Paralyzed Veterans of America announces $1.08 million donation from Penske Automotive Group

Paralyzed Veterans of America announced a $1.08 million donation from Penske Automotive Group on April 20, 2026, through the company's Service Matters campaign.

Rhea-AI Summary

Paralyzed Veterans of America announced a $1.08 million donation from Penske Automotive Group on April 20, 2026, through the company's Service Matters campaign. The gift brings Penske's partnership total to more than $12 million since 2015 and supports PVA's 80th anniversary mission.

The funds combine customer and employee contributions with company matching to support veterans with spinal cord injuries and diseases, access to benefits, specialized care, and career resources.

Positive

• $1.08 million donation announced April 20, 2026
• Penske partnership has raised more than $12 million since 2015
• Funds support veterans with spinal cord injuries and diseases' benefits, care, and careers

Negative

• None.

Argus Apr 20 session

+0.93% close to close Open Argus

Details

News Market Reaction – PAG

On Apr 20, the day this news came out, PAG closed 0.93% above the previous close.

Data tracked by StockTitan Argus for the Apr 20 session.

Market Context

This announcement emphasizes Penske Automotive Group’s long-running partnership with PVA, including ...

Analysis

This announcement emphasizes Penske Automotive Group’s long-running partnership with PVA, including a new $1.08 million donation and more than $12 million in cumulative support since 2015. It reinforces PAG’s brand and community engagement rather than altering financial guidance. In context of recent earnings, acquisitions, and an effective S-3ASR shelf, investors may watch how such corporate responsibility initiatives complement growth, capital deployment, and future regulatory filings.

Key Figures

2026 donation: $1.08 million All-time support: more than $12 million Partnership start year: 2015 +4 more

2026 donation

$1.08 million

Service Matters campaign contribution from Penske Automotive Group

All-time support

more than $12 million

Cumulative Penske Automotive Group support to PVA since 2015

Partnership start year

2015

Penske Automotive Group–PVA partnership inception

PVA anniversary

80th year

PVA service to veterans with spinal cord injuries and diseases

Founding year

1946

Year PVA was founded

Countries reached

over 60 countries

Scope of PVA-provided resources

Languages

four languages

Languages in which PVA resources are provided

Historical Context

5 past events · Latest: Apr 13

5 events

1. Apr 13

   Earnings call scheduled

   24h Move

   +0.3%

   Set date and webcast details for Q1 2026 earnings call.

2. Feb 24

   Acquisition completed

   24h Move

   -0.8%

   Closed Lexus of Orlando and Winter Park, adding $450M annualized revenue.

3. Feb 11

   Earnings results

   24h Move

   +5.4%

   Reported Q4/FY2025 results with flat revenue and higher dividend.

4. Jan 26

   Acquisition announced

   24h Move

   +0.6%

   Signed agreement to buy two Lexus dealerships, adding $450M revenue.

5. Jan 21

   Earnings call scheduled

   24h Move

   +2.6%

   Announced date and access details for FY2025 earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

spinal cord injuries, americans with disabilities act

2 terms

spinal cord injuries medical

"serving veterans with spinal cord injuries and diseasesWASHINGTON, April 20, 2026 --"

Spinal cord injuries occur when the bundle of nerves that carries signals between the brain and the rest of the body is damaged, often causing paralysis, loss of sensation, or impaired control of bodily functions; think of it like cutting a building’s main electrical cable. Investors care because these injuries create large, ongoing needs for treatments, devices and long-term care, so clinical trial results, regulatory approvals and cost trends can strongly affect the value of companies working in this space.

americans with disabilities act regulatory

"Milestones include securing landmark legislation such as the Americans with Disabilities Act;"

A federal law that requires public spaces, workplaces, transportation and digital services to be accessible to people with disabilities, similar to a building code that ensures ramps and elevators are in place. Investors care because compliance affects costs, legal risk and a company’s ability to reach customers and employees: businesses that meet accessibility rules avoid fines and lawsuits, protect reputation, and can tap a larger market, while noncompliance can lead to unexpected expenses and lost revenue.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Gift brings all-time support to more than $12 million as PVA marks its 80^th year serving veterans with spinal cord injuries and diseases

WASHINGTON, April 20, 2026 /PRNewswire/ -- Paralyzed Veterans of America today announced it received a donation of $1.08 million from long-time partner Penske Automotive Group through the company's annual Service Matters campaign. The amount includes donations from Penske Automotive Group's customers and employees, as well as matching contributions from the company. Since the partnership began in 2015, more than $12 million has been raised to support PVA's mission of helping veterans living with spinal cord injuries and diseases to access the benefits they earned, the specialized care they need, and the meaningful careers they want.

