PROFILE |
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Race-car legend Roger Penske's son Greg always had a penchant for selling cars, which is likely the reason he ended up in charge of Penske Automotive Group, a subsidiary of his father's diversified transportation services company, Penske Corporation. The company's new- and used-car dealerships, located in Southern California, specialize in selling Honda, Jaguar, Lexus, Mercedes-Benz, and Toyota vehicles. Longo Toyota in El Monte, California, boasts over 60 salespeople who speak more than 30 languages, including Tagalog. Penske Automotive Group sells more than 38,000 vehicles a year; it is partnering with CarsDirect.com to sell cars online.
COMPETITION |
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AutoNation, Inc. (AN)
Prospect Motors, Inc. (dossier)
Sonic Automotive, Inc. (SAH)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,000.00
1-Yr. Sales Growth: 11.1%
Employees: 910
Revenue per employee: $1,098,901.10
KEY PEOPLE |
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Gregory W. Penske
CEO
Gregory W. Penske
CFO
CONTACT INFO |
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3534 N. Peck Rd.
El Monte, CA 91731
US
Phone: 626-580-6000
Fax: 626-580-6159
Online: Web Site
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