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Premier Truck Group

Full company profile

uuid0009a5q

Namestring
Premier Truck Group
Legal namestring
Premier Truck Group
Company typeenum
Private
Founded yearint
1977
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices41 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial truck sales, truck dealership services, fleet maintenance repair, used truck retail, collision repair services
Industry2 codes
1Class 7–8 Heavy-Duty Truck & Tractor Manufacturing
CodeIMACABACPrimaryYes
2Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility)
CodeIMACABAFPrimaryNo
NAICS code2 codes
  • Heavy Duty Truck Manufacturing33612
  • Truck Trailer Manufacturing336212
SIC code1 code
  • Wholesale-Motor Vehicle Supplies & New Parts5013
Product category
Commercial Truck Dealership
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1New Truck Sales
TypeOne Time License
Description

Sale of new commercial trucks from brands including Freightliner, Western Star, Isuzu, and Thomas Built Buses

premiertruck.com:443
2Used Truck Sales (SelecTrucks)
TypeOne Time License
Description

Sale of pre-owned semi-trucks through SelecTrucks brand, one of North America's largest used semi-truck retailers

premiertruck.com:443
3Parts Sales
TypeOne Time License
Description

Sale of OEM and aftermarket parts with $90M+ in parts inventory across locations

premiertruck.com:443
4Service and Collision Repair
TypeProfessional Services
Description

Maintenance, repair, and collision services with 870+ service bays and 175+ collision bays across network

premiertruck.com:443
5Financing Services
TypeProfessional Services
Description

Vehicle financing and extended warranty/ protection plan services

premiertruck.com:443
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components1 value
Operations
Pricing details1 tier
1Financing through dealership network
ModelOtherBilling cadencePay-as-you-go
Notes

$5,000 Down Payment Allowance promotions available on qualified used trucks. Job-site Jumpstart and 90-day no-pay savings programs offered.

premiertruck.com:443
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1SelecTrucks
Description

Premier Truck Group's used semi-truck retail brand, representing one of North America's largest selections of quality used commercial vehicles.

premiertruck.com
+1 more record
Core offering1 text field

Premier Truck Group is a commercial truck dealership network operating 45+ locations across the U.S. and Canada. The company sells new commercial trucks from Freightliner, Western Star, Thomas Built Buses, and Isuzu, plus pre-owned semi-trucks through the SelecTrucks brand. It also operates collision centers, an online parts ordering platform (Excelerator Parts), financing services, mobile field service, and scheduled maintenance with 900+ factory-trained technicians and 870+ service bays.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • One of North America's largest selections of used commercial vehicles
+2 more records
Product overview1 text field

Premier Truck Group is a commercial truck dealership network operating as a subsidiary of Penske Automotive Group. The company offers a platform of new and used commercial trucks from multiple brands (Freightliner, Western Star, Thomas Built Buses, Isuzu) plus SelecTrucks for used vehicles, supported by comprehensive after-sale services including collision centers, parts (Excelerator Parts), financing, mobile field service, and scheduled maintenance. The company operates 45+ locations across the U.S. and Canada with 900+ technicians and 870+ service bays.

Product and service11 records
1Freightliner Trucks
CategoryNew Truck Sales
Description

Full lineup of Freightliner commercial trucks including Cascadia, M2 106, M2 112, 122SD, 108SD, 114SD, and ECONIC SD models for on-highway and vocational applications, sold to commercial fleet operators and owner-operators.

2Western Star Trucks
CategoryNew Truck Sales
Description

Vocational and on-highway trucks including 47X, 49X, and 57X models built in America with Detroit and Cummins engine options.

3Thomas Built Buses
CategoryNew Bus Sales
Description

Bus lineup including school buses, childcare buses, activity buses, specialty buses, commercial buses, and electric buses (Saf-T-Liner C2 Jouley Gen 2).

4Isuzu Trucks
CategoryNew Truck Sales
Description

Commercial trucks including NPR, NQR, NRR models and NRR-EV electric truck for urban deliveries and environmentally conscious businesses.

5SelecTrucks
CategoryUsed Truck Sales
Description

Used semi-truck retail brand backed by Daimler Truck, offering one of North America's largest selections of quality used commercial vehicles at locations across the U.S. and Canada.

