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Penske_Corporation

Penske Corporation

Penske Corporation is a Bloomfield Hills, Michigan-based is a closely held diversified transportation services company. Auto racing legend Roger Penske serves as Chairman, and Rob Kurnick as President.

Penske's subsidiaries include:

Companies where Penske Corporation owns a stake and performs a controlling role:

  • Penske Truck Leasing (joint venture between Penske Corp. and GE)
    • Penske Logistics (Supply chain management and logistics service. A subsidiary of Penske Truck Leasing.)
  • Penske Automotive Group (PAG:NYSE - a 40+% stake)
  • VM Motori S.p.A. (a 51% stake), Truck-Lite, and Davco (transportation component manufacturing).

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