Analyst Coverage

Bank of America/Merrill Lynch John Murphy 646-855-2025
Buckingham ResearchJoe Amaturo212-922-1815
ConsumerEdge ResearchJames Albertine617-335-7658
GuggenheimAli Faghri310-319-2562
Morgan StanleyArmintas Sinkevicius212-296-5469
MorningstarDavid Whiston312-384-5442
North Coast ResearchJohn Healy216-468-6907
Stephens, Inc.N. Richard Nelson312-292-5768
Williams Research PartnersMike Ward203-966-2626
Penske Automotive Group is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Penske Automotive Group's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Penske Automotive Group or its management. Penske Automotive Group does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.