Penske’s pullout from the Australia Supercars Championship does NOT mean the United States-based giant is also bailing-out of its New Zealand and Australian new truck businesses, the Australasian arm of the group says.
Penske Australia & NZ has moved to snuff out any spinoff rumours along those lines in the wake of the US-based Team Penske’s departure from the Aussie V8 series and from its partnership with Dick Johnson Racing.
In a press release, Penske Australia & NZ president Randall Seymore reaffirms its longterm commitment to the NZ and Australian truck markets.
“Since Team Penske partnered with Dick Johnson to form DJR Team Penske several years ago, we have seen tremendous success on the track and in the boardroom.
“We thank DJR Team Penske for helping to make Penske and our brands household names, and we look forward to remaining Dick Johnson Racing’s biggest fans.”
Since establishing itself in Australasia in 2013, “Penske continues to invest heavily in its on-highway and off-highway operations, the statement says. 
“Penske Australia & NZ remains dedicated to our customer base, our more than 1000 employees and our OEM partners,” says Seymore.
“The growth of our business and loyalty of our employees, even during these challenging times, has been extraordinary. 
“Building on several significant wins recently in key markets such as road transport, energy solutions, defence and mining, we foresee a standout year for the business in 2021.
“Our team at Penske Australia & NZ will continue to build on our customer partnerships in 2021 and beyond, providing them with world-class customer service, along with our portfolio of superior products.”