Penske Automotive Group: My Value Stock of the Week

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXMPEA6606G_M.jpg

In addition to new and used vehicles, other services are parts and repair and finance, and insurance. PAG also owns 22 CarShop used-vehicle stores in the U.S. and U.K. Its Premier Truck Group owns 35 truck dealerships selling mostly Freightliner and Western Star brands.

In fact, the company has become the largest dealership group for Freightliner in North America after the acquisition of Warner Truck Centers. The purchase helped the company diversify its business, expand its customer base, and capitalize on the Retail Commercial Trucks segment.

Continue reading on StockNews