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Get Out and Go Giveaway

PenskeAutomotive

Thrill seeker? Adrenaline junky? It’s time to get out and go!

Springtime is right around the corner, which means it’s time to get moving and satisfy those outdoor adventure cravings. From camping and mountain biking, to white water rafting, you can capture it all with Penske Automotive Group‘s Get Out and Go Giveaway!

Enter for a chance to win one of two prizes:

  • Outdoor Adventure Prize Pack: GoPro® HERO5*, ENO Hammock & Atlas straps, and a $75 REI gift card
  • Explore More Prize Pack: GoPro® HERO Session* and mount and a $50 REI gift card

Outdoor adventures are calling your name! Answer them today and enter for a chance to win! http://bit.ly/GetOutGoGiveaway

Winners will be announced on the Penske Automotive Group Facebook page on April 1, 2017.

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!
https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

*GoPro®, HERO, and their respective logos are trademarks or registered trademarks of GoPro®, Inc. GoPro® is not a participant in or sponsor of this promotion.

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

15443166_1532049856810623_8131426474080422914_o

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.

 

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

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

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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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Keep Calm and Stay Warm Giveaway

keep-calm-and-stay-warm

Everyone here at Penske Automotive Group is excited to head into the new year and we are celebrating with our Keep Calm and Stay Warm Instagram Giveaway! Entering is easy: follow @penskecars on Instagram and hashtag #PAGgiveaway before January 31st, and you’ll have a chance to win a $250 Visa Gift Card.

Winner will be randomly selected and announced on Penske Automotive Group’s Instagram page on February 1, 2017.

Find out about new giveaways by connecting with Penske Automotive Group on Facebook, Instagram, and Twitter!

https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

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Penske Gives Back for the Holidays

audi-fairfield

’Tis the season for spreading good tidings and cheer! Penske Automotive Group dealerships got in the spirit of giving this holiday season through numerous charity efforts across the country. With toy drives, coat drives, canned food drives, and more, we were proud to see the Penske family come together to make a difference within their respective communities.

Mercedes-Benz, Audi, and Porsche of Fairfield collected new, unwrapped toys for their local Toys for Tots Foundations so those less fortunate could experience the joy of the holiday season. Each year, Toys for Tots aims to unite all members of local communities during the annual toy collection and distribution campaign, and our dealerships are always there to lend them a helping hand. Mercedes-Benz of Warwick also held a toy drive for the holidays with all donations going to support Big Brothers Big Sisters of the Ocean State, a charity that aims to provide positive mentors to Rhode Island youth. Meanwhile, BMW of Turnersville payed it forward by holding a food drive all month long, and Chevrolet of Turnersville remembered those who have served by partnering with Wreaths Across America. Each December, Wreaths Across America coordinates wreath-laying ceremonies at Arlington National Cemetery, as well as over 1,100 additional locations to ensure our veterans and their sacrifice are never forgotten.

Other dealerships across the country showed some love for local charities as well, with Lexus of Chandler, Tempe Honda and Porsche North Scottsdale all setting up drop off locations for Arizona’s Toys for Tots Foundation. In California, Mercedes-Benz of San Diego got in the spirit of giving with AJ, from The AJ Show, by helping him reach his goal of 100,000 donated toys for Rady Children’s Hospital San Diego.

Thank you to all who donated! We’re thrilled to see your charitable efforts bringing so much joy to local communities. From our family to yours, Penske Automotive Group wishes everyone a happy holiday season and a happy New Year!

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!

https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

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Company NewsDealer News

New Subaru Orange Coast Opens

Subaru Orange Coast

The wait is finally over! Penske Automotive Group’s first Subaru dealership, Subaru Orange Coast, is opening its doors at its grand opening this Friday, December 9th. It will make its debut as one of the premier Subaru dealerships in Southern California, serving Santa Ana and the rest of Orange County. Subaru Orange Coast brings you the finest selection of both new and pre-owned Subaru vehicles with the exceptional level of service you’ve come to expect from the Penske Automotive Group family.

Subaru Orange Coast
Welcome to Subaru Orange Coast

Located at 1350 Auto Mall Drive in Santa Ana, California, Subaru Orange Coast is committed to providing drivers with the highest level of customer service from the second they enter the showroom to long after they drive home.

Subaru Orange Coast believes in the dependable, proven quality of the Subaru brand whether you’re looking for a vehicle for the whole family or something to spice up your daily commute. With an extensive line up featuring everything from family-friendly wagons to compact trucks to high-performance cars, the Subaru brand is widely recognized as a top pick for enthusiasts craving a vehicle that seamlessly incorporates both utility and performance.

