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NOMINATE A FRIEND TO WIN OUR SEASON OF GIVING GIVEAWAY!

The Season of Giving PenskeSocial.com

‘Tis the season of giving and Penske Automotive Group’s “The Season of Giving” giveaway is making it more fun for all!

Head on over to our Instagram page (www.instagram.com/PenskeCars):

  1. Follow us, then
  2. Tag a friend in The Season of Giving post to nominate your friend to win a $500 Amazon gift card!

The giveaway starts on Monday, November 26th and goes through Friday, December 14th.  We’ll announce the winner on our Instagram page on Friday, December 21st!

(Amazon is not a participant in or sponsor of this promotion.)


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Paralyzed Veterans of America’s 13th annual Mission: ABLE Awards

PVA-Awards-slider-image-2018

WASHINGTON, DC (September 26, 2018)—Secretary of the U.S. Department of Veterans Affairs, Robert Wilkie, joined Paralyzed Veterans of America last night in honoring three companies for their leadership and efforts to expand the rights of the disabled. Over 400 guests attended the 13th annual event, which also raises important funds to help Paralyzed Veterans of America keep their programs and services available, free of charge, to veterans and their families.

“Members of Paralyzed Veterans of America—your advocacy for veterans, your adaptive sports and employment assistance programs, your educational opportunities and scholarships, your battle to ensure veterans with spinal cord injuries and disease are cared for—all of that empowers brave men and women to regain the freedom and independence they fought for,” said Secretary Wilkie during the program.

Three companies received special recognition. The National Mobility Equipment Dealers Association (NMEDA) from Tampa, Florida received The Access: ABLE Award. The award recognizes NMEDA’s commitment to providing disability and mobility solutions that remove barriers. The Employ: ABLE Award was presented to USAA based in San Antonio, Texas for leadership in veteran employment. Finally, UPS, headquartered in Atlanta, Georgia, received The Sustain: ABLE Award. UPS has provided corporate support of the Paralyzed Veterans of America mission, programs and services for many years.

“We are honored to recognize these outstanding companies,” said David Zurfluh, national president of Paralyzed Veterans of America. “Their leadership and dedication to helping further the Paralyzed Veterans of America mission is critical to our continued success as we advocate on behalf of our nation’s veterans.”

Significant contributions from corporate America made the evening possible. Leidos, a FORTUNE® 500 science and technology leader, served as the presenting sponsor.

Penske Automotive Group and Penske Truck Leasing provided support at the platinum level.

Additional corporate support was provided by over 40 companies and foundations.

Learn more about the Mission: ABLE Awards at http://bit.ly/PVAMissionABLE.


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Penske Gets in the Spirit this Holiday Season

BMW of Mamaroneck Toys for Tots

It is the most wonderful time of the year and the perfect time to give back to those who need it.  This year, Penske Automotive Group dealerships across the country participated in food drives, clothing drives, toy drives, and more, as part of an effort to give back to their local communities and add a little joy to the holiday celebrations of those less fortunate.

Thanks to everyone who gave a lending hand to Porsche Fairfield’s Great Thanksgiving Project.

This year, the Penske Automotive Group dealerships in Arizona impacted their communities by collecting toys for the Toys for Tots Foundations to donate to local children who are in need. Toys for Tots Foundation seeks to promote the maturity and growth of youth who may not get gifts by providing them with a message of hope through a toy during the holiday season.  Penske Automotive Arizona dealerships, as well as several others across the country, were honored to be a part of this great cause. Volkswagen South Coast also participated in a toy drive through the Boys & Girls Club of Central Orange Coast, an organization that mentors children with a goal of helping them to graduate high school and contribute positively to society.  Mercedes-Benz of Warwick held a drive for non-perishable food items to donate to the Rhode Island Community Food Bank.  This organization seeks to fill the physical needs of hunger for the people of Rhode Island while raising awareness of hunger as a health issue.

Mercedes-Benz, Porsche, and Audi of Fairfield also participated in Toys for Tots as well as collected toys, coats, and canned goods for the Bridgeport Rescue Mission to be donated out to the hungry, homeless, and addicted of Fairfield, Connecticut.

Many other dealerships also participated in some capacity to help their local communities.

Thank you to everyone who donated and participated in these different efforts!  Your donations truly make a difference.  Happy Holidays and a Happy New Year from our Penske family to yours!


