Penske Automotive accepts offer, will be bought out
CDL & Trucking News · · Source: FreightWaves · By John Kingston · 2 min read at the source
Penske Automotive has chosen to accept the buyout offer from its two corporate owners for what they do not own already.
Reported by John Kingston for FreightWaves (Trucking), originally published October 15, 2026.
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Topics: Trucking, Mitsui & Co., Penske Automotive Group, Penske Corp., Penske Logistics, Penske Transportation Management