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