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Related Party Transactions - Joint ventures (Details) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2020 USD ($) | Dec. 31, 2020
Bentley, Ferrari, Maserati | Edison, New Jersey |  |
Related party transactions |  |
Ownership percentage of equity method investment | 20.00% | 20.00%
Lexus Toyota Volkswagen | Frankfurt, Germany |  |
Related party transactions |  |
Ownership percentage of equity method investment | 50.00% | 50.00%
BMW, MINI | Barcelona Spain |  |
Related party transactions |  |
Ownership percentage of equity method investment | 50.00% | 50.00%
BMW, MINI, Rolls-Royce, Ferrari and ALPINA | Tokyo, Japan |  |
Related party transactions |  |
Ownership percentage of equity method investment | 49.00% | 49.00%
Penske Commercial Leasing Australia |  |
Related party transactions |  |
Ownership percentage of equity method investment | 28.00% | 28.00%
Audi, Mercedes-Benz, Sprinter, Porsche | Fairfield, Connecticut |  |
Related party transactions |  |
Ownership percentage of Consolidated Entity | 80.00% | 80.00%
Mercedes-Benz | Greenwich, Connecticut |  |
Related party transactions |  |
Ownership percentage of Consolidated Entity | 80.00% | 80.00%
BMW, MINI, Maserati, Porsche, Audi, Land Rover, Volvo, Mercedes-Benz, smart and Lamborghini | Northern Italy |  |
Related party transactions |  |
Ownership percentage of Consolidated Entity | 84.10% | 84.10%
Audi, Maserati, SEAT, Skoda, Volkswagen | Aachen, Germany |  |
Related party transactions |  |
Additional ownership percentage acquired | 8.20% |
Purchase price of investment in joint venture | $ 5.0 |
PTL |  |
Related party transactions |  |
Ownership interest in Penske Truck Leasing Co (as a percent) |  | 28.90%

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