PENSKE AUTOMOTIVE GROUP TO EXPAND PRESENCE IN THE UNITED KINGDOM

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Signs Agreement to Acquire 15 Premium Dealerships Representing Estimated Annualized Revenue of $1 Billion

BLOOMFIELD HILLS, Mich., Dec. 11, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four…

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