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Press Release

Penske Automotive Group to Host First Quarter Earnings Conference Call

BLOOMFIELD HILLS, Mich., Apr 05, 2011 (BUSINESS WIRE) --

Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, will host its first quarter financial results conference call as follows:

WHEN: Thursday, April 28, 2011
TIME: 2:00 p.m. Eastern Daylight Time
PHONE: United States, please call (800) 230-1092
International, please call (612) 332-0107
Note: Callers should dial in 5-10 minutes before the call begins.

The call will follow the release that morning of first 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 Thursday, May 5, 2011. To listen to the replay, please dial:

United States, please call (800) 475-6701 (access code 198042)
International, please call (320) 365-3844 (access code 198042)

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 Thursday, May 12, 2011.

SOURCE: Penske Automotive Group, Inc.

Penske Automotive Group, Inc.
Bob O'Shaughnessy
Chief Financial Officer
248-648-2800
boshaughnessy@penskeautomotive.com
or
Penske Automotive Group, Inc.
Anthony R. Pordon
Senior Vice President
Investor Relations & Corporate Development
248-648-2540
tpordon@penskeautomotive.com