Penske Automotive Group, Inc. 10-K filed Feb 27, 2026

Modified · Business Overview

Retail Automotive. We are one of the largest global automotive retailers as measured by the $26.227.5 billion in total retail automotive dealership revenue we generated in 20242025. We are diversified geographically with 5661% of our total retail automotive dealership revenues in 20242025 generated in the U.S. and Puerto Rico and 4439% generated outside of the U.S. We offer over 40 vehicle brands with 7271% of our retail automotive franchised dealership revenue in 2024 generated from premium brands, such as Audi, BMW, Land Rover, Lexus, Mercedes-Benz, and Porsche, and 23% of revenue generated from volume non-U.S. brands such as Toyota and Honda in 2025. As of December 31, 20242025, we operated 353365 retail automotive franchised dealerships, of which 148 are located in the U.S. and 205217 are located outside of the U.S., principally in the U.K. As of December 31, 20242025, we also operated 1615 used vehicle dealerships, with six dealerships in the U.S. operating under the brand name CarShop, nineeight dealerships in the U.K. operating under the brand name Sytner Select, and one dealership in Australia operating under the brand name Penske Select. We retailed and wholesaled, including agency units, more than 594,000583,000 vehicles in 20242025.