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Penske Automotive Group (PAG) is a 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.
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
In August 2013, AutoNation announced the sale of its 9 millionth vehicle which was a record achievement for the industry. [ 23 ] On April 11, 2017, USA Today wrote that AutoNation's CEO Mike Jackson questioned the market value of Tesla , the maker of electric cars, by saying that Tesla is "either one of the great Ponzi schemes of all time or it ...
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Aisin automatic transmissions are manufactured by Aisin-Warner (AW) which was established in 1969 as a joint venture between Aisin and BorgWarner.While Aisin Seiki manufactures a variety of automotive components including automatic transmissions for heavy duty vehicle applications, Aisin AW manufactures automatic transmissions for light vehicle applications, including hybrid electric vehicle ...