Penske automotive group to expand presence in the united kingdom

Signs agreement to acquire 15 premium dealerships representing  estimated annualized revenue of $1 billion bloomfield hills, mich. , dec. 11, 2023 /prnewswire/ -- penske automotive group, inc. (nyse: pag), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that it has agreed to acquire rybrook group limited consisting of 15 premium dealerships in the united kingdom, including four bmw dealerships, four mini dealerships, four volvo dealerships, two land rover dealerships and one porsche dealership.
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