall S. Cogan as United Auto Group, Penske Automotive Group current market value at $13.9 billion, share price +34.3% YTD, +25.5% last 12 months & +105.5% last 5 years" Managing $20 million to $3 billion. Investing $3 million to $300 million. Join Events & Find Services Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. 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New to Caproasia Caproasia users. * Manage $20 million to $30 billion of assets * Invest $3 million to $300 million * Advise institutions, billionaires, UHNWs & HNWs Caproasia platforms | 11,000 investors & advisors. Monthly roundtable & networking. Family Office programs. The 2026 Investment Day. * March - Hong Kong * March - Singapore * April - Hong Kong * April - Singapore * July - Hong Kong * July - Singapore * Sept- Hong Kong * Sept - Singapore * Oct- Hong Kong * Nov - Singapore * Visit: The Investment Day | Register: Click here Caproasia summits. Contact Caproasia. For Enquiries, Membership [email protected], [email protected] For Listing, Subscription [email protected], [email protected] [email protected] For Events & Webinars [email protected] For Media Kit, Advertising, Sponsorships, Partnerships [email protected] For Research, Data, Surveys, Reports [email protected] For General Enquiries [email protected] Caproasia | Driving the future of Asia a financial information technology co. since 2014 Caproasia.com covering capital markets, investments and private wealth in Asia. Its users manage, advise & invest $25 trillion assets in Asia
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Penske Automotive Group to be taken private by Penske Corp. and Mitsui for $16.30 billion. * October 15, 2026 Penske Automotive Group, Inc. (PAG) entered into a merger agreement on October 15, 2026, to be taken private by Motown Acquisition Corp., an entity owned by Penske Corporation and Mitsui & Co., Ltd., for a closing value of $16.30 billion. Deal structure: Holders of Penske Automotive Group common stock, other than Penske Corporation, Mitsui and the other members of the investor group, will receive $212 per share in cash, representing a premium of 8.84% over the stock's last close. Company profile: Penske Automotive Group is an international automotive and commercial truck retailer operating franchised dealerships across the U.S. and several international markets, selling new and used vehicles and providing financing, maintenance, repair, and parts services. The company also distributes commercial trucks, engines, and power systems, and holds a 28.9% stake in Penske Transportation Solutions. Penske Corporation is a privately held, diversified transportation services company headquartered in Bloomfield Hills, Michigan, with operations in automotive retail, truck leasing and rental, transportation logistics, manufacturing, and professional motorsports. Its businesses include Penske Automotive Group, Penske Truck Leasing, Penske Logistics, and Team Penske, providing vehicle sales, fleet management, truck rental, supply chain management, and motorsports services across multiple markets. Mitsui & Co., Ltd. is a Japan-based global trading and investment company headquartered in Tokyo, with operations across mineral and metal resources, energy, iron and steel products, chemicals, mobility, infrastructure, food, healthcare, and digital services. The company engages in commodity trading, business development, project investment, and the management of businesses across international markets, operating through a global network spanning more than 60 countries and regions. Deal details and timeline: In July, the investor group led by Penske Corp and Mitsui had submitted a non-binding proposal to acquire Penske Automotive Group for $210 per share in cash. The stock was trading at $195.19 when the investor group, which already owned 72.2% of the company, had made the offer. Upon completion of the deal, Penske and Mitsui will hold approximately 64% and 36% of the company's ownership, respectively. Penske Automotive expects to continue paying regular quarterly cash dividends until the deal closes. Each dividend will be no more than $0.02 per share higher than the dividend declared and paid in the previous quarter. The company will also pay a prorated dividend for any partial quarter before the deal closes. The merger is expected to close in the first quarter of 2027. Penske Automotive engaged Moelis & Co. as its financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison and Freshfields as its legal advisors. Penske and Mitsui received financial advisory services from BofA Securities, J.P. Morgan Securities, and Wells Fargo Securities, and legal counsel from Jones Day and Debevoise & Plimpton. The acquisition is priced at 15.85 times the EBITDA of Penske Automotive. Deal Metrics: For an in-depth analysis of this merger and acquisition transaction, visit our Deal Metrics page by clicking here: The Deal Metrics page for each merger or acquisition includes: * A comprehensive history chart of the merger from announcement to completion or termination. * A detailed timeline of events, including regulatory approvals, shareholder votes, and more. * Relevant news articles and SEC filings. * Regularly updated deal progress reports. * And much more. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a professional before making any investment decisions. We do not guarantee the accuracy or completeness of the data provided in this article. Editor's Note: Baranjot Kaur contributed to this article
Penske Automotive to Go Private at $16.3 Billion Valuation October 15, 2026 at 4:21 AM PDT Updated on October 15, 2026 at 6:41 AM PDT
With Federal Reserve officials signalling that borrowing costs may stay higher for longer, with rates near 3.9% and inflation above target, a Simply Wall St screen has picked three US large-cap value stocks for income investors. Conagra Brands, a $6.4 billion packaged foods group, is funding Project Catalyst, a process and technology overhaul. Most financial benefits are expected from fiscal 2028 onward. Mondelez International, valued at $77.1 billion, kept its pricing actions after earlier cocoa cost spikes. Management calls the cocoa market structurally oversupplied in 2026, which may steady input costs. Penske Automotive Group, a $12.9 billion transportation services group, is growing higher-margin service and parts income. Retail Automotive brings in about $27.9 billion of its revenue.
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About Penske Automotive Group
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Bloomfield Hills, Michigan
Founded
1990
Penske Automotive Group is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today