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Penske Motor Group is an El Monte, California, U.S.–based, subsidiary of Penske Corporation, managed by Gregory Penske.The group operates three automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area and Lexus of Stevens Creek in the San Francisco Bay Area.
Mercedes-Benz USA (MBUSA) is the distributor for Mercedes-Benz passenger cars in the United States, headquartered in Sandy Springs, a suburb of Atlanta, Georgia. [1] Mercedes-Benz USA was founded in 1965 to integrate sales in the most important foreign market into the Group. Previously, the distribution was taken over by partners. [2]
Through a joint venture with Mercedes-Benz, Stewart & Stevenson built 700 “Starship” transit buses from 1987-1992. In 1988 the company was granted exclusive territory for Electro-Motive Diesel engines, including 10 southern states, Mexico, and Central America. In 1989 it was awarded a John Deere light industrial dealership.
The company became the American importer for Mercedes-Benz, Auto Union, and DKW automobiles and many Studebaker dealers sold those brands, as well. C-W gained the use of idle car plants and tax relief on their aircraft profits while Studebaker-Packard received further working capital to continue car production.
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