6Collision Centers
CategoryCollision Repair Services
Description

Collision repair services at 11+ dealership locations including Amarillo, Chattanooga, Dallas Area, Kansas City, Knoxville, La Crosse, Oklahoma City, Portland, Salt Lake City, Tulsa, and Twin Falls, with 175+ collision bays across the network.

7Excelerator Parts
CategoryParts Sales
Description

Online parts ordering and tracking service enabling customers to order and track parts, supported by $90M+ in parts inventory across the dealership network.

8Truck Financing
CategoryFinancing Services
Description

Flexible vehicle financing solutions tailored to customer budgets with financing applications available across all dealership locations, including down payment allowance promotions and no-pay savings programs.

9Mobile Field Service
CategoryField Service
Description

Mobile on-site maintenance and repair service with 80+ mobile service trucks deployed across the network for repairs at customer locations.

10Service & Maintenance
CategoryMaintenance & Repair
Description

Scheduled preventative maintenance and repair services delivered by 900+ factory-trained technicians across 870+ service bays at dealership locations for trucks, buses, and motorhomes.

11Fleet Services
CategoryFleet Services
Description

Dedicated fleet management and support services for larger commercial truck operators, providing specialized commercial truck sales and service support through the dealership network.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership with UTI providing 12 weeks of hands-on training taught by certified UTI instructors for soldiers transitioning from Fort Bliss military base to civilian careers as diesel mechanics. Upon completion, graduates join PTG dealership network.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership program with UTI and Fort Bliss offering transitioning military soldiers training opportunities to become diesel mechanics. PTG onboards 8-10 transitioning military vets every 12 weeks.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

SelecTrucks is backed by Daimler Truck, the parent company of Freightliner and Western Star. Daimler Truck is the largest heavy-duty manufacturer of Class 6-8 vehicles in North America.

Strategic tierCoreTypeTechnology or Integration
Description

Premier Truck Group is an authorized dealer for Thomas Built Buses, representing school buses, childcare buses, activity buses, specialty buses, commercial buses, and electric buses (Saf-T-Liner C2 Jouley Gen 2).

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeDirect peer
Description

Rush Enterprises (NASDAQ: RUSHA/RUSHB) is the largest network of commercial truck dealerships in North America and the most directly comparable peer, representing Peterbilt, International, and Hino. Like Premier Truck Group, Rush operates a multi-state dealership footprint with full-service parts, service, and collision capabilities.

TypeDirect peer
Description

Velocity Vehicle Group is one of the largest Daimler Truck dealers in North America, representing Freightliner, Western Star, and Thomas Built Buses across the western U.S. Direct competitor to Premier Truck Group with overlapping OEM partnerships and similar vocational truck focus.

TypeDirect peer
Description

The Larson Group is a major Peterbilt commercial truck dealer network across the central and southeastern U.S. Comparable scale and full-service model (sales, parts, service, collision) makes it a direct competitor for fleet and vocational truck customers.

TypeDirect peer
Description

MHC Kenworth is a large PACCAR (Kenworth) dealer network across the Midwest, South, and Southwest. Competes head-to-head with Premier Truck Group for fleet sales, parts, and service contracts across overlapping geographies.

TypeDirect peer
Description

TEC Equipment is a major Volvo Trucks and Mack dealer network on the U.S. West Coast. Comparable dealership scale, vocational truck focus, and full-service offerings make it a direct peer in overlapping Pacific Northwest and Western geographies.

TypeDirect peer
Description

Truck Centers of America operates a multi-state Freightliner dealership network in the Midwest. Directly comparable as a Daimler-affiliated dealer with full service, parts, and collision capabilities competing for similar fleet and vocational customers.

TypeDirect peer
Description

Nuss Truck & Equipment is a multi-state commercial truck dealership group representing Volvo, Mack, and Isuzu across the Upper Midwest. Comparable in scale and full-service model, with overlap in Isuzu product lines with Premier Truck Group.

TypeDirect peer
Description

Worldwide Equipment is a major commercial truck dealer network in the southeastern U.S., representing multiple brands. Comparable in dealership scale, vocational truck focus, and customer base (fleet operators and owner-operators).

