Automotive industry in Australia to falling sales, the operation reverted to assembly only in 1968. A new company, Motor Producers Limited, was formed and operations were expanded to include Datsun and Volvo models as well as Volkswagens. The factory was sold to Nissan in 1976 and Australian assembly of Volkswagens ended shortly after. There are a number of current, previous or future small scale producers of cars in Australia, including; Current tuning or customisation companies in Australia include: Automotive industry in Australia A substantial car industry was created in Australia in the 20th century through the opening of Australian plants by international manufacturers. The
Penske Automotive Group in May 1999. On July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. On June 5, 2009, it was announced that Penske Automotive would purchase the Saturn brand and its assets from the bankrupt General Motors. Less than four months later, on September 30, Penske announced it would no longer acquire Saturn from GM due to manufacturing uncertainties. Penske Automotive Group Penske Automotive Group, headquartered in Bloomfield Hills, Michigan, is an international company that operates automotive and commercial dealerships principally in North America and