Penske Automotive Group Inc at Gabelli Funds Automotive Symposium Transcript

Oct 31, 2022 / 08:00PM GMT
Brian C. Sponheimer - Gabelli Funds, LLC - Research Analyst

We have quite a bit to talk about with our next presenter. We have Tony Pordon here from Penske Automotive Group. I think the automotive now sells short the total just here. But Tony is the Executive Vice President of Investor Relations and Corporate Development for Penske, which is headquartered in Bloomfield Hills, Michigan and is a diversified international transportation services company that operates automotive, commercial vehicle dealerships principally in U.S., Canada and Western Europe.

It is the largest retailer in luxury vehicles in the U.K. has an interesting commercial vehicle and engine business in Australasia and is also a 29% owner of Penske Transportation Services, also known -- or formerly known as Penske Truck Leasing. So a lot to get over or a lot to go over here, and we'll get right into it with Tony. So thank you very much for being here, Tony. Let me know if I've undersold any part of the Penske business here?

Anthony R. Pordon - Penske Automotive Group, Inc. - Executive VP of IR &

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