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Penske Truck Leasing Co., L.P. is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. Headquartered in Reading, Pennsylvania , the company was founded by Team Penske owner Roger Penske on December 1, 1969.
Penske Truck Leasing is still based in Reading. Maple Grove Raceway opened in 1962 and hosts a NHRA Camping World Drag Racing Series event since 1985. Duryea Drive, which ascends Mount Penn in a series of switchbacks, was a testing place for early automobiles and was named for Charles Duryea.
Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing, transportation, logistics, and motorsports industries. Penske operates in over 3,200 locations and employs more than 70,000 people globally. [2]
Roger Searle Penske (born February 20, 1937) is an American auto racing team owner, businessman, and former professional driver. Penske is the owner of Team Penske , the Indianapolis Motor Speedway , IndyCar , and other auto racing-related businesses.
Penske Truck Leasing; R. Reading Traction Company; X. Xander (automobile) This page was last edited on 16 February 2024, at 23:02 (UTC). Text is available under ...
Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
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