History
Penske Automotive was originally founded as United Automotive Group, in 1990 and was acquired by Penske Corporation and Roger Penske in May 1999. On July 2, 2007 United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG.
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“The history of a soldier’s wound beguiles the pain of it.”
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But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
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