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Paralyzed Veterans of America’s 12th annual Mission: ABLE Awards

PVA Awards 2017

WASHINGTON, DC – On September 19, 2017, Paralyzed Veterans of America (Paralyzed Veterans) welcomed approximately 480 esteemed guests to its 12th annual Mission: ABLE Awards. The event achieved record attendance and included guests from all over the nation, including distinguished service members, veterans, friends and supporters of Paralyzed Veterans to honor its 2017 Mission: ABLE Award recipients. Presiding over the ceremonies was former Under Secretary of the Army, the Honorable Patrick Murphy, along with Dr. David Shulkin, Secretary of Veterans Affairs, who gave the evening’s keynote address.

From Left to Right: Noah Currier, David Zurfluh, Albert F Kovach Jr and Anthony Pordon, Executive Vice President Investor Relations and Corporate Development accepting Penske Automotive Group’s award for ‘The Achieve: ABLE Award’.

“I am honored to join Paralyzed Veterans of America’s Mission: ABLE Awards in recognizing and celebrating the immense power of partnership and collaboration. The entire Paralyzed Veterans of America leadership team and their staff are fighting hard for Veterans every day. They are always there when veterans are in need, and they are always by VA’s side, guiding us toward the right decisions for veterans with spinal cord injury or disease. We couldn’t ask for a better partner,” Shulkin said in his remarks.

The annual awards raised a record $750,000 from corporate supporters in advance of the event. These funds will benefit Paralyzed Veterans’ programs and services, including benefits and employment assistance, and rehabilitative sports opportunities, all of which are provided free to veterans.

“We celebrate this year’s honorees and thank them and all of our supporters for their investment in and commitment to Paralyzed Veterans of America’s mission to ensure veterans have access to the jobs, care and benefits they’ve earned and deserve,” said David Zurfluh, National President of Paralyzed Veterans. “Their active and continued partnership is critical to the continued success we have advocating on behalf of our nation’s veterans.”

The Mission: ABLE Awards honor those individuals and organizations who have dedicated themselves to creating an America where our nation’s disabled heroes are able to fully live the lives they deserve and access what they need most: Health Care, Benefits and Jobs.

The 2017 Mission: ABLE Awards Category Winners
The Mission: ABLE Awards that are given on this special evening are in recognition of a continued commitment to our paralyzed veterans and their families and include the following:
The Achieve: ABLE Award
Honoring Penske Automotive Group
For leadership and financial support of Paralyzed Veterans’ mission to ensure disabled veterans have access to Care, Jobs and Benefits
The Employ: ABLE Award
Honoring the Institute for Veterans and Military Families (IVMF)
For leadership to end veterans unemployment
The Sustain: ABLE Award
Honoring Altria
For leadership and financial support of Paralyzed Veterans’ mission and Paralyzed Veterans’ programs and services
The Humanitarian Award
Honoring Rich Brooks
For outstanding contributions to support disabled veterans

Event Sponsors: Special thanks and recognition was given to the following partners of the 2017 Mission: ABLE Awards who helped make the evening possible with their continued support of Paralyzed Veterans’ mission.

Presenting Sponsor: Leidos

Platinum Sponsors: Penske Automotive Group and Penske Truck Leasing

Gold Sponsors: Technatomy, USAA, Microsoft and YRCI

Silver Sponsors: Booz Allen Hamilton, UPS, Express Scripts, ByLight, Highmark, and Target MarkeTeam

Bronze Sponsors: ACET, Altria, Bristol-Meyers Squibb, Cerner, CGI Federal, Cushman & Wakefield, Deltek, Favor TechConsulting, LLC, Halfaker and Associates, LLC, HUB Labels, Humana Military, IVMF, Liberty IT Solutions, PMX Agency, Redfield Direct LLC / Southwest Caging, TriWest Healthcare Alliance, United Healthcare Military & Veterans, and Walgreens;

Patron Sponsors: AbleVets, Allergan, Alliance Labs/Summit Pharmaceuticals, B3 Group, Biogen, CA Technologies, Celgene, Cognosante, Concept Plus, LLC, DeGasperis Family Foundation, Disabled American Veterans, GetWell Network, GovernmentCIO, Insignia Technology Services, KForce Government Solutions, Inc., MainStreet Bank, National Government Services (ANTHEM), Pharmaceutical Care Management Association, Pro-Sphere Tek, Planned Systems International, Shipcom Wireless, Smith & Nephew, and VetsEZ

To obtain photos from the event visit: https://www.flickr.com/paralyzedveterans.
To learn more about the Mission: ABLE Awards: click here

This original article was posted here.

Click here to donate to Paralyzed Veterans of America.


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Fuel Your Summer Adventure Giveaway

Fuel Your Summer Adventure

The kids are excited, you’ve got the car all packed for your family summer vacation, but wouldn’t it be nice if someone helped cover the gas for your trip?

