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Press Release

Penske Automotive Group to Host Third Quarter Earnings Conference Call

BLOOMFIELD HILLS, Mich., Oct 07, 2010 (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 22, 2010
TIME: 2:00 p.m. Eastern Daylight Time
PHONE: United States, please call (800) 230-1093
International, please call (612) 332-0228
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 http://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, October 29, 2010. To listen to the replay, please dial:

United States, please call (800) 475-6701 (access code 173941)

International, please call (320) 365-3844 (access code 173941)

A rebroadcast of the conference call will also be available on http://www.penskeautomotive.com beginning approximately one hour after completion of the live broadcast through Friday, November 5, 2010.

SOURCE: Penske Automotive Group, Inc.

Inquiries should contact:
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, 248-648-2540
tpordon@penskeautomotive.com