Penske

  • Fact 2.1m
    Article

    Shifting gear

    2018-11-26T09:26:49Z

    Brazilian vehicle sales have been gathering pace recently, as the country tentatively recovers from its long recession. Light vehicle sales have shown some growth, while bus and truck sales have positively motored ahead. Vehicle sales this year, however, have been tarnished somewhat by stalling exports – especially to Argentina, which ...

  • Brazil factfile
    Article

    Waking up to a new dawn

    2018-04-27T15:51:03Z

    Brazilian vehicle manufacturers are increasingly optimistic that the country can claw its way out of a deep recession. The country is experiencing a period of low inflation, low interest rates, light GDP growth and a tentative recovery in employment, reflected in improving purchasing power and consumer confidence. Moreover, consumers with ...

  • penske2016_sd
    Article

    Penske speaks out on maintenance issues

    2018-03-12T18:21:26Z

    Penske Truck Leasing has implemented a new voice-directed digital maintenance system for its North American fleet of more than 266,000 vehicles. The move will help it improve accuracy and consistency, reduce paperwork and ensure regulatory compliance, according to the Pennsylvania-based third-party logistics provider. The new approach also allows it to ...

  • Room_MEX_Edit
    Article

    Mexico conference: Uncertainty well-balanced with optimism

    2018-01-31T15:55:30Z

    While a degree of uncertainty over the future of free trade between Mexico and its Nafta neighbours to the north once again hung over discussions at this year’s Automotive Logistics Mexico conference, it was more than matched by confidence in the future of the automotive sector. That confidence is being ...

  • Alex Feijolo
    Article

    Holding on to the hard-won gains in Brazil

    2017-12-01T16:11:55Z

    The Brazilian economy has had it rough over the past few years, experiencing its deepest recession since the 1930s, with GDP growth shrinking for eight consecutive quarters. That contributed to a drought in new vehicle sales from 2013 through to 2016. This long crisis laid waste to many parts of ...

  • ALSA 2017 - Photo: Ricardo Lisboa
    Article

    South America summit: Brazil faces ‘lost decade’ amid slow recovery

    2017-11-29T16:22:47Z

    Despite a 25% increase in production this year, the Brazilian automotive industry is forecast to grow only slowly in coming years, delegates at this week’s Automotive Logistics South America summit were warned. After four years of declining demand, including a dramatic drop in vehicle sales and production in ...

  • Andy Moses Penske Logistics
    Article

    IT implementation: Touching the cutting edge

    2017-11-10T14:45:31Z

    Twenty years ago, parts of today’s automotive supply chain would have seemed like science fiction – plants keeping just a few hours’ worth of highly traceable inventory, unmanned drones being used to monitor site activity, glasses with computer chips in them, self-driving vehicles, and management systems that predict the future, ...

  • FAIR_S_1[3]_opt
    Article

    BMW i Ventures and Penske invest in flexible car ownership app

    2017-10-25T11:47:00Z

    Investors including BMW i Ventures and Penske Automotive Group have participated in a funding round for the flexible car ownership mobile app, Fair, which attracted nearly $1 billion in offers from investors. Fair allows customers to get approved for a monthly payment for a car on their phone by scanning ...

  • Ford_awards
    Article

    Logistics providers recognised at Ford World Excellence Awards

    2017-06-28T16:19:25Z

    Left to right: Hau Thai-Tang, group vice-president, global purchasing, Ford; Jeff Bullard, senior vice-president of operations central region, Penske; and Raj Nair, executive vice-president and president, Ford Ford has recognised logistics providers Penske Logistics and M&M Cartage at its 19 th World Excellence Awards, held recently at the ...

  • Penske
    Article

    Penske Truck Leasing launches new platform to improve uptime, safety and compliance

    2017-04-26T15:04:21Z

    US-based truck-leasing firm, Penske Truck Leasing, has launched its Connected Fleet Solutions platform which it says can connect virtually any truck, engine configuration and telematics service provider. It will also benefit Penske’s logistics division with more than 20,000 vehicles within its truck rental and logistics fleet connected to the platform ...