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It was first charted by the British Antarctic Expedition (1907–09) which named this feature for Albrecht Penck, the Director of the Institute of Oceanography and of the Geographical Institute in Berlin.
The feature was mapped from surveys by the Falkland Islands Dependencies Survey (1960–61), and named by the United Kingdom Antarctic Place-Names Committee after the Arrol-Johnston car, which was adapted for use by Ernest Shackleton's Nimrod Expedition (1907–09) and was the first mechanical transport used in Antarctica.
It was discovered by the British Antarctic Expedition (1907–09) and named Mount Asquith for H. H. Asquith, Prime Minister of the United Kingdom, 1908–16, who was instrumental in securing a grant from the United Kingdom Government to pay off the expedition's debts.