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Penske Automotive Reschedules Third Quarter 2012 Earnings Release and Conference Call to November 2, 2012

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Oct. 29, 2012-- Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, today announced it has postponed the release of its third quarter 2012 earnings report and conference call/webcast due to emergency weather conditions associated with Hurricane Sandy to Friday, November 2, 2012.

The Company has rescheduled the conference call discussing financial results relating to the third quarter of 2012 to Friday, November 2, 2012 at 11:00 a.m. Eastern Daylight Time. The conference call was previously scheduled for October 30, 2012. To listen to the conference call, participants must dial (800) 230-1096 [International, please dial (612) 288-0337]. The call will also be simultaneously broadcast over the Internet through the Investors Relations section of the Penske Automotive Group website at

About Penske Automotive

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, operates 341 retail automotive franchises, representing 41 different brands and 30 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 171 franchises in 17 states and Puerto Rico and 170 franchises located outside the United States, primarily in the United Kingdom. Penske Automotive is a member of the Fortune 500 and Russell 2000 and has approximately 16,000 employees.

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Source: Penske Automotive Group, Inc.

Penske Automotive Group, Inc.
David K. Jones
Executive Vice President and Chief Financial Officer
Penske Automotive Group, Inc.
Anthony R. Pordon
Executive Vice President Investor Relations and Corporate Development