Penske Automotive Group Acquires Lexus Dealerships in Florida

Reuters

Jan 26

Penske Automotive Group Acquires Lexus Dealerships in Florida

Penske Automotive Group is set to acquire premier Lexus dealerships in Central Florida, expanding its presence in one of the fastest growing states in the U.S. The company expects the transaction to close in the first quarter of 2026, pending customary conditions, and plans to fund the purchase using cash flow from operations and its U.S. credit agreement. According to Penske Automotive Group, the acquisition will build on the company’s existing infrastructure in the region and further its strategic growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Penske Automotive Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE70497) on January 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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