Penske Automotive Group, Inc. acquired D. Longo, Inc. and El Monte Automotive Group Inc and Ltp Automotive, Llc and S J Automotive, Llc.

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2025.11.19 19:40
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Penske Automotive Group, Inc. (NYSE:PAG) acquired D. Longo, Inc., El Monte Automotive Group Inc, Ltp Automotive, Llc, and S J Automotive, Llc on November 19, 2025. The purchase was funded through the company's U.S. credit agreement and a note payable to the seller.