Penske Truck Leasing, from the US, is to enter a joint venture with Penske Commercial Vehicles in Australia to start a truck rental business here. To be named Penske Commercial Leasing Australia, the operation will operate under the brand name, Penske Truck Rental.
This development has been widely expected since the Penske operation took over the business importing Western Star, MAN and Dennis Eagle into Australia. The Penske automotive retail empire in the US has been built on strong systems to offer a complete solution to truck operators. Renting trucks has been a major plank in the Penske model.
“We have an ambitious growth plan for our truck leasing and rental businesses,” said Brian Hard, President and CEO Penske Truck Leasing. “This new location will serve as a foundation for us to begin expanding and serving commercial truck fleet customers throughout Australia.”
The Penske Truck Rental operation has set up its first office at the Brisbane Truck Centre in Rocklea, Queensland. Initially consisting of 20 trucks, the fleet of MAN and Western Star prime movers will be offered for rental as of this week.
“We’re excited to bring a new level of customer service as well as quality, well-maintained rental vehicles to Australia’s trucking and logistics industry,” said Adrian Beach, General Manager of Penske Commercial Leasing Australia. “We plan to expand rental services into other areas in coming months.”
“To help ensure convenience and productivity all Penske rental trucks are equipped with toll transponders, GPS units, and have full fuel tanks on pick up.”