Penske Automotive Group to Host Fourth Quarter and Full-Year Earnings Conference Call

BLOOMFIELD HILLS, Mich. january 28, 2009: Penske Automotive Group, Inc. , an international automotive retailer, will host its fourth quarter and full-year financial results conference call as follows:

WHEN:		Tuesday, February 17, 2009
TIME:		2:00 p.m. Eastern Standard Time
PHONE:		United States, please call (800) 230-1096
		International, please call (612) 332-0932
		NOTE: Callers should dial-in 5-10 minutes before the call begins.

The call will follow the release that morning of fourth quarter and full-year 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 Tuesday, February 24. To listen to the replay, please dial:

United States, please call (800) 475-6701 (access code 982834)

International, please call (320) 365-3844 (access code 982834)

A rebroadcast of the conference call will also be available on PENSKE beginning approximately one hour after completion of the live broadcast through Tuesday, March 3.