Penske Auto Centers Announces Opening of Penske Express Centers

TROY, Mich., Nov. 21 -- Penske Auto Centers today announced the opening of two Penske Express Service Centers located in Ionia, Mich., and Cambridge, Ohio. In making today's announcement, Jim Wheat, President and CEO stated, ``In developing our future store development and long-term growth strategy, we recognized that our customers demand high-quality coupled with convenience and flexibility. That's why partnering with Kmart's new KExpress convenience stores made perfect sense for our Company's future growth.''

The Cambridge, Ohio, Penske Express is located at 61690 Southgate Parkway and the Ionia, Mich., facility is located at 2948 South State Road located off Highway 66. Each facility is comprised of four service bays and will offer customers services such as:

Speedlane Express Oil changes featuring Mobil Oil -- Guaranteed in 30 minutes or its free Preventative Fluid Maintenance such as radiator and transmission fluid exchanges Goodyear and Penske Tires, Wheel alignment and balancing Champion Brand Batteries ``The new Penske Express facilities offer customers a menu of quick, convenient auto services and products with the same high-quality performance they've come to expect from Penske Auto Centers,'' Wheat said. ``We're confident that these type of Express centers will be well received by the consumer.''

In addition, the Company is opening its first stand-alone Penske Auto Center in Ft. Myers, Florida. The grand opening will take place on Thursday, Nov. 29 signaling the official opening of the store.

``In light of the current economic environment, I'm truly pleased that we have been successful in moving forward with our long-term plans,'' said Wheat. ``These new stores are testimony that we are on-track to achieving our business objectives and maintaining our leadership position as an automotive service provider. I'm confident that as we implement our plans, we'll continue to further enhance Penske Auto Centers' brand equity in the marketplace. The Penske Auto Center name has earned a reputation of providing Quality Car Care Service throughout homes across the country and it's a name that consumers have grown to trust.''

Penske Auto Centers LLC is the largest independent tire dealer in the United States with 630 locations nationwide and more than 4,000 employees committed to being the leader in preventative automotive maintenance. In addition to its strong presence in the marketplace for tire sales, other services offered by Penske Auto Centers include 30-minute oil changes, wheel alignments, ATF fluid exchanges and brake service, just to name a few. Integral to the Company's overall success are its long-term growth strategy and strategic partnerships with organizations such as Kmart, Goodyear, Mobil, NAPA, Snap-on, Safety-Kleen and Exide Battery Company. For more information go to www.penskeautocenters.com