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2009 smart fortwo Ranked as Most Fuel Efficient All Gas Powered Vehicle in the U.S.

EPA Rates smart fortwo Most Fuel Efficient Non-Hybrid Vehicle

BLOOMFIELD HILLS, Mich., Oct 21, 2008 (BUSINESS WIRE) -- The 2009 smart fortwo has been ranked as the most fuel efficient, non-hybrid vehicle in the United States by the U.S. Environmental Protection Agency's 2009 Fuel Economy Guide. The guide places the fortwo as fifth overall in the ranking for fuel efficiency. The smart fortwo is sold in the United States by smart USA Distributor LLC, a subsidiary of Penske Automotive Group, Inc. (NYSE: PAG).

"The smart fortwo demonstrates there are options, other than hybrids, when seeking excellent fuel economy at a time when fuel prices have been at a historic high," said Dave Schembri, president of smart USA. "This vehicle has a low cost of ownership starting under $12,000 and is one of the most ecological vehicles on the road today, not only for its environmental friendliness, but also for its compact size in an age of increasing urban congestion."

The 2009 smart fortwo achieves an average of 41 miles per gallon on the highway according to 2009 EPA regulations. The smart fortwo is powered by a state-of-the-art, compact, three-cylinder gasoline engine that sits at the rear of the vehicle. The engine capacity is 61 cubic inches, producing an output of 70 hp (52 kW).

The vehicle already exceeds the goal set by Congress for the vehicle fleet, and is classified as an Ultra-Low Emissions Vehicle by the California Air Resources Board (CARB) for its extremely low exhaust emissions. It is also certified by EPA as a "Smartway" vehicle, which indicates good environmental performance, placing it among the "greenest" vehicles on the market.

The ecology of the smart fortwo extends into its component materials and the manufacturing processes used to produce it. Ninety-five percent of the vehicle is recyclable, and the dash material is made from recycled synthetics. In addition, the "smartville" factory in France, where the vehicle is produced, is one of the most modern and environmentally friendly plants in the world.

The 2009 smart fortwo will soon begin to arrive at dealerships for delivery to consumers in smart USA's reservation system. More than 19,000 smart fortwo vehicles have been sold in the U.S. market since the vehicle went on sale just over eight months ago. smart USA expects to deliver its 20,000th smart fortwo before the end of October.

ABOUT the smart fortwo and smart USA

smart USA Distributor LLC, headquartered in Bloomfield Hills, Michigan, is the exclusive distributor of the smart fortwo in the United States and Puerto Rico and is a wholly-owned subsidiary of Penske Automotive Group, Inc. The smart fortwo is a brand of and is manufactured by Daimler AG. This technologically advanced vehicle achieves 41 mpg on the highway and is an ultra-low emissions vehicle, as certified by the State of California Air Resources Board. The vehicle is 8.8 feet long, 5.1 feet tall and 5.1 feet wide and comes equipped with many functional and safety features found in most luxury models. smart is currently sold in 36 other countries, and more than 1,000,000 smart fortwos have been sold since 1998. For more information visit the smart USA website -- www.smartusa.com.

smart is a registered trademark of Daimler AG.

ABOUT PENSKE AUTOMOTIVE GROUP

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Mich., operates 307 retail automotive franchises, representing more than 40 different brands, and 25 collision repair centers. Penske Automotive Group, 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 160 franchises in 19 states and Puerto Rico and 147 franchises located outside the United States, primarily in the United Kingdom. Penske Automotive Group is a member of the Fortune 500 and Russell 1000 and has approximately 15,000 employees.

For additional information, visit www.smartusa.com or www.penskeautomotive.com

SOURCE: smart USA Distributor LLC

For smart USA 
Ken Kettenbeil, Director, Communications, 248-648-2582 
kkettenbeil@smartusa.com 
or 
For Penske Automotive Group 
Tony Pordon, Senior Vice President, 248-648-2540 
tpordon@penskeautomotive.com

Copyright Business Wire 2008

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