Nicole Group: Penske Automotive Acquires 49% Stake In A Japanese Luxury Dealership Group

Penske Automotive Group, Inc. (NYSE: PAG), an automotive and commercial vehicle dealership operator, announced on Thursday its entry to the Japanese market.Penske Automotive stated that it acquired a 49 percent stake in the Nicole Group, a luxury dealership group that operates in Tokyo and Kanagawa.Nicole Group operates 4 BMW and ...Full story available on Benzinga.com