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Press Release

Penske Automotive Group to Host Third Quarter Earnings Conference Call

BLOOMFIELD HILLS, Mich., Oct 07, 2009 (BUSINESS WIRE) -- Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, will host its third quarter financial results conference call as follows:

WHEN: Friday, October 30, 2009
TIME: 2:00 p.m. Eastern Daylight Time
PHONE: United States, please call (800) 230-1085
International, please call (612) 288-0340
Note: Callers should dial in 5-10 minutes before the call begins.

The call will follow the release that morning of third quarter earnings for Penske Automotive Group and will be simultaneously broadcast over the Internet. This simultaneous webcast may be accessed through the Investor Relations section on the Penske Automotive Group website at www.penskeautomotive.com. Please select "Events & Presentations" under the Investor Relation's menu.

If you are unable to participate, a replay of the conference call will be available until Friday, November 6, 2009. To listen to the replay, please dial:

United States, please call (800) 475-6701 (access code 118489)

International, please call (320) 365-3844 (access code 118489)

A rebroadcast of the conference call will also be available on www.penskeautomotive.com beginning approximately one hour after completion of the live broadcast through Friday, November 13, 2009.

SOURCE: Penske Automotive Group, Inc.

Inquiries should contact:
Bob O'Shaughnessy
Chief Financial Officer
Penske Automotive Group, Inc.
248-648-2800
boshaughnessy@penskeautomotive.com
or
Anthony R. Pordon
Senior Vice President
Penske Automotive Group, Inc.
248-648-2540
tpordon@penskeautomotive.com

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