TypeBroad incumbent
Description

SelecTrucks is Daimler's corporate used semi-truck retail brand. While Premier Truck Group operates SelecTrucks franchised locations, Daimler-owned SelecTrucks centers and competitors represent both a partnership and a partial competitive overlap in used truck retailing.

TypeEmerging player
Description

Ritchie Bros. is the largest used commercial truck and equipment auctioneer. While not a traditional dealer, it competes with Premier Truck Group's SelecTrucks business for used truck buyers and could capture share as digital auction channels expand.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Premier Truck Group

Commercial Truck Dealershippremiertruck.com

Premier Truck Group firmographics

Firmographics
Name
Premier Truck Group
Legal name
Premier Truck Group
Website
https://premiertruck.com
Company type
Private
Founded year
1977
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Premier Truck Group industry classification

Industry
Product category
Commercial Truck Dealership
NAICS
Heavy Duty Truck Manufacturing (33612), Truck Trailer Manufacturing (336212)
SIC
Wholesale-Motor Vehicle Supplies & New Parts (5013)
akta.pro primary industry
Class 7–8 Heavy-Duty Truck & Tractor Manufacturing (IMACABAC)
akta.pro secondary industry
Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility) (IMACABAF)

Keywords

  • Commercial truck sales
  • Truck dealership services
  • Fleet maintenance repair
  • Used truck retail
  • Collision repair services

Where Premier Truck Group is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Offices41 records

Markets served

Premier Truck Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations

Revenue model

  1. New Truck Sales: Sale of new commercial trucks from brands including Freightliner, Western Star, Isuzu, and Thomas Built Buses
  2. Used Truck Sales (SelecTrucks): Sale of pre-owned semi-trucks through SelecTrucks brand, one of North America's largest used semi-truck retailers
  3. Parts Sales: Sale of OEM and aftermarket parts with $90M+ in parts inventory across locations
  4. Service and Collision Repair: Maintenance, repair, and collision services with 870+ service bays and 175+ collision bays across network
  5. Financing Services: Vehicle financing and extended warranty/ protection plan services

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goFinancing through dealership network

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Premier Truck Group product offering

Product offering

Core offering

Premier Truck Group is a commercial truck dealership network operating 45+ locations across the U.S. and Canada. The company sells new commercial trucks from Freightliner, Western Star, Thomas Built Buses, and Isuzu, plus pre-owned semi-trucks through the SelecTrucks brand. It also operates collision centers, an online parts ordering platform (Excelerator Parts), financing services, mobile field service, and scheduled maintenance with 900+ factory-trained technicians and 870+ service bays.

Product overview

Premier Truck Group is a commercial truck dealership network operating as a subsidiary of Penske Automotive Group. The company offers a platform of new and used commercial trucks from multiple brands (Freightliner, Western Star, Thomas Built Buses, Isuzu) plus SelecTrucks for used vehicles, supported by comprehensive after-sale services including collision centers, parts (Excelerator Parts), financing, mobile field service, and scheduled maintenance. The company operates 45+ locations across the U.S. and Canada with 900+ technicians and 870+ service bays.

Differentiator

Problem solved

Functional benefit

Brands

  • SelecTrucks: Premier Truck Group's used semi-truck retail brand, representing one of North America's largest selections of quality used commercial vehicles.
  • Premier Bus Group

