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Penske Motor Group

From Wikipedia, the free encyclopedia

Penske Motor Group
TypePrivate
IndustryAutomotive, Auto Dealerships, Vehicle Parts
HeadquartersEl Monte, California, US
Area served
California
Key people
Gregory Penske (Chairman/CEO)
ProductsAutomobiles
ServicesFinancial services, Repair and Maintenance, Collision Repair, Retail parts & accessories
ParentPenske Corporation
Websitewww.penskemotorgroup.com

Penske Motor Group is an El Monte, California, U.S.–based, subsidiary of Penske Corporation, managed by Gregory Penske. The group operates three automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area and Lexus of Stevens Creek in the San Francisco Bay Area. It also operates one dealership in Texas: Longo Toyota of Prosper in the Dallas–Fort Worth metroplex area.

Overview

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Penske Motor Group's flagship dealership is Longo Toyota in El Monte, California, the largest car dealership in the world at over 50 acres (200,000 m2).[1] In addition to Toyota sales and service facilities, the El Monte dealership campus also includes a Starbucks, Subway restaurant, Verizon Wireless store, Enterprise Rent-A-Car agency, and an Automobile Club of Southern California office.

History

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Penske Motor Group origins date back to 1985 when Roger Penske acquired Longo Toyota in El Monte. Longo Toyota had been founded in 1967 by Dominic Longo. Roger Penske's son, Greg, joined the dealership in 1988 as new car sales manager and is now Chairman and CEO of the Penske Motor Group division of Penske Corporation.[citation needed]

Penske Motor Group's latest addition is Longo Toyota of Prosper, Texas which opened in 2017.

See also

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References

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  1. Penske Automotive Group, Inc., Retrieved January 10, 2007
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