Penske Corporation

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Penske Corporation operates in the transportation and trucking services industry. It is a diversified firm with subsidiaries that offer different automotive, manufacturing, and transportation components. Penske runs a number of related groups like dealerships, transportation services, and even a Nascar racing division.

Penske-owned companies mainly operate in the realm of automotive and transportation related products and services. Penske Motor Group is a California-based automotive dealership that provides retail products to consumers, while Penske Truck Leasing provides trucking services. Penske Truck Rental provides commercial rental trucks to businesses that need to transport heavy or large freight. Consumers can also rent Penske Trucks for personal needs, such as household moves. Penske Logistics provides supply chain management, consulting, and other business solutions.

The corporation was founded in Michigan, but since its establishment in 1969 Penske has expanded to the entirety of the United States as well as Germany, Puerto Rico, and the UK. Penske acquired one of Hertz’s divisions in 1985 and renamed it to Penske Truck Rental. Penske has since purchased numerous subsidiaries like Penske Automotive, Penske Truck Rental, Penske Truck Leasing, Penske Racing, Truck-Lite, Davco, Tire International Group, and others.

Penske Corporation is privately held and owns many related companies. Job seekers can find careers in any of Penske’s companies. Positions range from entry level to upper management, and candidates can look for jobs in any specific company group of interest.

Penske Snapshot

Main Website
Employees
40,000+
Year Founded
1969
Headquarters
2555 Telegraph Rd.
Bloomfield Hills, MI, 48302 United States
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