PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS CONFERENCE CALL

BLOOMFIELD HILLS, Mich., Jan. 25, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers today announced it will release financial results for the fourth quarter and full-year ended December 31, 2023, before the market opens on Wednesday, February 7, 2024. An investor presentation and earnings press release will be accessible beginning the morning of the conference call in the Investors section of the Penske Automotive Group website at www.penskeautomotive.com.

A conference call to discuss these results will be held later that day as follows:

A telephonic replay of the conference call will be available for 7 days beginning after 5:00 P.M. on the day of the call by dialing:

United States, please dial (866) 207-1041 (access code 5187164)              
International, please dial (402) 970-0847  (access code 5187164)

A webcast replay of the conference call will be available through the Investors section of the Penske Automotive Group website at www.penskeautomotive.com beginning approximately two hours after its initial completion.

About Penske Automotive

Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. PAG operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. PAG employs over 28,000 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions ("PTS"), a business that employs over 44,000 people worldwide, manages one of the largest, most comprehensive and modern trucking fleets in North America with over 442,000 trucks, tractors, and trailers under lease, rental, and/or maintenance contracts and provides innovative transportation, supply chain, and technology solutions to its customers. PAG is a member of the Fortune 500, Russell 1000, Russell 3000 index and S&P 400 Mid Cap Indexes. For additional information, including the Company's 2023 Corporate Responsibility Report highlighting its corporate responsibility strategies, activities, and certain metrics, visit the Company's website at www.penskeautomotive.com.

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SOURCE Penske Automotive Group, Inc.