Subsidy Tracker Parent Company Summary

Parent Company Name: 
Penske Truck Leasing
Ownership Structure: 
joint venture (owned by Penske Corporation, Penske Automotive Group, GE Capital and Mitsui)
Headquartered in: 
Pennsylvania
Major Industry: 
miscellaneous services
Specific Industry: 
truck leasing
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$847,1464
Federal (grants and allocated tax credits)$800,0002
TOTAL$1,647,1466
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

PENSKE LOGISTICS; PENSKE TRUCK LEASING

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
California$538,2222
Arizona$306,9341
Oregon$1,9901

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
PENSKE TRUCK LEASING CO., L.P. United States federal 2015 $400,000 federal grant
PENSKE TRUCK LEASING CO., L.P. United States federal 2017 $400,000 federal grant
PENSKE TRUCK LEASING COMPANY, LP California state 2011 $361,565 training reimbursement
Penske Truck Leasing Co Arizona state 2011 $306,934 training reimbursement
PENSKE TRUCK LEASING COMPANY, LP California state 2014 $176,657 training reimbursement
Penske Truck Leasing Oregon state 2012 $1,990 tax credit/rebate
Penske Truck Leasing Company, LP California state 2009 undisclosed training reimbursement
PENSKE LOGISTICS Michigan local 2001 undisclosed property tax abatement
PENSKE TRUCK LEASING COMPANY, LP California state 2012 undisclosed training reimbursement
Penske Truck Leasing California local 2012 undisclosed enterprise zone
Penske Truck Leasing, Co. Massachusetts state 2015 undisclosed tax credit/rebate
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