08:03 AM EST, 11/19/2025 (MT Newswires) -- Penske Automotive ( PAG ) said Wednesday that it has acquired two Toyota and two Lexus car dealerships in California and Texas.

Financial terms were not disclosed.

The locations include dealerships in California's El Monte and

San Jose and the Dallas suburb of Prosper in Texas, the company said.

The dealerships are estimated to add $1.5 billion in annualized revenue, the company said.