The first Down Under location for Penske Truck Leasing Co., L.P. will be co-located at a Brisbane truck dealership operated by Australia-based Penske Commercial Vehicles, which exclusively distributes as well as MAN trucks in both Australia and New Zealand.
The venture, officially dubbed Penske Commercial Leasing Australia, is going to market under the brand name “Penske Truck Rental.” Reading, PA-based Penske Truck Rental noted that the collaboration combines its “fleet operations expertise with the market knowledge of Penske Commercial Vehicles.”
“We have an ambitious growth plan for our truck leasing and rental businesses,” said Brian Hard, president & CEO of Penske Truck Leasing. “This new location will serve as a foundation for us to begin expanding and serving commercial truck fleet customers throughout Australia.”
Penske Truck Rental’s Australian operation will launch initially with a 20-truck fleet of MAN (pictured) and Western Star “prime movers.” These first units will boast such specs as the 560-hp DD15 turbodiesel and Eaton UltraShift Plus automated-mechanical transmissions.