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Automotive retailer Penske Automotive Group, Inc., announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia.
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If you’re looking to lower your fleet’s maintenance expense and spend less time in the shop, then record it, track it and give your drivers buy-in on the maintenance process.
Read More →BLOOMFIELD HILLS, MI - Mercedes and Penske said they expect the transition to occur by the end of the second quarter of 2011.
Read More →READING, PA - Penske Truck Leasing will host Discovery Forum 2010, a series of free, educational open houses for commercial fleet owners and fleet managers, in North Carolina, South Carolina, and Virginia starting Aug. 17.
Read More →BROOKLYN, NY - The smart fortwo electric drive made its debut in the United States on June 8, and smart USA announced it will begin deploying a fleet of 250 electric drive vehicles across the nation this fall.
Read More →READING, PA - Penske Truck Leasing Co. has entered into an agreement to acquire Bright Truck Leasing & Bright Distribution. Financial terms were not disclosed.
Read More →DETROIT - General Motors Corp. and Penske Automotive Group have confirmed details of a proposed transaction under which Penske would acquire the Saturn brand, according to GM and Penske statements. If completed, the deal would save more than 350 dealerships and 13,000 jobs at Saturn and its retailers in the United States, and would preserve the customer-focused Saturn brand.
Read More →DETROIT - With Penske Automotive Group no longer acquiring Saturn, General Motors President and CEO Fritz Henderson announced GM will "wind down" the Saturn brand and dealership network.
Read More →DETROIT – Penske would obtain the rights to the brand as well as certain other Saturn assets, while General Motors would continue production, on a contract basis, of the Saturn Aura, Vue, and Outlook.
Read More →READING, PA - Penske Logistics announced an expanded commitment to the U.S. Environmental Protection Agency's SmartWay Transport Partnership, a move that underscores its commitment to environmentally responsible operations.
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