Products and services

  • Freightliner Trucks Full lineup of Freightliner commercial trucks including Cascadia, M2 106, M2 112, 122SD, 108SD, 114SD, and ECONIC SD models for on-highway and vocational applications, sold to commercial fleet operators and owner-operators.
  • Western Star Trucks Vocational and on-highway trucks including 47X, 49X, and 57X models built in America with Detroit and Cummins engine options.
  • Thomas Built Buses Bus lineup including school buses, childcare buses, activity buses, specialty buses, commercial buses, and electric buses (Saf-T-Liner C2 Jouley Gen 2).
  • Isuzu Trucks Commercial trucks including NPR, NQR, NRR models and NRR-EV electric truck for urban deliveries and environmentally conscious businesses.
  • SelecTrucks Used semi-truck retail brand backed by Daimler Truck, offering one of North America's largest selections of quality used commercial vehicles at locations across the U.S. and Canada.
  • Collision Centers Collision repair services at 11+ dealership locations including Amarillo, Chattanooga, Dallas Area, Kansas City, Knoxville, La Crosse, Oklahoma City, Portland, Salt Lake City, Tulsa, and Twin Falls, with 175+ collision bays across the network.
  • Excelerator Parts Online parts ordering and tracking service enabling customers to order and track parts, supported by $90M+ in parts inventory across the dealership network.
  • Truck Financing Flexible vehicle financing solutions tailored to customer budgets with financing applications available across all dealership locations, including down payment allowance promotions and no-pay savings programs.
  • Mobile Field Service Mobile on-site maintenance and repair service with 80+ mobile service trucks deployed across the network for repairs at customer locations.
  • Service & Maintenance Scheduled preventative maintenance and repair services delivered by 900+ factory-trained technicians across 870+ service bays at dealership locations for trucks, buses, and motorhomes.
  • Fleet Services Dedicated fleet management and support services for larger commercial truck operators, providing specialized commercial truck sales and service support through the dealership network.

Quantifiable outcome

  • One of North America's largest selections of used commercial vehicles
  • +2 more outcomes

Companies that use Premier Truck Group

Customer profile

Segments6 records

Ideal customer profiles5 records

Premier Truck Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Premier Truck Group partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

  • UTI (Universal Technical Institute)coreStrategic or Co-development PartnerPartnership with UTI providing 12 weeks of hands-on training taught by certified UTI instructors for soldiers transitioning from Fort Bliss military base to civilian careers as diesel mechanics. Upon completion, graduates join PTG dealership network.
  • Fort Bliss Military BasecoreStrategic or Co-development PartnerPartnership program with UTI and Fort Bliss offering transitioning military soldiers training opportunities to become diesel mechanics. PTG onboards 8-10 transitioning military vets every 12 weeks.
  • Daimler Truck (SelecTrucks parent)flagshipStrategic or Co-development PartnerSelecTrucks is backed by Daimler Truck, the parent company of Freightliner and Western Star. Daimler Truck is the largest heavy-duty manufacturer of Class 6-8 vehicles in North America.
  • Thomas Built BusescoreTechnology or IntegrationPremier Truck Group is an authorized dealer for Thomas Built Buses, representing school buses, childcare buses, activity buses, specialty buses, commercial buses, and electric buses (Saf-T-Liner C2 Jouley Gen 2).

Scale indicators10 records

Recent moves5 records

Premier Truck Group competitors and assessment

Company assessment

Direct peers

  • Rush Enterprises: Rush Enterprises (NASDAQ: RUSHA/RUSHB) is the largest network of commercial truck dealerships in North America and the most directly comparable peer, representing Peterbilt, International, and Hino. Like Premier Truck Group, Rush operates a multi-state dealership footprint with full-service parts, service, and collision capabilities.
  • Velocity Vehicle Group: Velocity Vehicle Group is one of the largest Daimler Truck dealers in North America, representing Freightliner, Western Star, and Thomas Built Buses across the western U.S. Direct competitor to Premier Truck Group with overlapping OEM partnerships and similar vocational truck focus.
  • The Larson Group: The Larson Group is a major Peterbilt commercial truck dealer network across the central and southeastern U.S. Comparable scale and full-service model (sales, parts, service, collision) makes it a direct competitor for fleet and vocational truck customers.
  • MHC Kenworth: MHC Kenworth is a large PACCAR (Kenworth) dealer network across the Midwest, South, and Southwest. Competes head-to-head with Premier Truck Group for fleet sales, parts, and service contracts across overlapping geographies.
  • TEC Equipment: TEC Equipment is a major Volvo Trucks and Mack dealer network on the U.S. West Coast. Comparable dealership scale, vocational truck focus, and full-service offerings make it a direct peer in overlapping Pacific Northwest and Western geographies.
  • Truck Centers of America: Truck Centers of America operates a multi-state Freightliner dealership network in the Midwest. Directly comparable as a Daimler-affiliated dealer with full service, parts, and collision capabilities competing for similar fleet and vocational customers.
  • Nuss Truck & Equipment: Nuss Truck & Equipment is a multi-state commercial truck dealership group representing Volvo, Mack, and Isuzu across the Upper Midwest. Comparable in scale and full-service model, with overlap in Isuzu product lines with Premier Truck Group.
  • Worldwide Equipment: Worldwide Equipment is a major commercial truck dealer network in the southeastern U.S., representing multiple brands. Comparable in dealership scale, vocational truck focus, and customer base (fleet operators and owner-operators).

