Trading house ups its long-term bet on US dealership group
The operator of the largest Toyota dealership in the U.S. falls under the umbrella of Penske Automotive. (Photo obtained by Nikkei)
KENTO HIRASHIMA
October 16, 2026 06:06 JST
TOKYO -- Mitsui & Co. will take U.S.-based Penske Automotive Group private with fellow shareholder Penske Corp., the Japanese trading house said Thursday.
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