Good news!  You can win a $500 gas card thanks to Penske Automotive Group‘s “Fuel Your Summer Adventure” Giveaway on Instagram!

For your chance to win you’ll need to:

  1. Follow our Instagram page: instagram.com/penskecars/ (@penskecars)
  2. Comment “#FuelMySummerAdventure” on the “Fuel Your Summer Adventure” giveaway post.

You have until June 30, 2017 to enter to win!  Winners will be announced on the Penske Automotive Group Instagram page on July 6, 2017.


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Penske Automotive Group Donates More Than $1 Million to Paralyzed Veterans of America

US Army – PVA blog

WASHINGTON 3/16/17 —Today Paralyzed Veterans of America (Paralyzed Veterans) announced that Penske Automotive Group donated more than $1 million last year to the organization through its “Service Matters” campaign. In the past two years, Paralyzed Veterans’ corporate partner Penske Automotive Group has raised more than $2 million for Paralyzed Veterans programs and services.

Rob Kurnick, President of Penske Automotive Group and Tom Wheaton, National Treasurer of Paralyzed Veterans of America.
Robert H. Kurnick, Jr., Penske Automotive Group President and Tom Wheaton, National Treasurer of Paralyzed Veterans of America.

The campaign allows customers to make a donation when they have had their vehicles serviced at a Penske Automotive Group Dealership. All funds go toward supporting Paralyzed Veterans’ programs and services, such as benefits assistance, employment counseling and adaptive sports programs—all of which are provided free-of-charge to veterans and their families.

“Penske Automotive Group continues to amaze us with their ongoing support and efforts around the Penske Automotive Group ‘Service Matters’ campaign,” said Tom Wheaton, paralyzed Navy veteran and National Treasurer of Paralyzed Veterans, who celebrated the milestone at a recent event. “This significant contribution will allow us to continue to serve our nation’s veterans, and to ensure those veterans have access to programs and services to help them recover and rebuild their lives after serious injuries. We are beyond grateful for this partnership and truly appreciate their long-term commitment to veterans.”

Throughout 2016, Penske Automotive Group’s dealerships invited customers to donate a $1 or more toward its “Service Matters” campaign when customers serviced their vehicle at any Penske Automotive Group dealership. To multiply the impact of customers’ contributions, Penske then matched each donation—up to a total contribution of $500,000.

“It was an honor for Penske Automotive Group to be part of this fundraising effort in 2016,” said Robert H. Kurnick Jr., Penske Automotive Group President. “We thank our associates and our customers for their continued support of the ‘Service Matters’ campaign and for embracing the admirable work performed by the Paralyzed Veterans of America.

“We are thrilled to extend our partnership with the Paralyzed Veterans of America for the third consecutive year and look forward to continuing our work together to help make a difference in the lives of our American heroes,” Kurnick said.

To learn more about the “Service Matters” campaign, please contact a Penske Automotive Group dealership or visit the Paralyzed Veterans/Penske Automotive “Service Matters” page.

About Penske Automotive

Penske Automotive Group, Inc., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Western Europe and Canada, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. PAG employs more than 24,000 people worldwide and is a member of the Fortune 500 and Russell 2000. For additional information, visit the company’s website at www.penskeautomotive.com.

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This article originated from PVA.org.

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Penske Automotive Acquires Jaguar and Land Rover Dealerships in Paramus, New Jersey

Jaguar Land Rover Paramus

BLOOMFIELD HILLS, MI March 7, 2017 – Penske Automotive Group (NYSE:PAG), an international transportation services provider, announced today that it has expanded its presence in the United States with the acquisition of the Jaguar and Land Rover dealerships in Paramus, New Jersey, from the Prestige Family of Fine Cars. The acquisition is expected to generate estimated annual revenue of approximately $215 million.

Commenting on the acquisition, Company President Robert H. Kurnick, Jr., said, “We are pleased with the opportunity to add the Jaguar and Land Rover dealerships in Paramus to the Penske Automotive footprint. These new dealerships enhance the company’s existing portfolio and bring additional scale in the New Jersey/New York metropolitan area to our business. We welcome the employees to the Penske Automotive Group team and look forward to working with them to grow the Jaguar and Land Rover businesses in this important market area.”

The company now operates five Jaguar/Land Rover dealerships in the United States.

