Penske Automotive Group said it signed an agreement to acquire 15 dealerships from one of the U.K.'s largest luxury car retailers, representing about $1 billion in annual revenue.
Penske Automotive Group said it signed an agreement to acquire 15 dealerships from one of the U.K.'s largest luxury car retailers, representing about $1 billion in annual revenue.
The developments can help manufacturers pivot from specialized to multipurpose needs during skills shortages and other challenges.