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Penske

Penske Corporation
Private
Industry Transportation
Founded 1969
Headquarters Bloomfield Township, Michigan, U.S.
Key people
Roger Penske, Chairman
Rob Kurnick, President
Products Automotive, Truck Leasing, Motor Group, Logistics
Number of employees
5000+
Website www.penske.com

Penske Corporation is an American, Bloomfield Township, Michigan-based, privately held, diversified transportation services company. Auto racing legend Roger Penske serves as chairman, and Rob Kurnick as president.

In 1985, Penske acquired Hertz's Truck Rental division to form Hertz/Penske Truck Rental. In 1992, "Hertz" was dropped and it became Penske Truck Rental.

On June 5, 2009, it was announced that Penske would purchase the Saturn brand and its assets from the bankrupt General Motors. Just three months later, on September 30, Penske announced it would no longer acquire Saturn from GM due to manufacturing uncertainties.

Penske's subsidiaries include:

Companies in which Penske Corporation owns a stake and performs a controlling role:

Former subsidiaries:


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