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Tag Archives: roger penske
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 Racing to Return to Detroit Next Year
Next Wednesday Detroit Mayor Dave Bing , Mark Reuss, President, GM North America,
Roger Penske, Chairman, Penske Corporation and Randy Bernard, the CEO, of IndyCar will hold a news conference where they will likely announce that Indy car racing will return to the Motor City. Continue reading
Smart USA Delivers First ForTwo Electric Vehicle
Smart USA has delivered the first Smart ForTwo electric vehicle to a retail customer in the United States. Penske Automotive Group Chairman Roger Penske and Smart USA President Jill Lajdziak made the ceremonial delivery to lessee Mindy Kimball at her home in Silver Spring, MD. Continue reading
Posted in auto news
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, electric vehicle, EVs, jill lajdziak, Ken Zino, mindy kimball, roger penske, smart, smart ForTwo ev, zino
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