Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.

Penske Automotive Group has acquired London, Ontario-based Team Truck Centres, a retailer of medium- and heavy-duty Freightliner and Western Star commercial trucks.

The decision between leasing or buying new trucks often comes down to dollars and cents, and can have far-reaching effects on a company’s long-term finances, industry experts said.