Penske automotive group to expand retail automotive presence into australia

Bloomfield hills, mich. , april 8, 2024 /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 with operations across four continents and nine countries, intends to expand its retail automotive operations into australia by acquiring two porsche dealerships along with a ducati motorcycle dealership in melbourne, australia.
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