United Kingdom-Based Sytner Selected as Dealer Group of the Year
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--July 19, 2007--Penske
Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, announced that its wholly owned subsidiary, The Sytner
Group, was named Dealer Group of the year in the United Kingdom by
Motor Trader magazine. Sytner is the third largest dealer group in the
U.K. and represents 132 franchises and has more than 4,700 employees.
Sytner was recognized for its achievements in automotive retailing
and for its listing as one of the Best 100 Companies to Work For in
the United Kingdom. Specifically, Sytner's focus on its employees, its
ability to acquire, integrate and improve acquired businesses, and its
development of new and innovative dealership concepts such as the
first-of-its-kind service drives in the U.K. contributed to receiving
Sytner Group Managing Director Gerard Nieuwenhuys said, "Sytner's
selection for this prestigious award verifies our group aim to be
famous for delighting our customers, employees and manufacturers. We
have invested in a culture designed to create motivated, well-trained
and satisfied employees where customer satisfaction is our number one
priority. This achievement recognizes the successes we have achieved
and the contributions of each employee."
Penske Automotive Group, Inc., headquartered in Bloomfield Hills,
Michigan, operates 311 retail automotive franchises, representing 40
different brands, and 26 collision repair centers. Penske Automotive,
which sells new and previously owned vehicles, finance and insurance
products and replacement parts, and offers maintenance and repair
services on all brands it represents, has 164 franchises in 19 states
and Puerto Rico and 147 franchises located outside the United States,
primarily in the United Kingdom. Penske Automotive is a member of the
Fortune 500 and Russell 1000 and has 16,000 employees.
CONTACT: Penske Automotive Group, Inc.
Bob O'Shaughnessy, 248-648-2800
Chief Financial Officer
Tony Pordon, 248-648-2540
Senior Vice President
SOURCE: Penske Automotive Group, Inc.