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PENSKE AUTOMOTIVE GROUP ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINA

PR Newswire - Fri Aug 11, 2023

Adds $140 Million in Expected Annualized Revenue

BLOOMFIELD HILLS, Mich., Aug. 11, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that it has acquired BMW of Wilmington and Porsche Wilmington.  Both dealerships have earned their respective brand's highest honor, with BMW of Wilmington designated as a BMW Center of Excellence and a Porsche Wilmington designated as a Porsche Premier Dealer. 

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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