Penske Automotive Group overview

Penske Automotive Group, headquartered in Bloomfield Hills, Michigan, is an international company that operates automotive and commercial dealerships principally in North America and Europe.
Founded in 1990, Penske Automotive Group is an established company that loves to hire graduates from University of Phoenix, with 16.2% of its employees having attended University of Phoenix. Penske Automotive Group has established itself as a great place to work in Michigan, and it is number 1 on Zippia's list of Best Companies to Work for in Bloomfield Hills, MI. The average employee at Penske Automotive Group makes $48,688 per year. In comparison, some of its highest paying competitors, like Sonic Automotive, Asbury Automotive Group, and Avon Products, pay $61,144, $59,984, and $57,812, respectively.
Based in Michigan, Penske Automotive Group is an industry leader with 25,000 employees and an annual revenue of $17.2B.

The Organization’s Mission

Our objective is to be the most profitable, growth-oriented automotive retailer in each of the markets in which we operate. To achieve this objective, we intend to expand our existing business platform and continue to grow our higher-margin businesses, expand through targeted acquisitions, implement "best practices" and emphasize customer service.

Industry

Automotive

Revenue

$17.2B

Employees

25,000

Founded in

1990

Headquarters

Bloomfield Hills, MI

Website

penskeautomotive.com

Organization Type

Public

Is This Your Company?

The team at Penske Automotive Group

Key People
  • Carlson (CFO)
  • Roger Penske (ceo)

Penske Automotive Group Reviews

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3.0

Zippia UserJuly 2019

3.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Some of the people are pretty cool. Show More

What DON'T You Like About Working There?

Under appreciated, easy to be taken advantage of. Work hard and be versatile only to be kept where you are. Raises are hard to come by...years in between. Stingy management. Little growth opportunities. Show More

What Are Your Favorite Benefits/Perks?

Cool cars all around. Free coffee. Show More
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Penske Automotive Group Rankings

Penske Automotive Group is ranked #14 on the Best Automotive Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Penske Automotive Group Salaries

How much does Penske Automotive Group pay?
The national average salary for a Penske Automotive Group employee in the United States is $48,688 per year. Employees in the top 10 percent can make over $101,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
9.6
Salary Score
Average Employee Earnings

Penske Automotive Group Salaries By Job Title

While Penske Automotive Group employees earn an average yearly salary of $48,688, different roles can command different wages. Some of the positions that earn high wages at Penske Automotive Group include Business Developer, Client Advisor, Account Executive, and Business Development Representative. A worker with the title Business Developer salary at Penske Automotive Group can earn an average yearly salary of $91,411. Some of the other roles at Penske Automotive Group are Cashier and Detailer. A worker with the title Cashier at Penske Automotive Group earns an average salary of $21,458 per year.

Penske Automotive Group careers

On average, employees at Penske Automotive Group stay with the company for 3.1 years. Employees most commonly join Penske Automotive Group after leaving U.S. Navy. When they leave Penske Automotive Group, they most frequently get their next job at Northwestern Mutual.

Average Length of Employment

Penske Automotive Group

3.1 years
AutoNation2.4 years
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Penske Automotive Group Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1990

Organization type

Public

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Penske Automotive Group Subsidiaries

Subsidiaries to Penske Automotive Group include Acura of Fremont, Uag West, and GOODSON HONDA WEST. Employees at the parent company, Penske Automotive Group, earn $48,688. In comparison, the salaries at Acura of Fremont, Uag West, and GOODSON HONDA WEST are $56,857, $52,361, and $42,861.

Penske Automotive Group Competitors

Based on our research, similar companies to Penske Automotive Group are Sonic Automotive, Asbury Automotive Group, and Avon Products. The wages at Sonic Automotive average higher than the other similar companies, where the median salary is $61,144 per year. The salaries at Asbury Automotive Group average $59,984 per year, and the salaries at Avon Products come in at $57,812 per year.

Frequently Asked Questions about Penske Automotive Group

When was Penske Automotive Group founded?

Penske Automotive Group was founded in 1990.

How many Employees does Penske Automotive Group have?

Penske Automotive Group has 25,000 employees.

How much money does Penske Automotive Group make?

Penske Automotive Group generates $17.2B in revenue.

What industry is Penske Automotive Group in?

Penske Automotive Group is in the automotive industry.

What is Penske Automotive Group's mission?

Penske Automotive Group's mission statement is "Our objective is to be the most profitable, growth-oriented automotive retailer in each of the markets in which we operate. To achieve this objective, we intend to expand our existing business platform and continue to grow our higher-margin businesses, expand through targeted acquisitions, implement "best practices" and emphasize customer service."

What type of company is Penske Automotive Group?

Penske Automotive Group is a public company.

Who are Penske Automotive Group's competitors?

Penske Automotive Group competitors include Sonic Automotive, Asbury Automotive Group, AutoNation, Tenneco, CarMax, Penske Motor Group, Russ Darrow Group, Don Davis Auto Group, Capitol Honda, Lithia Motors, Rock Honda, Ray Catena Motor Car, Western Refining, Porsche, LKQ, Harley-Davidson, Avon Products, Prime Motor Group, Lou Fusz Toyota, Uag West.

Who works at Penske Automotive Group?

Carlson (CFO)

Roger Penske (ceo)

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You can find out what it is like to work at Penske Automotive Group, also known as PENSKE AUTOMOTIVE GROUP INC, Penske Automotive Group, Penske Automotive Group Inc and Penske Automotive Group, Inc..

Zippia gives an in-depth look into the details of Penske Automotive Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Penske Automotive Group. The employee data is based on information from people who have self-reported their past or current employments at Penske Automotive Group. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Penske Automotive Group and its employees or that of Zippia.