Leander, Texas — According to state and local economic development sources Penske Automotive Group plans to invest $7,500,000.00 to build out 45,000 square feet of new space for a new Honda dealership in Leander. The company plans to occupy the new space at 9550 183a Toll Road in Leander, on or about March 1, 2021. According to the company website Penske Automotive Group, Inc., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, 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. Penske Automotive Group (PAG) employs more than 27,000 people worldwide and is a member of the Fortune 500, and is ranked among the World’s Most Admired Companies by Fortune Magazine.

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

Company Contact:
Richard Hook, Chief Information Officer
https://www.linkedin.com/in/richard-hook-4983a3/
248-648-2500

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