Penske Automotive Group
Penske Automotive Group is a diversified automotive retailer with Retail Automotive and Retail Commercial Truck segments, plus other investments. It operates a large network of franchised dealerships selling new and used vehicles, providing vehicle service and collision repair, financing, leasing, and aftermarket products. The company also runs Premier Truck Group dealerships for Freightliner and Western Star, and distributes engines and power systems. It conducts business in the United States and internationally, including the United Kingdom and Canada, focusing on luxury and imported brands in its core automotive revenue. Headquartered in Bloomfield Hills, Michigan.
Top Stages
https://app.dealroom.co/companies/***
https://crunchbase.com/organization/***
https://linkedin.com/company/***
Past deals in Motor Insurance
BMW of Wilmington
Acquisition in 2023
BMW of Wilmington is a car dealership situated in Wilmington, North Carolina. It specializes in the sale of new BMW vehicles, offering a range of models including cars, trucks, and SUVs. In addition to sales, the company provides comprehensive automotive services such as financing options for purchases, re-sale assistance, parts supply, maintenance, and damage repair for both old and new vehicles.
CarsDirect.com
Venture Round in 2000
CarsDirect.com, Inc. is an online marketplace that facilitates the buying and selling of new and used automobiles in the United States. Founded in 1998 and headquartered in El Segundo, California, the company offers a wide range of vehicles, including passenger cars, luxury vehicles, sports utility vehicles, trucks, and vans. In addition to vehicle sales, CarsDirect.com provides various related services such as auto loans, vehicle service contracts, anti-theft products, credit reports, and VIN checks. The platform also features an auto repair directory and audio guide services, making it a comprehensive resource for consumers looking to purchase or maintain their vehicles. CarsDirect.com operates as a subsidiary of Internet Brands, Inc.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.