June 08, 2012

Fisker extends US dealer network with Penske Automotive Group

Fisker Automotive is joining forces with Penske Automotive Group, a leading international auto retailer, to market and service Fisker cars in Arizona and the surrounding region.

Penske Automotive Group, a subsidiary of the Penske Corporation founded and
chaired by Roger Penske, will operate the new franchise outlet - Fisker of Scottsdale.

The addition of the new Arizona outlet will bring to 80 the number of independent retail locations in the US, Canada and Europe serving Fisker. Of that total, Fisker’s award-winning Karma model is sold through 48 outlets in North America alone, and will soon be distributed for the first time in China and the Middle East following new retail agreements in both regions.

Fisker executives welcomed the partnership with Penske, a proven and well-resourced auto retail group with 336 retail automotive franchises representing 42 different brands and 29 collision repair centers.

“Penske Automotive Group is one of the most respected and successful auto retail companies in the world,” said Matthew Malfitano, Director of North American Operations at Fisker Automotive. “Their support speaks volumes about Fisker’s market potential. Fisker is proud to be part of the Penske team and we look forward to a fruitful relationship.”

“Penske Automotive Group is excited to have Fisker of Arizona as the exclusive Fisker retailer in the region. Our research shows there is strong demand for clean, energy-efficient luxury cars. Fisker will make a fine addition to Penske’s portfolio of premium brands,” said Dave Wallace, Penske Area Vice-President.


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