Roger Penske

XPEL Grows INDYCAR Presence Through Enhanced Team Penske Partnership

Retrieved on: 
Wednesday, April 7, 2021

XPEL (NASDAQ: XPEL), a leading provider of protective films and coatings, announced today it will increase its presence in the NTT INDYCAR SERIES through an enhanced partnership with Team Penske and two-time series champion Josef Newgarden.

Key Points: 
  • XPEL (NASDAQ: XPEL), a leading provider of protective films and coatings, announced today it will increase its presence in the NTT INDYCAR SERIES through an enhanced partnership with Team Penske and two-time series champion Josef Newgarden.
  • We are proud to see our partnership with XPEL continue to grow as they build on their INDYCAR presence, said Roger Penske.
  • Last year, the XPEL brand had the perfect INDYCAR debut with Team Penske and Josef Newgarden, said Ryan Pape, XPEL CEO.
  • In 2021, Team Penske will compete in the NTT INDYCAR SERIES, the NASCAR Cup Series and the NASCAR Xfinity Series.

Penske Automotive Announces Rebranding of its U.S.-based Used Vehicle SuperCenters

Retrieved on: 
Tuesday, March 9, 2021

The company has renamed its six U.S.-based used vehicle SuperCenters from CarSense to CarShop ( www.carshop.com ).Joining with the existing eleven U.K.-based CarShop used vehicle SuperCenters, the combined entity will form one global CarShop brand that makes car buying easy.

Key Points: 
  • The company has renamed its six U.S.-based used vehicle SuperCenters from CarSense to CarShop ( www.carshop.com ).Joining with the existing eleven U.K.-based CarShop used vehicle SuperCenters, the combined entity will form one global CarShop brand that makes car buying easy.
  • Penske Automotive Group CEO Roger Penske remarked on the CarShop rebranding, "With this name change, we are taking the next step in the development of a global used vehicle SuperCenter brand.In 2020, the used vehicle SuperCenters sold over 50,000 used units and generated over $1 billion in revenue.
  • These forward-looking statements should be evaluated together with additional information about Penske Automotive Group's business, markets, conditions, and other uncertainties, which could affect Penske Automotive Group's future performance.
  • This press release speaks only as of its date, and Penske Automotive Group disclaims any duty to update the information herein.

Advance Auto Parts to Begin Multi-Year Partnership with Team Penske During 2020 NASCAR Cup Series

Retrieved on: 
Thursday, November 21, 2019

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, and Team Penske today announced a new multi-year partnership beginning with the 2020 NASCAR season.

Key Points: 
  • Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, and Team Penske today announced a new multi-year partnership beginning with the 2020 NASCAR season.
  • View the full release here: https://www.businesswire.com/news/home/20191121005976/en/
    From left, Ryan Blaney, Team Penske driver, Jason McDonell, Advance Auto Parts CMO, and Tom Greco, Advance CEO, announce a multi-year partnership where Advance will be featured as the primary sponsor on the No.
  • Everyone at Team Penske is excited to have Advance Auto Parts join the team as a new partner in 2020, said Blaney.
  • Team Penske currently competes in the IndyCar Series, the Monster Energy NASCAR Cup Series, the NASCAR Xfinity Series and the IMSA WeatherTech SportsCar Championship.

Penske Logistics Premier Driver Recognition Program Welcomes Eight-Person Driver Wall of Fame Class

Retrieved on: 
Friday, November 1, 2019

READING, Pa., Nov. 1, 2019 /PRNewswire/ -- The Penske Logistics Premier Driver Recognition Program has welcomed eight of its safest truck drivers into its 2019 Driver Wall of Fame.

Key Points: 
  • READING, Pa., Nov. 1, 2019 /PRNewswire/ -- The Penske Logistics Premier Driver Recognition Program has welcomed eight of its safest truck drivers into its 2019 Driver Wall of Fame.
  • The Premier Driver Recognition Program has three levels to honor consecutive safe driving without an accident: Diamond (20 years), Platinum (15 years) and Gold (10 years).
  • Now in its third year, the Penske Logistics Driver Wall of Fame has 49 all-time members on display at the company's global headquarters in Reading, Pennsylvania.
  • The Penske Logistics 2019 Driver Wall of Fame inductees:

Penske Corporation Announces Investment in Carsharing Service Called Penske Dash

Retrieved on: 
Tuesday, October 22, 2019

BLOOMFIELD HILLS, Mich., Oct. 22, 2019 /PRNewswire/ --Penske Corporation, a diversified, on-highway, transportation services company, announced today its investment in Penske Dash, a carsharing service launching in Washington, DC and Arlington, VA, this week.

Key Points: 
  • BLOOMFIELD HILLS, Mich., Oct. 22, 2019 /PRNewswire/ --Penske Corporation, a diversified, on-highway, transportation services company, announced today its investment in Penske Dash, a carsharing service launching in Washington, DC and Arlington, VA, this week.
  • Penske Dash is partnering with Ridecell for its technology capabilities and Volkswagen for its OEM capabilities, and is co-owned by transportation industry leaders Penske Corporation and Penske Transportation Solutions.
  • Penske Corporation Chairman Roger Penske said, "Penske Dash furthers our commitment to embrace new technologies while addressing the mobility needs for our consumers.
  • Penske Dash, a free-floating carsharing service, is a joint venture with transportation industry leaders Penske Corporation and Penske Transportation Solutions.

