PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA [Yahoo! Finance]
Penske Automotive Group, Inc. (PAG)
Last penske automotive group, inc. earnings: 2/5 06:59 am
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Source: Yahoo! Finance
company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia The Company has signed an agreement to acquire Porsche Centre Brighton, Porsche Centre Doncaster and Ducati Melbourne West. The Brighton dealership, which is located approximately 20 minutes from central Melbourne , opened in March 2009 and has been serving the Porsche community in Melbourne for nearly 15 years. The Doncaster dealership is the newest official Porsche Centre located in the high-growth northeast Melbourne suburbs. Commenting on the acquisition, Penske Automotive Group Head of International Operations Randall Seymore said, "We are delighted to announce this transaction and expand our partnership with the Porsche brand. For over ten years we have strategically buil
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PAG
Earnings
- 2/7/24 - Miss
PAG
Sec Filings
- 3/22/24 - Form DEFA14A
- 3/22/24 - Form DEF
- 3/15/24 - Form 4
- PAG's page on the SEC website