Penske Automotive acquires Terry Lee Hyundai and Genesis of Noblesville, Indiana.

M2 EQUITYBITES-May 4, 2022--Penske Automotive acquires Terry Lee Hyundai and Genesis of Noblesville, Indiana

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Auto Business News - 04 May 2022

Penske Automotive Group, Inc. (NYSE: PAG), a Us-based diversified international transportation services company and an automotive and commercial truck retailer, has acquired Terry Lee Hyundai and Genesis of Noblesville, Indiana.

This move is intended to increase the company's presence in the Indianapolis metropolitan market.

The transaction is likely to generate annualised...

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