December 10, 2016 5:42 PM ET

Specialty Retail

Company Overview of Penske Corporation, Inc.

Company Overview

Penske Corporation, Inc., a transportation services company, operates in retail automotive, truck leasing, transportation logistics, transportation component manufacturing, and professional motorsports segments. The company operates automotive and commercial truck dealerships in the United States and Western Europe; distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services in Australia and New Zealand; and provides fleet solutions for a range of needs, including vehicle management, fleet analysis, fleet tracking, process design, fleet maintenance, vehicle customization, and vehicle event services. It also provides truck rental services; previ...

2555 Telegraph Road

Bloomfield Hills, MI 48302

United States

Founded in 1969

Phone:

248-648-2500

Fax:

248-648-2525

Key Executives for Penske Corporation, Inc.

Founder, Chairman and Chief Executive Officer
Age: 79
President and Director
Age: 54
Chief Financial Officer and Executive Vice President
Vice President of Finance
Compensation as of Fiscal Year 2016.

Penske Corporation, Inc. Key Developments

Penske Reportedly Explores Sale Of Truck-Lite

Penske Corporation is exploring a sale of Truck-Lite Co., LLC, in a deal that could value the maker of lighting, wiring harnesses and mirrors for trucks at close to $1 billion, according to people familiar with the matter. Penske, controlled by billionaire Roger Penske, owner of the eponymous racing team, has hired investment bank Robert W. Baird & Co to run an auction for Truck-Lite, the people said this week. The sources asked not to be identified because the sale process is confidential. Representatives for Penske, Truck-Lite and Robert W. Baird did not respond to requests for comment.

Similar Private Companies By Industry

Company Name Region
#1 Cochran, Inc. United States
#1 Cycle Center, Inc. United States
1 Stop Electronics Center, Inc. United States
10 West Motorsports, Inc. United States
100MAC, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Penske Corporation, Inc., please visit www.penske.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.