BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Nov. 12, 2007--Penske
Automotive Group, Inc. (NYSE:PAG), an international automotive
retailer, announced today that Senior Management will present at the
Stephens Fall Investment Conference in New York, NY. The presentation
is scheduled to occur from 10:10 a.m. to 10:40 a.m. Eastern Time on
November 15, 2007.
Penske Automotive will simultaneously broadcast the audio portion
of this presentation over the Internet. The webcast may be accessed
through a link on the Penske Automotive Group website at
About Penske Automotive
Penske Automotive Group, Inc., headquartered in Bloomfield Hills,
Michigan, operates 307 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 162 franchises in 19 states
and Puerto Rico and 145 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, Chief Financial Officer, 248-648-2800
Tony Pordon, Senior Vice President, 248-648-2540
SOURCE: Penske Automotive Group, Inc.