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Penske acquires MTU Detroit - yet again...

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9 years 7 months ago #148628 by theroadbossman
Penske acquires MTU Detroit - yet again... was created by theroadbossman
Announced today that effective October 1st 2014 Penske Automotive Group will own 100% of MTU Detroit Diesel here in Australia and in New Zealand. PAG did own them back in the period 1997 - 2001.
PAG acquired Western Star a little while ago and this one won't be the last. Watch this space ;)
Austral Tourmaster with 6V92T mechanical

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9 years 7 months ago - 9 years 7 months ago #148629 by bparo
Replied by bparo on topic Re: Penske acquires MTU Detroit - yet again...
For those who follow the V8 Supercars Penske have signed up a deal with Dick Johnson Racing which will see Marcus Ambrose racing in Australia. My guess is MTU will be a sponsor but I am not sure what else Penske have planned. I guess we will see as it's announced.
Having lived through a pandemic I now understand all the painting of fat people on couches!
Last edit: 9 years 7 months ago by bparo.

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9 years 5 months ago #148630 by Lang
Replied by Lang on topic Re: Penske acquires MTU Detroit - yet again...
The Penske Western Star and MTU operations are for the Australian distribution. Looking at the current shareholding it seems that Daimler still totally hold the production company (Freightliner as well).

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