"Partners like Penske Automotive Group help redefine what is possible for veterans living with spinal cord injuries and diseases," said Robert Thomas, U.S. Army Veteran and National President of PVA. "As we mark PVA's 80th anniversary, this partnership is proof that, together, we can create opportunities, remove barriers, and empower veterans to live life on their own terms after injury or diagnosis."

"We are honored to support the incredible work of Paralyzed Veterans of America," said Robert H. Kurnick, Jr., President of Penske Automotive Group. "This contribution reflects our appreciation for the sacrifices made by our nation's veterans, and our commitment to helping ensure they receive the care, resources and opportunities they deserve. I am grateful to our customers, partners and employees for their generous support in funding this important mission to make a meaningful difference in the lives of our veterans."

The contribution comes as PVA celebrates its 80th anniversary, marking eight decades as a relentless ally for veterans living with SCI/D and all people with disabilities. Since 1946, PVA has achieved significant victories in the fight for disability civil rights and in advancing SCI/D research and education. Milestones include securing landmark legislation such as the Americans with Disabilities Act; pioneering wheelchair basketball; authoring national accessibility standards used globally; funding research that led to the development of the first non-addictive pain medication in over a decade; and providing resources in over 60 countries and four languages.

Visit PVA.org/PAGServes or contact a Penske Automotive Group dealership to learn more about this partnership and the Service Matters campaign. To learn more about PVA and how you can support veterans living with SCI/D, visit PVA.org.

About Paralyzed Veterans of America Paralyzed Veterans of America is a 501(c)(3) non-profit and the only congressionally chartered veterans service organization dedicated solely for the benefit and representation of veterans with spinal cord injury or diseases. The organization ensures veterans receive the benefits earned through service to our nation; monitors their care in VA spinal cord injury units; and funds research and education in the search for a cure and improved care for individuals with paralysis.

As a life-long partner and advocate for veterans and all people with disabilities, PVA also develops training and career services, works to ensure accessibility in public buildings and spaces, and provides health and rehabilitation opportunities through sports and recreation. With more than 70 offices and 33 chapters, Paralyzed Veterans of America serves veterans, their families, and their caregivers in all 50 states, the District of Columbia, and Puerto Rico. Learn more at PVA.org.

About Penske Automotive Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. PAG operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. PAG employs over 27,700 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions ("PTS"), a business that employs over 42,000 people worldwide, manages one of the largest, most comprehensive and modern trucking fleets in North America with over 396,600 trucks, tractors, and trailers under lease, rental, and/or maintenance contracts and provides innovative transportation, supply chain, and technology solutions to its customers. PAG is a member of the S&P Mid Cap 400, Fortune 500, Russell 1000, and Russell 3000 indexes. For additional information, visit the Company's website at www.penskeautomotive.com.

Contact: Kristina Packard, PVA
KristinaP@PVA.org
(703) 282-8121 cell

Contact: Tony Pordon, Penske Automotive Group
TPordon@PenskeAutomotive.com
(248) 648-2540 office

View original content to download multimedia:https://www.prnewswire.com/news-releases/paralyzed-veterans-of-america-announces-1-08-million-donation-from-penske-automotive-group-302746013.html

SOURCE Paralyzed Veterans of America

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did Penske Automotive Group donate to Paralyzed Veterans of America on April 20, 2026 (PAG)?

Penske donated $1.08 million on April 20, 2026. According to Penske Automotive Group, the gift includes customer and employee donations plus company matching to support PVA programs for veterans with SCI/D.

What does the $1.08 million Penske contribution mean for Paralyzed Veterans of America (PAG) programs?

The contribution provides direct support for benefits access, specialized care, and career resources for veterans. According to Paralyzed Veterans of America, funds will bolster services for people living with spinal cord injuries and diseases during PVA's 80th year.

How long has Penske Automotive Group partnered with Paralyzed Veterans of America (PAG) and how much have they raised?

Penske's partnership began in 2015 and has raised over $12 million to date. According to Paralyzed Veterans of America, the total includes customer, employee donations and company matching across the partnership.

How can donors or customers participate in the Penske Service Matters campaign supporting PVA (PAG)?

Customers and employees can contribute at Penske dealerships and online via the campaign. According to Penske Automotive Group, donations and corporate matching make up the annual Service Matters gift supporting PVA programs.

Will the Penske donation announced April 20, 2026 affect PVA’s 80th anniversary activities?

The donation accompanies PVA's 80th anniversary and funds program support during the milestone year. According to Paralyzed Veterans of America, the gift helps sustain services, research initiatives, and outreach tied to the anniversary.

Where can investors and supporters find more information about the Penske-PVA partnership (PAG)?

Information is available at the partnership web page and Penske dealerships. According to Paralyzed Veterans of America, visit PVA.org/PAGServes or contact a Penske Automotive Group dealership for campaign details and donation options.