Penske Automotive Group, Inc. announced the opening of its eighth U.S.-based CarShop (www.carshop.com) location (and 23rd worldwide) in Scottsdale, Arizona, part of the Phoenix metropolitan area that ranks fifth in the U.S. in total population. The new dealership represents CarShop's latest expansion as a global brand that makes car buying easy and fun. The brand new, 45,000 square foot facility is located at the Scottsdale AutoShow on the Salt River Pima-Maricopa Indian Community. Shoppers can select from hundreds of cars in inventory or choose from CarShop's thousands of makes and models across the country, available for home delivery with a 5-day, 500-mile money-back guarantee. The dealership features a modern indoor area where shoppers can buy hassle-free from CarShop's no-pressure sales team, as well as a fully equipped service center staffed with ASE-certified technicians trained to care for all makes and models, regardless of where the vehicles were purchased.
Penske Automotive Group, Inc. is a diversified international transportation services company. The Company is also engaged in automotive and commercial truck retailing. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and retailers of commercial trucks in North America for freightliner. The Company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck segment consists of its retail commercial truck dealership operations in the United States and Canada. The Other segment consists of its commercial vehicle and power system distribution operations. The Non-Automotive Investments segment consists of its equity method investments in non-automotive operations, which includes its investment in Penske Transportation Solutions (PTS) and various other investments.