Penske Corporation is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports. Penske Corporation manages businesses with consolidated revenues of more than $43 billion, operating in over 3,300 locations and employing more than 73,000 people worldwide.
Penske Automotive Group
Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers. PAG operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. PAG employs over 28,900 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions (“PTS”), a business that employs over 44,500 people worldwide, manages one of the largest, most comprehensive and modern trucking fleets in North America with over 435,000 trucks, tractors, and trailers under lease, rental, and/or maintenance contracts and provides innovative transportation, supply chain, and technology solutions to its customers. PAG is a member of the S&P Mid Cap 400, Fortune 500, Russell 1000, and Russell 3000 indexes.
CarShop
Whether purchasing in-store or completely (100%) online, CarShop offers high-quality used vehicles with up-front, no-haggle pricing and a money-back guarantee. Shoppers on carshop.com can use innovative digital tools to choose from thousands of vehicles, obtain financing, set up delivery (in-store or at home), and schedule service appointments.
Premier Truck Group
Premier Truck Group offers a premium selection of new commercial vehicles from top brands like Freightliner, Western Star, Thomas Built Buses, Isuzu, and Rizon, plus a diverse inventory of pre-owned trucks. Beyond sales, we support PTG Customers with parts, accessories, and a full suite of services: maintenance, repair, collision repair, insurance, and financing. Find us at numerous locations across the U.S. and in Ontario and Manitoba, Canada.
Penske Truck Rental
Penske Truck Rental operates one of the newest and most diverse truck rental fleets in North America. Our fleet of well-maintained and reliable rental trucks, 24-hour roadside assistance, flexible reservation and cancellation policies, and commitment to customer service ensure our customers enjoy high quality vehicles, excellent service and peace of mind when renting trucks commercially or for a do-it-yourself household move.
Penske Truck Leasing
Penske Truck Leasing is a leading provider of innovative transportation solutions that operates and maintains a fleet of approximately 433,000 vehicles and serves its customers from nearly 1,000 maintenance facilities and more than 2,400 rental locations across North America. Solutions from Penske include full-service truck leasing, fleet maintenance, commercial and consumer truck rentals, used trucks, and a comprehensive array of fleet technologies.
Penske Logistics
Penske Logistics is an award-winning, industry thought leader known for its operational excellence in supply chain and logistics management for market-leading companies. With operations in North America, South America and Europe, Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, freight forwarding, consulting, and a comprehensive array of supply chain and logistics technologies.
Penske Vehicle Services
Penske Vehicle Services is the largest fleet solutions provider for automotive original equipment manufacturers. Operating from over 50 locations across the United States and Canada, Penske Vehicle Services effectively manages and delivers the right solution for a broad spectrum of needs including vehicle management, fleet analysis, fleet tracking, process design, fleet maintenance, vehicle customization, and vehicle event services.
Penske Motor Group
Penske Motor Group owns and operates Toyota and Lexus automobile dealerships in California and Texas. Our mission is to take care of our guests, one at a time to deliver service excellence and experiences that result in lifetime relationships. Our flagship dealership, Longo Toyota in El Monte, California is the world’s largest dealership and has been the #1 Toyota retailer in the United States since 1967.
Team Penske
Team Penske is one of the most successful teams in the history of professional sports. Cars owned and prepared by Team Penske have produced more than 640 race wins, nearly 700 pole positions and 47 championships across open-wheel, stock car and sports car racing competition. Over the course of its 59-year history, the team has also earned 20 Indianapolis 500 victories, three Daytona 500 Championships, a Formula 1 win, victories in the 24 Hours of Daytona and the 12 Hours of Sebring, along with a win in Australia’s legendary Bathurst 1000 race. In 2025, Team Penske competes in the NTT INDYCAR SERIES and the NASCAR Cup Series. Through a Team Penske global partnership, Porsche Penske Motorsport competes in both the IMSA WeatherTech SportsCar Championship and the World Endurance Championship this season.
Penske Entertainment
Penske Entertainment Corp., a subsidiary of Penske Corporation, owns the Indianapolis Motor Speedway, the NTT INDYCAR SERIES and IMS Productions. The Indianapolis Motor Speedway has hosted the world’s largest single-day sporting event – the Indianapolis 500 Mile Race – for more than 100 years. The venue has also hosted NASCAR, Formula One and other racing series events throughout its storied history. The NTT INDYCAR SERIES continues to be the premier open-wheel racing series in North America and is one of the most competitive championships in the world. IMS Productions is a leading video services and production company.
Ilmor
Ilmor Engineering is a globally recognized provider of high performance motorsport engines for the top levels of racing, including IndyCar, NASCAR, and ARCA. Ilmor also designs, develops and produces industry-leading recreational marine engines for major manufacturers worldwide. Whether on land or at sea, Ilmor continues to innovate better and more efficient solutions, and to exceed expectations for reliability, precision, and overall performance.
Detroit Grand Prix
The Chevrolet Detroit Grand Prix presented by Lear is a professional auto race hosted annually in Detroit, Michigan. In 2025, the event will be hosted May 30-June 1 on the Streets of Downtown Detroit. Roger Penske, founder and chairman of Penske Corporation, championed and invested in the race’s return to Detroit in 2007. Since its rebirth in the Motor City, the Detroit Grand Prix has generated over $100 million in total spending annually for the region.