Broad incumbents

  • SelecTrucks (Daimler corporate): SelecTrucks is Daimler's corporate used semi-truck retail brand. While Premier Truck Group operates SelecTrucks franchised locations, Daimler-owned SelecTrucks centers and competitors represent both a partnership and a partial competitive overlap in used truck retailing.

Emerging players

  • Ritchie Bros. Auctioneers: Ritchie Bros. is the largest used commercial truck and equipment auctioneer. While not a traditional dealer, it competes with Premier Truck Group's SelecTrucks business for used truck buyers and could capture share as digital auction channels expand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Premier Truck Group social profiles

Digital presence

Premier Truck Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Premier Truck Group leadership team

Management profile

Number of profiles

Profiles12 records

Premier Truck Group subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Premier Truck Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Premier Truck Group M&A and investment

M&A and investment

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Premier Truck Group

What does Premier Truck Group do?

Premier Truck Group is a commercial truck dealership network operating 45+ locations across the U.S. and Canada. The company sells new commercial trucks from Freightliner, Western Star, Thomas Built Buses, and Isuzu, plus pre-owned semi-trucks through the SelecTrucks brand. It also operates collision centers, an online parts ordering platform (Excelerator Parts), financing services, mobile field service, and scheduled maintenance with 900+ factory-trained technicians and 870+ service bays.

Is Premier Truck Group a public or private company?

Premier Truck Group is a private company. It is classified as corporate owned and is currently operating.

When was Premier Truck Group founded?

Premier Truck Group was founded in 1977. It employs 1,001 to 5,000 people.

Where is Premier Truck Group based?

Premier Truck Group is headquartered in Dallas, United States, in the North America region.

How does Premier Truck Group make money?

Five revenue lines are on record. New Truck Sales are the primary driver. The others are used Truck Sales (SelecTrucks), parts Sales, service and Collision Repair and financing Services.

Who are Premier Truck Group's main competitors?

Direct peers on record are Rush Enterprises, Velocity Vehicle Group, The Larson Group, MHC Kenworth, TEC Equipment, Truck Centers of America, Nuss Truck & Equipment and Worldwide Equipment. SelecTrucks (Daimler corporate) is listed as a broad incumbent. Ritchie Bros. Auctioneers is listed as an emerging player.

Does Premier Truck Group have an API?

No public API is recorded for Premier Truck Group.

What industry is Premier Truck Group in?

Premier Truck Group's product category is Commercial Truck Dealership. Its primary akta.pro industry code is IMACABAC, Class 7–8 Heavy-Duty Truck & Tractor Manufacturing, with a secondary code of IMACABAF, Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility). Its NAICS code is 33612 and its SIC code is 5013.

