Company

Penske Automotive

Penske Automotive is a Fortune 500 company and one of the largest automotive retailers in the world, operating hundreds of franchised dealerships across the United States, Europe, and Australia.

Why it’s in the news: It is in the news due to a proposed $4 billion deal by its current owners to take the company private.

Latest on Penske Automotive

  • Two current owners seek to take Penske Automotive private
  • Penske, Mitsui Bid to Take Penske Automotive Private in Near $4 Billion Deal
  • antitrust lawsuits against Google filed by Penske Automotive
  • Judge dismisses Chegg and Penske antitrust lawsuits targeting Google AI search

Connections

2 entities linked to Penske Automotive across the news graph.

Under pressure from (2)