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Penske Automotive Opens New Porsche Dealership
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Porsche West Broward Begins Operations in April 2016

BLOOMFIELD HILLS, Mich., April 6, 2016 /PRNewswire/ -- Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today the grand opening of its newest dealership, Porsche West Broward, located at 4641 SW 148th Avenue, along the Interstate 75 auto corridor in Davie, Florida.  The new dealership represents PAG's eighth Porsche dealership in the United States and sixteenth worldwide.

Porsche West Broward sits on a nine-acre site with 66,000 square feet of facilities and a two-story showroom offering the Porsche enthusiast a wide selection of new and pre-owned vehicles. In addition, the dealership offers 21 service bays with state-of-the-art diagnostic tools and a detail center with rapid repair to provide Porsche customers with additional capacity to service vehicles in operation across southeast Florida.  The dealership also offers a Porsche boutique and specifications lounge.  

Whit Ramonat, Penske Automotive Group's Central Region Executive Vice President said, "Porsche West Broward is one of the largest dealerships for the Porsche brand worldwide and will provide Porsche customers an outstanding environment and world-class customer service.  The opening of our newest Porsche dealership helps us build additional scale in southeast Florida, an important growth market, while continuing to enhance our company's premium brand mix."

Porsche West Broward began operations on April 4, 2016.

About Penske Automotive
Penske Automotive Group, Inc., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand.  PAG employs more than 22,000 people worldwide and is a member of the Fortune 500 and Russell 2000.  For additional information, visit the company's website at www.penskeautomotive.com.

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Inquiries should contact:

J. D. Carlson

Anthony R. Pordon

Executive Vice President and

Executive Vice President, Investor

Chief Financial Officer

Relations and Corporate Development

Penske Automotive Group, Inc.

Penske Automotive Group, Inc.

248-648-2810

248-648-2540

jcarlson@penskeautomotive.com

tpordon@penskeautomotive.com

 

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SOURCE Penske Automotive Group, Inc.