Penske Automotive Group Inc

NYSE PAG

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Penske Automotive Group Inc Share Price on June 03, 2024: USD 153.45

Penske Automotive Group Inc Share Price is USD 153.45 on June 03, 2024, a 7.00% change year over year. Share price refers to the current trading price of a single share of a company's stock. It represents the monetary value that investors are willing to pay for ownership in the company. Share prices are determined by the supply and demand dynamics in the stock market and can fluctuate throughout the trading day. Changes in share prices are influenced by various factors, including company performance, industry trends, market conditions, investor sentiment, and economic indicators. Share price is a key indicator used by investors to assess the performance and valuation of a company's stock.
  • Penske Automotive Group Inc 52-week high Share Price is USD 179.65 on July 19, 2023, which is 17.07% above the current Share Price.
  • Penske Automotive Group Inc 52-week low Share Price is USD 142.35 on October 25, 2023, which is -7.23% below the current Share Price.
  • Penske Automotive Group Inc average Share Price for the last 52 weeks is USD 156.83.
NYSE: PAG

Penske Automotive Group Inc

CEO Mr. Roger S. Penske Sr.
IPO Date Oct. 23, 1996
Location United States
Headquarters 2555 Telegraph Road, Bloomfield Hills, MI, United States, 48302-0954
Employees 28,500
Sector Consumer Cyclical
Industry Auto & truck dealerships
Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

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September 20, 2024

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