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Penske to Acquire Australia & New Zealand Vehicle Distributor

Automotive retailer Penske Automotive Group, Inc., announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia.

What Penske Brings to Car Rental

The new Hertz franchisee is bringing to car rental a focus on facilities and employee practices, while Penske dealerships will get a stable source of low-mileage used vehicles.

7 Takeaways from the 2013 Car Rental Show

As I settle back at my desk, here are a few thoughts on corporate culture, ACRA, the global community, franchising, independents and a “sane” car rental market.

Penske Used Trucks Updates Online Shopping Experience

Shoppers on the Penske Used Trucks website can now see side-by-side comparisons of up to five trucks, Penske said, adding that site users will have faster access to inventory of Penske’s light-, medium- and heavy-duty trucks and used trailers.

GM: Buick Crossover Production Canceled

After receiving negative reviews from both consumers and the media via Twitter posts, the company has decided to scrap production plans for the Buick crossover sports utility vehicle.