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Roger Penske among those to be inducted in Automotive Hall of Fame

2015-06-14 09:22:58| Automakers - Topix.net

A lot more attention may be given to Motorsports Hall of Fame inductees each year, but no less important to the industry are those who are named to the Automotive Hall of Fame, for without their innovations and devotion the industry there would not be any cars to race. This year's inductees include Roger Penske, 78, founder of Penske Corp. and Penske Racing; Elwood Haynes, who co-founded Haynes-Apperson Automobile Co.

Tags: of automotive hall roger

 

Penske Logistics Completes Acquisition of Transfreight North America

2015-05-14 12:31:07| Industrial Newsroom - All News for Today

READING, Pa - Penske Logistics announced it has successfully completed its planned acquisition of Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui Co., Ltd. Financial terms were not disclosed. Were pleased to have successfully completed the acquisition, said...

Tags: north america acquisition logistics

 
 

Roger Penske explores opening auto racing museum in Detroit

2015-05-06 14:36:17| Auto Dealers - Topix.net

Auto racing team owner and businessman Roger Penske says he's exploring opening an auto racing museum in downtown Detroit. Penske tells the Detroit Free Press that "being able to have something downtown might very interesting."

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Penske Sees Used Sales Go Up and Profits Decline

2015-04-30 02:19:50| AutomotiveDigest.com - Automotive Industry News

Penske Automotive Group says that it had higher used-car sales in the first quarter of this year, but lower gross margins. Year-over-year, used vehicle sales through its franchise dealer chain increased by 6.7% to 48,057 vehicles sold; and same-store used retail revenue increased by 5.56%. The average gross profit per used unit declined to $1,758 from $1,922 in the first quarter of 2014. The Article Penske Sees Used Sales Go Up and Profits Decline appeared first on Automotive Digest.

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Mazak and Penske Racing Continue Winning Partnership

2015-04-20 12:31:14| Industrial Newsroom - All News for Today

FLORENCE, Ky. Building on a winning tradition that spans over 20 years, Mazak Corporation is pleased to announce its continued partnership with Penske Racing for all cars competing in the NASCAR Sprint Cup and Verizon IndyCar Series, as well as one car in the NASCAR XFINITY series. Mazak Corporation and Penske...

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