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Tag Archives: Penske
Penske’s Pagenaud on Indy 500 Pole. McLaren Shut Out
Simon Pagenaud, driver of the #22 Penske IndyCar Chevrolet V6, qualifies fastest Sunday May 19, 2019, capturing the pole position for the IndyCar Series Indianapolis 500. The 103rd running of the Indianapolis 500 will take place on Sunday, May 26. Continue reading
Posted in racing
Tagged autoinformed.com, automotive blog, indianapolis 500, Ken Zino, Penske, Simon Pagenaud
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2016 Argetsinger Racing Award Goes to Roger Penske
My favorite Penske moment came when I was covering the Indy 500 back in the CART days – the best open wheel racing around until the Tony George’s IRL disaster that reorganized the series and destroyed it. Team Penske finished second Al Unser in a March chassis with a Cosworth engine as I recall. Continue reading
Penske Buys Texas Toyota and Hyundai Dealerships
Penske said it expects to generate approximately $200 million in revenue each year from the new stores. Continue reading
Keselowski Watkins Glen Win Prompts Hertz $22 Rental Deal
Hertz is offering race fans a $22 discount to celebrate this weekend’s Nascar win at Watkins Glen by defending Sprint Cup Champion Brad Keselowski. This was Keselowski’s first win in the Hertz Ford Mustang and his 18th Nationwide Series win driving the No. 22 for Penske Racing. Continue reading
Posted in marketing, people, racing
Tagged Adrenaline Collection, autoinformed, autoinformed.com, hertz mustang, Ken Zino, Penske
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Penske Automotive Adds a Fisker Dealership in Arizona
Penske Automotive Group is opening the first Fisker dealership in Arizona – Fisker of Scottsdale. The addition of the new Arizona outlet bring to 80 the number of independent retail locations in the US, Canada and Europe selling Fisker EVs. The Karma model is sold through 48 outlets in North America, and will soon be distributed for the first time in China and the Middle East following new retail agreements. Continue reading
Penske Automotive Group Expands to Northern Italy
Penske Automotive Group, Inc. (NYSE:PAG) has formed a joint venture with Andrea Mantellini, the operator of a BMW/Mini dealer group located in Bologna, Italy. The joint venture intends to acquire and operate dealerships in northern Italy, Penske said in a news release today. Mantellini will manage day-to-day operations of the business. Financial terms were not disclosed. Penske appears to be buying a premium brand and entry into the market at presumably fire sale prices. Continue reading
Posted in auto news, economy, marketing, news analysis
Tagged andrea mantellini, auto informed, autoinformed.com, automotive news, eu, eurozone crisis, Ken Zino, mariani bmw, Penske, roger penske
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IndyCar Returns to Detroit for Chevrolet Belle Isle Grand Prix
Chevrolet today announced a multi-year agreement with the Penske Corporation and IndyCar to bring professional motorsports to the Motor City for the first time in four years. The first Chevrolet Detroit Belle Isle Grand Prix will be held June 1-3, 2012 at a 2.1-mile Raceway at Belle Isle Park road course. Continue reading
Mercedes-Benz Wants Smart Distribution Back from Penske
Smart had U.S. sales of 5,927 in 2010 compared with 14,595 in 2009, a -59.4% decrease. The tiny two-seat car, designed by Mercedes more than 20 years ago, is struggling in the marketplace. However, credits for the sale of small cars will be crucial going forward for makers of larger, gas guzzling luxury cars. Continue reading
Posted in auto news, new vehicle, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, daimler, Ken Zino, lieb, mbusa, Penske, smart, smart ev, zino
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Old Fashion Racing as Newgarden’s Daring Pass Wins Indy 500
Multiple early-race caution flags prompted different pit strategies among the 33 starters. Consistent with NTT IndyCar Series competition, the strategies played out during the final 40 laps as the battle for the win was fought out between five drivers. But in the end it wasn’t strategy, but pure driving skill and daring commitment that led to victory. Continue reading →