Caution Concerning Forward Looking Statements

Statements in this press release may involve forward-looking statements, including forward-looking statements regarding Penske Automotive Group, Inc.’s future sales and earnings potential. Actual results may vary materially because of risks and uncertainties that are difficult to predict. These risks and uncertainties include, among others: fulfillment of closing conditions, economic conditions generally, conditions in the credit markets and changes in interest rates and foreign currency exchange rates, adverse conditions affecting a particular manufacturer, including the adverse impact to the vehicle and parts supply chain due to natural disasters, recalls or other disruptions that interrupt the supply of vehicles or parts to us, changes in consumer credit availability, the outcome of legal and administrative matters, and other factors over which management has limited control. These forward- looking statements should be evaluated together with additional information about Penske Automotive’s business, markets, conditions and other uncertainties, which could affect Penske Automotive’s future performance. These risks and uncertainties are addressed in Penske Automotive’s Form 10-K for the year ended December 31, 2016, and its other filings with the Securities and Exchange Commission (“SEC”). This press release speaks only as of its date, and Penske Automotive disclaims any duty to update the information herein.

About Penske Automotive

Penske Automotive Group, Inc., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Western Europe and Canada, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. PAG employs more than 24,000 people worldwide and is a member of the Fortune 500 and Russell 2000. For additional information, visit the company’s website at www.penskeautomotive.com.

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

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Inquiries should contact:
J. D. Carlson
Executive Vice President and
Chief Financial Officer
Penske Automotive Group, Inc.
248-648-2810
jcarlson@penskeautomotive.com

Anthony R. Pordon
Executive Vice President Investor Relations
and Corporate Development
Penske Automotive Group, Inc.
248-648-2540
tpordon@penskeautomotive.com

View original press release here: http://investors.penskeautomotive.com/phoenix.zhtml?c=82644&p=irol-newsArticle_print&ID=2251971.

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Penske Automotive Completes Acquisition of U.K.-Based CarShop

Updated Car Shop image dark PAG blog

Scalable, Stand-alone Used Car Centers to Expand PAG’s U.K. Operations
Expected Accretion of $0.07 to $0.09 per Share

BLOOMFIELD HILLS, Mich.Feb. 16, 2017 /PRNewswire/ — Penske Automotive Group (NYSE: PAG), an international transportation services provider and a leading retailer of prestige vehicles in the U.K., announced today that it has completed the acquisition of CarShop, one of the U.K.’s leading retailers of used vehicles.  CarShop retails high-quality used vehicles at fixed retail prices as part of a transparent customer buying experience.

CarShop has been in operation since 1999 and has five large-scale retail locations operating in Cardiff, Swindon, Northampton, Norwichand Doncaster, plus a 15-acre vehicle preparation center in Leighton Buzzard.  CarShop has received numerous awards, including being named U.K. Car Supermarket of the year for two years in a row.

CarShop is expected to generate estimated annualized revenue of approximately $340 million with accretion estimated to be $0.07 to $0.09 per share on an annualized basis.

Commenting on the transaction, Penske Automotive Group Chairman Roger S. Penske said, “The acquisition of CarShop complements our existing core auto retail business and furthers our diversification strategy within the transportation services industry.”  Penske continued, “The CarShop acquisition along with the acquisition of CarSense in the United States strengthens our position in our core markets and provides scalable future growth opportunities.”

Darren Edwards, CEO of Penske Automotive Group’s U.K. operations said, “We are delighted to welcome the CarShop team to Penske Automotive Group and look forward to the opportunities this will provide to expand and diversify our business in this sector of the market.”

Caution Concerning Forward Looking Statements

Statements in this press release may involve forward-looking statements regarding Penske Automotive Group, Inc.’s future sales and earnings potential.  Actual results may vary materially because of risks and uncertainties that are difficult to predict.  These risks and uncertainties include, among others: fulfillment of closing conditions, economic conditions generally, conditions in the credit markets and changes in interest rates and foreign currency exchange rates, adverse conditions affecting a particular manufacturer, including the adverse impact to the vehicle and parts supply chain due to natural disasters, recalls or other disruptions that interrupt the supply of vehicles or parts to us, changes in consumer credit availability, the outcome of legal and administrative matters, and other factors over which management has limited control.  These forward-looking statements should be evaluated together with additional information about Penske Automotive’s business, markets, conditions and other uncertainties, which could affect Penske Automotive’s future performance.  These risks and uncertainties are addressed in Penske Automotive’s Form 10-K for the year ended December 31, 2015, and its other filings with the Securities and Exchange Commission (“SEC”).  This press release speaks only as of its date, and Penske Automotive disclaims any duty to update the information herein.

 

About Penske Automotive

Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Western Europe and Canada, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. PAG employs more than 24,000 people worldwide and is a member of the Fortune 500 and Russell 2000. For additional information, visit the company’s website at www.penskeautomotive.com.

 

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View original press release here: http://investors.penskeautomotive.com/phoenix.zhtml?c=82644&p=irol-newsArticle&ID=2246669&highlight

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