BLOOMFIELD HILLS, Mich., Sept. 28, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that severe storms at its Genesis, Honda, Hyundai, and Toyota dealerships located in Round Rock, Texas, disrupted operations and caused significant hail damage to over 750 new, used and customer service loaner vehicles. The Company estimates these vehicles represent over $27 million in inventory value. Most of the damaged vehicles are not repairable and are anticipated to be total losses.
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