The Penske Corporation is a diversified and closely held company, which offers transportation services. In year 2009, the company announced the purchase of Saturn brand and all of its assets held by the General Motors. The company has two subsidiaries the first one is Penske racing i.e. for high performance racing and another is Penske Motor Group i.e. for retail automotive. There are many companies in which Penske Corporation own their stake and also performs a controlling role. The company was established in the year 1969 and it employs more than five thousand employees in its facilities. The main products of the company also include truck leasing and logistics.