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Penske Automotive Group, Inc. (PAG) is an American transportation services company headquartered in Bloomfield Hills, Michigan.It operates automotive and commercial truck dealers principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, engines, power systems, and related parts and services principally in Australia and New Zealand.
Market incentives and subsidized leases were implemented to help sales which was crucial to keeping the plants operating at capacity, which in turn drove a significant portion of the Michigan economy. [21] These promotional strategies, including rebates, employee pricing and 0 percent financing, have boosted sales but have also cut into profits.
Motor vehicle manufacturers based in Michigan — companies currently or formerly having their primary base of operations in the state. For vehicle factories, see Category: Motor vehicle assembly plants in Michigan .
New Jaguar Type 00 Design Vision concept car has caused as much of a stir as controversial Jaguar brand launch video
The Premier Automotive Group was formed in 1999 under then-CEO Jacques Nasser and grew to include the Lincoln, Aston Martin, Jaguar, Land Rover and Volvo brands. Forbes estimated that, by 2004, Ford had spent $17 billion building on acquisitions to form PAG.
In September 2017, Jaguar Land Rover announced that all new Jaguar and Land Rover models launched from the 2020 model year will have an all-electric or hybrid powertrain option. [73] In October 2017, JLR announced that its electrification programme will start with the Range Rover Sport P400e for the 2018 model year, a plug-in hybrid model due ...
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