Leander, Texas — According to state and local development sources, Leander Hyundai/Penske Automotive Group plans to invest $8,000,000.00 to build out 46,081 square feet of new space in Leander. The company plans to occupy the new space at 9550 183A Toll Rd. Bldg. 2 in Leander, on or about October 1, 2024. According to the company website Penske Automotive Group, Inc., (NYSE:PAG) is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, the United Kingdom, Canada and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. PAG is a member of the Fortune 500, Russell 1000 and Russell 3000 indexes, and is ranked among the Worlds Most Admired Companies by Fortune Magazine.

To learn more about Leander Hyundai/Penske Automotive Group, visit http://www.penskeautomotive.com/

Company Contact:
Robert Kurnick, President
rkurnick@penskeautomotive.com
248-648-2500

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