Penske Corp.

Penske testifies Detroit, like GM, will be cleansed by bankruptcy

1:19 pm U.S. ET | Oct. 3, 2014

Detroit can benefit from a trip through bankruptcy, just as GM used court protection to turn itself around, Roger Penske on Friday told the judge weighing whether to approve the city's $7 billion debt-cutting proposal....
Read More »

Penske expands engines, power business in Australia, Pacific

3:46 pm U.S. ET | Sept. 16, 2014

Penske Automotive Group today said it is buying a company that distributes diesel and gasoline engines and power systems in Australia, New Zealand and the Pacific markets....
Read More »

Hertz investors want Roger Penske on board, reports say

1:55 pm U.S. ET | Sept. 10, 2014

At least two big Hertz Global Holdings Inc. investors plan to meet this week with its new chairwoman to propose adding industry veteran Roger Penske to the board, people familiar with the plans said....
Read More »

Toyota gives $1 million to help shield Detroit museum's art from bankruptcy sale, aid pensioners

2:34 pm U.S. ET | Aug. 6, 2014

Toyota's North American arm pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million and help prevent the sale of the museum's collections during Detroit's bankruptcy case and assist city pensioners....
Read More »

Penske Automotive hikes cash dividend again

11:54 am U.S. ET | July 16, 2014

Penske Automotive Group raised its quarterly cash dividend to 20 cents per share from 19 cents....
Read More »

Penske Logistics to close site servicing Ford

3:20 pm U.S. ET | July 9, 2014

Penske Logistics, the lead logistics provider for Ford in North America, plans to shut down a site south of Detroit in September and cut 183 jobs....
Read More »

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
Special Report
Seattle VW dealer mixes metrics and fun

Seattle VW dealer mixes metrics and fun

Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.' Mon., April 13
» Watch the Video
     
News by Brand