Barrett-Jackson Ends 2019 Auction Season with Diverse, 100-Percent No Reserve Docket, Hosts Automotive Legend Roger Penske

Retrieved on: 
Monday, October 7, 2019

Barrett-Jackson , The Worlds Greatest Collector Car Auctions, finished its 2019 auction season with its first 100-percent No Reserve collector car and automobilia auction in nearly a decade.

Key Points: 
  • Barrett-Jackson , The Worlds Greatest Collector Car Auctions, finished its 2019 auction season with its first 100-percent No Reserve collector car and automobilia auction in nearly a decade.
  • Barrett-Jackson Las Vegas Auction was an incredible way to cap off our 2019 auction season, said Craig Jackson , chairman and CEO of Barrett-Jackson.
  • It was also a true highlight to host Roger Penske, one of the greatest automotive legends of our time.
  • The top five automobilia pieces sold during the 2019 Barrett-Jackson Las Vegas auction included:
    Consignments for the 2020 Scottsdale Auction are now being accepted.

Penske Automotive Group Dealerships Named Best To Work For

Retrieved on: 
Tuesday, September 24, 2019

BLOOMFIELD HILLS, Mich., Sept. 24, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that thirty-three (33) of its dealerships have been recognized by Automotive News on the Best Dealerships to Work 2019 List, more than any other dealership group.

Key Points: 
  • BLOOMFIELD HILLS, Mich., Sept. 24, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that thirty-three (33) of its dealerships have been recognized by Automotive News on the Best Dealerships to Work 2019 List, more than any other dealership group.
  • Penske Automotive Group dealerships were honored with the top six positions and seventeen out of the top 25 on the annual list.
  • The award-winning dealerships are:
    Chevrolet - Cadillac of Turnersville, Turnersville, New Jersey www.chevroletofturnersville.com ; www.cadillacofturnersville.com
    Commenting on the announcement, Penske Automotive Group Chairman Roger Penske said, "To be recognized by Automotive Newswith thirty-three (33) dealerships on the List of the Top 100 Best Dealership to Work for 2019 is an extraordinary accomplishment.
  • Like Penske Automotive on Facebook: https://facebook.com/penskecars
    Follow Penske Automotive on Twitter: https://twitter.com/penskecars
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    Visit Penske Automotive on YouTube: http://www.youtube.com/penskecars

Discount Tire And Team Penske Extend Long-Standing Partnership

Retrieved on: 
Wednesday, August 7, 2019

"We're proud to continue our winning relationship with Roger and Team Penske," said Michael Zuieback, chief executive officer of Discount Tire.

Key Points: 
  • "We're proud to continue our winning relationship with Roger and Team Penske," said Michael Zuieback, chief executive officer of Discount Tire.
  • Discount Tire and Team Penske first partnered in 2010, a season that culminated in an Xfinity Series Championship for Brad Keselowski and a series record of 26 top-five finishes for Team Penske.
  • "Team Penske's partnership with Discount Tire continues to grow and is a bond that has reaped many benefits for both companies," said Roger Penske.
  • The team also races in the Virgin Australia Supercars Championship, in a partnership with Dick Johnson Racing, as DJR Team Penske.

The SAE Foundation Recognizes Roger Penske With the Industry Leadership Award and Raises Nearly $300,000 for STEM Education

Retrieved on: 
Thursday, May 16, 2019

The Foundation presented the prestigious Industry Leadership Award to Roger Penske, Chairman, Penske Corporation recognizing his profound impact on the automotive industry and his philanthropic leadership in the renaissance and revitalization of Detroit.

Key Points: 
  • The Foundation presented the prestigious Industry Leadership Award to Roger Penske, Chairman, Penske Corporation recognizing his profound impact on the automotive industry and his philanthropic leadership in the renaissance and revitalization of Detroit.
  • Karen Healy received the Donald W. Ableson Award for Visionary Leadership for her significant contributions to advance the mission of the SAE Foundation.
  • Funds raised by the SAE Foundation support SAE International's award-winning A World In Motion (AWIM) program, Collegiate Design Series (CDS), awards and scholarships.
  • Overall, SAE's STEM programs have reached more than 5 million students worldwide and engaged more than 30,000 STEM industry professionals as volunteers.

MoneyLion Announces Workplace Financial Wellness Partnership with Penske Automotive Group

Retrieved on: 
Monday, February 4, 2019

The partnership will enable Penske Automotive Group associates in the U.S. to sign up for MoneyLion Bonus, a financial wellness program designed to help them gain access to financial products and tools beyond what a traditional bank offers.

Key Points: 
  • The partnership will enable Penske Automotive Group associates in the U.S. to sign up for MoneyLion Bonus, a financial wellness program designed to help them gain access to financial products and tools beyond what a traditional bank offers.
  • Expanding beyond its primary sponsorship of Team Penske, MoneyLion is committed to improving the financial health of Penske Automotive Group associates across the country.
  • "We are excited to roll our employer sponsored financial wellness membership program out to Penske Automotive Group, providing their associates with the tools and advice they need to reduce financial stress and more quickly reach their financial goals," said Dee Choubey, CEO and Co-Founder at MoneyLion.
  • "What began as a sponsorship of Team Penske on the racetrack has evolved into a powerful opportunity for all of our employees," said Roger Penske, Chairman of Penske Automotive Group.