Penske Automotive Group is an automotive company focusing on the sale of new and used motor vehicles, related products and services, and dealership operations under franchise agreements. Founded in 1990, the Michigan-based company has become an industry leader with 25,000 employees and an annual revenue of $22.8 billion. Penske Automotive Group operates in two segments: Retail, which includes all automotive dealerships and relevant departments; and PAG Investments, which deals with investments in non-automotive retail operations.
Under the leadership of CEO Roger S. Penske, Penske Automotive Group is known for its diverse workforce, with 36.6% female employees and 42.5% ethnic minorities. The company leans heavily towards the Republican Party, with 65% of its employees identifying as members. Penske Automotive Group maintains a high employee retention rate, with staff members staying with the company for an average of 4.8 years. The average employee earns a competitive annual salary of $50,805.
