Penske Motor Group · El Monte, CA United States
Company Description
More Companies in: El Monte, California
More Companies in These Related Industries: New Car Dealers
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This link will open in a new window Race-car legend Roger Penske knows a thing or two about cars: driving them and selling them. He does the latter in southern California through Penske Motor Group, a subsidiary of diversified transportation services firm, Penske Corporation . Penske Motor Group operates three dealerships in the Sunshine State, two selling Lexus vehicles and another specializing in Toyota and Scion cars. Its 29-acre Longo Toyota dealership in El Monte is the best-selling auto dealership in the country, selling some 26,000 cars each year. In addition to selling new cars, Penske Motor Group dealerships sell used cars of all makes and models, and they provide maintenance services and collision repair. To read the full description, subscribe now.
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Key Penske Motor Group Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 950 |
Penske Motor Group Executives
8 executives listed for Penske Motor Group's El Monte, CA location.
| Title | Name & Bio | Contact |
| CEO | Gregory Penske | |
| President and General Manager | Tom Rudnai | |
| EVP and CFO | Gregory Houfley |
Competition
Competitive Landscape for Penske Motor Group
Consumer spending and interest rates drive demand. The profitability of individual companies depends on the volume and mix of cars and services sold. Large companies can offer a wider selection of cars and have advantages in marketing, purchasing, and finance. Small companies can compete effectively by offering superior customer service or serving a local market. Annual revenue per worker averages $600,000 for new car dealerships and $700,000 for used. For vehicle sales, auto dealers compete with private market sellers, who are increasingly using the Internet to bypass traditional retail channels. Companies compete with various retail outlets, such as oil change centers, tire stores, and independent service shops and chains, for service revenue. To read the full description, subscribe now.Top Penske Motor Group Competitors
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