The Company is engaged in the sale of new and used motor vehicles and related products and services, including vehicle service, parts, collision repair, finance and lease contracts, third-party insurance products and other aftermarket products.
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Penske Automotive Group is the exclusive auto distributor for smartCars in North America and Puerto Rico. There is already a one year reservation wait for these in a majority of regions, the cars are the true "compact" car for urban parking, and the gas mileage is superb. As our gas prices increase, it only makes sense that people will look to a more fuel-efficient car, and starting at $11,600 with a high safety rating and 40 city/45 highway mpg, this is the ideal solution.