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Press Release

Penske Automotive Group to Host First Quarter Earnings Conference Call

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Mar. 28, 2012-- Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, will host its first quarter financial results conference call as follows:

WHEN:   Wednesday, April 25, 2012
 
TIME: 2:30 p.m. Eastern Daylight Time
 
PHONE: United States, please call (800) 230-1085
International, please call (612) 234-9960
 
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 Wednesday, May 2, 2012. To listen to the replay, please dial:

United States, please call (800) 475-6701 (access code 243395)

International, please call (320) 365-3844 (access code 243395)

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 Wednesday, May 9, 2012.

About Penske Automotive

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, operates 335 retail automotive franchises, representing 42 different brands and 29 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 169 franchises in 17 states and Puerto Rico and 166 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.

Find a vehicle: http://www.penskecars.com

Engage Penske Automotive: http://www.penskesocial.com

Like Penske Automotive on Facebook: https://facebook.com/PenskeCars

Follow Penske Automotive on Twitter: https://twitter.com/#!/Penskecarscorp

Visit Penske Automotive on YouTube: http://www.youtube.com/penskecars

Source: Penske Automotive Group, Inc.

Inquiries should contact:
Penske Automotive Group, Inc.
David K. Jones, 248-648-2800
Executive Vice President and
Chief Financial Officer
dave.jones@penskeautomotive.com
or
Anthony R. Pordon, 248-648-2540
Executive Vice President – Investor Relations and Corporate Development
tpordon@penskeautomotive.com