Penske Motor Group

Penske Motor Group is an El Monte, California based wholly owned division of the Penske Corporation, the owner of seven automobile dealerships that just operate in California, managed by Gregory Penske. Penske Corporation also part owns the world's second-largest automotive dealership, the NYSE listed Penske Automotive Group.

Penske Motor Group's flagship dealership is Longo Toyota, the largest car dealer in the world at over 29 acres. [ [http://www.hoovers.com/penske-automotive/--ID__53871--/free-co-factsheet.xhtml Penske Automotive Group, Inc.] , Retrieved January 10 2007] Longo came in first on industry tracker Ward's Dealer Business' 2004 list of top-selling dealerships. [http://azbilingualed.org/News%202005/multilingual_staff_can_drive_up%20auto%20sales.htm] "Multilingual staff can drive up auto sales" February 21 2005 USA Today] The dealership sold 20,320 new vehicles in 2005 (56 vehicles per day). There are Starbucks and Subway establishments on the lot. The group has a diverse clientèle, and as such 68% of the group's employees are minorities.

The group is the largest retailer of Toyota Cars in the world, selling over 1.5 billion dollars worth of Toyota products every year. Fact|date=February 2007 Longo Toyota and Lexus make up the largest car dealership in the world, selling a car every 8 minutes. Fact|date=February 2007

ee also

*Penske Corporation
*Penske Automotive Group.

References

* [http://phx.corporate-ir.net/phoenix.zhtml?c=74159&p=irol-newsArticle&ID=568141&highlight= Press release] naming Gregory Penske to board of directors to ALLTEL, Retrieved January 10 2007
* [http://www.hoovers.com/penske-automotive/--ID__53871--/free-co-factsheet.xhtml Penske Automotive Group, Inc.] by Hoovers, Retrieved January 10 2007

External links

* [http://www.penskemotorgroup.com Official website]