Premier Truck Group, a Penske Automotive Group, Inc. (NYSE:PAG) subsidiary, has officially announced its acquisition of River States Truck and Trailer, Inc. (RSTT), a move expected to bolster its annualized revenue by $200 million. This strategic acquisition marks a significant expansion for Premier Truck Group as it extends its operational footprint across strategic trucking lanes […]
In a significant move to expand its global retail automotive operations, Penske Automotive Group, Inc. (NYSE: PAG), a leading diversified international transportation services company, has entered into an agreement to acquire two Porsche dealerships and a Ducati motorcycle dealership in Melbourne, Australia. This strategic acquisition marks Penske Automotive Group’s foray into the Australian market, highlighting […]
Penske Automotive Group, Inc. (NYSE: PAG), a globally recognized transportation services conglomerate and a leading automotive and commercial truck retailer, has announced the significant acquisition of two top-tier dealerships: BMW of Wilmington and Porsche Wilmington. Notably, both these dealerships have been crowned with their respective brand’s pinnacle accolades – BMW of Wilmington as a BMW […]