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Live signals
Seeking AlphaPenske Stock: Improved Trucking Boosting Profits, Acquisition Offer Capping ReturnsPenske Automotive Group is rated Hold with a $195 target, citing deal uncertainty and moderate earnings growth. Its subsidiary Premier Truck Group has a 10.4k-unit backlog expected to deliver in H2, but sustainability is questioned ahead of 2027 emissions rules. The $210/share acquisition offer is non-binding with a 70% completion probability.YahooPAG Q2 Deep Dive: Diversification and Commercial Truck Momentum Drive OutperformancePenske Automotive Group reported Q2 CY2026 revenue of $8.51 billion, up 11.1% year on year and beating Wall Street consensus estimates of $7.99 billion, with non-GAAP EPS of $3.62 outperforming analyst forecasts by 6.7%. The company attributed the outperformance to strong commercial truck demand, with Premier Truck Group recording a 170% year-over-year increase in North American Class 8 truck orders, alongside growth in service, parts, and international operations. Management expects the majority of current truck orders to convert to retail sales in the second half of 2026, supported by a robust backlog and continued portfolio optimization.The Motley FoolPenske (PAG) Q3 2025 Earnings Call TranscriptPenske Automotive Group reported Q3 2025 revenue of $7.7 billion, up 1%, with EBT of $292 million, net income of $213 million, and diluted EPS of $3.23, driven by strong 5% growth in U.S. retail automotive same-store revenue offset by challenges in commercial truck and U.K. operations. The company faced approximately $23 million in EBT headwinds from a Land Rover cyber incident ($5 million), U.K. social program cost increases ($2-3 million), and Premier Truck Group freight market weakness ($15 million), while maintaining strong cash flow of $852 million from operations year-to-date. Strategic initiatives include the completed acquisition of Ferrari's Modena dealership, a $1.5 billion acquisition pipeline expected to close in Q4, and expansion of Chinese automotive brands (Chery, Geely, BYD, MG) across U.K. and German dealerships.DBusiness MagazinePenske Automotive Reports $7.7B in Q3 Revenue, Hits Record for Parts and ServicePenske Automotive Group reported third-quarter revenue of $7.7 billion, up 1.4 percent year-over-year, driven by record automotive service and parts performance with revenue up 8 percent and gross profit up 7 percent to $818.3 million. However, the North American freight market weakness significantly impacted its commercial truck operations, with Premier Truck Group retail unit sales declining 19 percent and earnings before taxes dropping to $41.5 million from $56.5 million in the prior year period. Additionally, challenges in the U.K. auto retail market stemming from a cybersecurity incident at an OEM partner and increased social program costs, along with a higher tax rate, negatively impacted third-quarter earnings by approximately $23 million.GlobeNewswireRIZON Expands Electric Fleet Offerings in Canada with Premier Truck Group of MississaugaPremier Truck Group of Mississauga signed a contract to become a RIZON Truck Canada dealer, servicing the Greater Toronto and Southern Ontario areas. RIZON offers Class 4-5 all-electric trucks with 70-250 km range, supporting last-mile delivery and municipal services.PR NewswirePREMIER TRUCK GROUP ACQUIRES RIVER STATES TRUCK AND TRAILERPremier Truck Group announced its acquisition of River States Truck and Trailer, aimed at expanding its North American operations into Wisconsin and Minnesota. This acquisition is expected to generate an additional $200 million in estimated annualized revenue for Premier Truck Group. With this move, Premier Truck Group aims to enhance its customer service and operational efficiency while expanding its presence across 48 locations in the U.S. and Canada.Investing.comPremier Truck Group acquires River States Truck and Trailer By Investing.comPremier Truck Group, a subsidiary of Penske Automotive Group, has acquired River States Truck and Trailer Inc. to expand its commercial trucking operations in North America. The deal integrates five facilities across Wisconsin and Minnesota into Premier's network, adding an estimated $200 million in annualized revenue and expanding its heavy truck collision repair capabilities.Fleet News DailyPREMIER TRUCK GROUP ACQUIRES RIVER STATES TRUCK AND TRAILER - Fleet News DailyPremier Truck Group has acquired River States Truck and Trailer, Inc. based in La Crosse, WI. The acquisition is projected to add $200 million in estimated annualized revenue to Premier Truck Group, expanding its footprint to 48 locations across the United States and Canada.PR NewswireUniversal Technical Institute, BMW of North America and Premier Truck Group Help Military Service Members Transition to Civilian LifeUniversal Technical Institute, BMW of North America and Premier Truck Group are celebrating the success of their on-base veteran technician training programs this Veterans Day, with programs operating at Camp Pendleton, Fort Bragg and Fort Bliss that have helped transitioning military members secure jobs at their dealership networks. The BMW MSTEP program, launched in 2018, is the first premium luxury on-base automotive training program, while Premier Truck Group's Diesel Tech Career Program, launched in January 2021, has placed 40 graduate veterans in jobs. Both programs are employer-paid and designed to address the companies' ongoing need for trained automotive and diesel technicians.TheTrucker.comKansas City Freightliner sold to Penske Automotive and Premier Truck GroupPenske Automotive Inc. and its subsidiary Premier Truck Group have acquired Kansas City Freightliner from the Westfall O’Dell Dealer Group in a transaction facilitated by Performance Brokerage Services. The deal includes five dealerships and multiple service centers across Kansas and Missouri, adding approximately $450 million in annual revenue to Penske's portfolio.