Penske Automotive Group
Penske Automotive Group operates in 19 US states and overseas. It has over 150 US and Puerto Rico light-vehicle stores as well as 210 franchised dealerships overseas, primarily in the United Kingdom but also in Australia, Germany, Italy, and Japan. The company is the third-largest US publicly traded dealership in terms of light-vehicle revenue and sells more than 40 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other segments are service and finance and insurance. The firm's Premier Truck Group owns 45 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 16 used-vehicle stores, mostly in the US and UK under the CarShop (US) and Sytner Select (UK) brands. Penske is based in Bloomfield Hills, Michigan.www.penskeautomotive.com
2
MENTIONS
2
EPISODES
2
PODCASTS
Search complete. 2 mentions across 2 episodes found for "Penske Automotive Group".
Sep 18, 2026
Leo NelsonGUEST
It does, interestingly, live on in the US because as carshop.com.
Leo NelsonGUEST
So that business, well, there was a business within the Penske Automotive Group that was obviously the parent company of Sitna Group.
Leo NelsonGUEST
And they rebranded a car supermarket business, Car Shop.
Leo NelsonGUEST
So it does live on elsewhere.
Martin LeeHOST
So you could say they're taking the battle right to Porsche's doorstep.
Martin LeeHOST
Emil Frey, Penske Automotive and the Lug Group, amongst those involved, the arrangements are intended to give Xiaomi a route through established German retail networks rather than building their own dealer network.
Martin LeeHOST
Xiaomi is using the IFA Consumer Show, which is on now, to launch the announcement.
Martin LeeHOST
Starts today till September the 8th and Xiaomi is displaying Get this, 380 products across all its business divisions.