Penske Truck Rental and Leasing Australia

Penske Truck Rental and Leasing Australia is a venture of Brisbane, Australia-based Penske Commercial Vehicles and U.S.-based Penske Truck Leasing, Co., L.P. offering commercial rental and leasing services of MAN, Freightliner, and Western Star prime movers in Australia. The venture operates as Penske Truck Leasing Australia and Penske Truck Rental Australia. The collaboration leverages Penske Truck Leasing's extensive fleet operations expertise and the market knowledge of Penske Commercial Vehicles, a wholly-owned subsidiary of Penske Automotive Group (NYSE: PAG). Founded in 1969, Penske Truck Leasing, Co., L.P. is one of the premier truck rental and leasing brands in North America, maintaining a fleet of more than 260,000 vehicles and employing approximately 30,000 people worldwide. The company's services aim to provide convenient and professional truck rental and leasing services across Australia.