From time to time we like to use this space to highlight important events in the lives of our clients. Recently, one of our clients, Penske Automotive, announced that it is opening a new MINI dealership in Arizona.
Here are the details:
BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, today announced the opening of its new 19,300 square foot, state-of-the-art MINI dealership in Tempe, Arizona. The new franchise, awarded by MINI, represents the company’s second MINI dealership in the Phoenix market and its fourth in the United States. MINI of Tempe is situated on a three-and-a-half acre site in the Tempe Autoplex along Interstate 10 in Tempe, Arizona. The new dealership offers floor to ceiling windows, bold colors associated with the unique image of the MINI brand, innovative product displays, and 15 service bays. The company currently estimates this dealership will generate approximately $20 million in annualized revenue in its first year of operation.
To read the rest of the press release, click here. To learn more about Penske, click here.
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