Acquiring Company
Penske Automotive
Acquired Company
Longo Toyota
Bloomfield HillsEl MonteEl MonteSan JoseProsperHardwareOil And GasTransportationAutomotiveMotor Vehicle ManufacturingRetailAutomotiveManufacturingRetailDescription
Penske Automotive Group, Inc. has acquired Longo Toyota and Longo Lexus, as well as two other dealerships in California and Texas. This strategic acquisition is expected to add $1.5 billion in estimated annualized revenue. The transaction closed on November 19, 2025, enhancing Penske's presence in key markets.
Quick answer
Penske Automotive is acquiring Longo Toyota, Longo Lexus and Lexus of Stevens Creek, announced November 19, 2025. Penske Automotive is based in Bloomfield Hills, Michigan, United States.
- How much did Penske Automotive pay for Longo Toyota?
- The deal value was not disclosed.
- What does Penske Automotive do?
- Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck..
- Where are Penske Automotive and Longo Toyota based?
- Penske Automotive is based in Bloomfield Hills, Michigan, United States. Longo Toyota is based in El Monte, California, United States.
- Who are the decision-makers at Penske Automotive?
- Fundz holds 3 contacts at Penske Automotive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Penske Automotive, and when
When Penske Automotive changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Penske Automotive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Penske Automotive, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Longo Toyota?
Longo Toyota was acquired by Penske Automotive, based in Bloomfield Hills. The deal was reported on November 19, 2025. Penske Automotive is publicly traded (PAG) and operates in Hardware.
When did Penske Automotive acquire Longo Toyota?
Penske Automotive's acquisition of Longo Toyota was reported on November 19, 2025. Penske Automotive Group, Inc. has acquired Longo Toyota and Longo Lexus, as well as two other dealerships in California and Texas. This strategic acquisition is expected to add $1.5 billion in estimated annualized revenue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Longo Toyota do?
Longo Toyota, founded in 1967, is the largest retailer of Toyota vehicles in the world and the #1 volume Toyota dealership in the U.S. Committed to building lifetime relationships with its guests, Longo delivers a world-class experience at every transaction. It is privately held, operating in Retail, and is based in El Monte.
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