The Isaac Agnew Group of Northern Ireland is the most recent addition to the Penske Automotive family. The group, which sold 7,000 new units last year, is comprised of Volkswagen, Volvo, Porsche, Audi, Mercedes-Benz, and BMW/Mini franchises.
Chairman Roger Penske had this to say about the new acquisition, “This collection of dealerships has a strong legacy. The outstanding premium/luxury brand mix and leading market position of these dealerships provide an attractive entry point into this new market and complement our existing operations in the United Kingdom.”
The Isaac Agnew Group joins the 170 Penske Automotive franchises owned and operated outside the U.S. However, while expanding their reach to the UK, Penske Automotive has remained the second-largest automotive retailer in the United States.
Source: AutoNews.com