Tag Archives: The Baker Motor Company

Penske Automotive Group Buys BMW and Porsche Dealerships

Penske Automotive Group, Inc. (NYSE: PAG)* today announced that it has acquired BMW of Wilmington and Porsche Wilmington. The move increases operations in the luxury vehicle segment. PAG forecasts that it will add ~$140,000,000 in revenue annually. (AutoInformed: Penske Automotive … Continue reading

Posted in auto news, shows and events | Tagged , , , , , , , | 1 Comment