Stop by Subaru Orange Coast to choose from any of Subaru’s sedans, wagons, crossovers, and SUVs including the 2017 Subaru Legacy, 2017 Forester, 2017 Subaru Outback, 2017 Subaru Impreza, 2017 Subaru Crosstek, and 2017 Subaru BRZ.

Subaru Orange Coast
Subaru Orange Coast Showroom
Subaru Orange Coast
Subaru Orange Coast Showroom

Stay up-to-date on Subaru Orange Coast by following them on Facebook, Instagram, and Twitter!

https://www.facebook.com/SubaruOrangeCoast
https://www.instagram.com/subaruorangecoast/
https://twitter.com/subaruoc

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!

https://www.facebook.com/PenskeCars/

https://www.instagram.com/penskecars/

https://twitter.com/PenskeSocial

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Dealer News

Halloween with Penske Automotive Group

mbwarwick

With the end of the year quickly approaching, Penske Automotive Group dealerships kicked off the holiday season in spooktacular fashion this October. Each year, we look forward to seeing how our dealerships’ teams get in the Halloween spirit, and this year was no disappointment! Our dealerships across the country made the holiday one to remember with costume contests, display contests, and all sorts of spooky fun to continue to foster close relationships within their respective communities. Check out some of the costumes!

Toyota of Surprise
Toyota of Surprise
Honda of Danbury
Honda of Danbury
Honda Mall of Georgia
Honda Mall of Georgia
Toyota of Clovis
Toyota of Clovis
MINI of Marin
MINI of Marin

You’re all boo-tiful, Penske Automotive Group Family!

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!
https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

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Community EventCommunity NewsDealer NewsGeneral

Penske Automotive Group Goes Pink for Cancer Awareness

bmw-of-ontario

Whether it’s a member of your family or a friend, most of us know someone who has battled breast cancer. In honor of Breast Cancer Awareness Month, Penske Automotive Group dealerships supported and particpated in several “pink” fundraising and awareness initiatives throughout October.

BMW of Warwick donated $50 for every vehicle sold in October in support of the Gloria Gemma Breast Cancer Research Foundation.
BMW of Warwick

BMW of Warwick donated $50 to the Gloria Gemma Breast Cancer Research Foundation for each vehicle purchased during the month of October! Chevrolet of Turnersville provided customers with special tote bags containing all sorts of pink Chevy swag with the purchase of a new vehicle. Other dealerships offered special vehicle pricing and gifts for customers to help join the fight and spread awareness.

Toyota of Phrarr offers vehicle discounts in support of breast cancer.In Texas, Toyota of Pharr provided special pricing on the 2016 Toyota Corolla and Camry, and guests of the Royal Palm Auto Mall, in Florida, enjoyed Pink Ribbon pricing all month long.

Several employees also donated to this great cause, including General Manager, Chuck Caruso, who donated to Making Strides Breast Cancer Walk on behalf of Capitol Honda. Several of the employes at Capitol Honda are shown in the photo participating in the walk.

Employees of Capitol Honda participating in local breast cancer walk.
Capitol Honda

Penske Automotive Group was delighted to see so many of its dealerships take part in supporting such an important cause. Together, we can make strides towards eradicating this awful disease that touches the lives of so many.

Lexus San Diego
Lexus San Diego

Lexus San Diego also was a sponsor of the local Susan G. Komen breast cancer walk called, Pink da Point this year.

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!
https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

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Dealer NewsGeneral

Porsche West Broward Grand Opening

Porsche West Broward Grand Opening Ribbon Cutting

Porsche West Broward recently celebrated the grand opening of Porsche’s newest and most illustrious dealership. Over 700 customers, local dignitaries, socialites, and company executives were in attendance as this outstanding new dealership was unveiled to the public. In addition, Porsche’s brand new 718 Boxster and the 718 Cayman were proudly on display.

All New 2017 Porsche Cayman
All New 2017 Porsche Cayman

Porsche West Broward sits on a nine-acre site with 66,000 square feet of facilities and a two-story showroom. Inside this showroom is a plethora of new and pre-owned vehicles. Porsche West Broward also offers 21 service bays with state-of-the-art diagnostic tools and a detail center with rapid repair. Plus, this dealership provides a Porsche boutique and lounge!

Penske Automotive Group Chairman Roger Penske attended Porsche West Broward’s grand opening and said, “Porsche West Broward is one of the nicest and largest dealerships for the Porsche brand worldwide and will provide Porsche customers an outstanding environment and world-class customer service.”

Porsche West Broward Grand Opening Event
Porsche West Broward Grand Opening

Find the original blog and see more photos from their spectacular grand opening here.

Porsche West Broward is the Newest & Largest Porsche Facility in the nation! They have the largest selection of New & Pre-Owned Porsches to choose from with over 400 in stock.

Connect with Porsche West Broward on Facebook, Instagram, and Twitter!
https://www.facebook.com/PorscheWestBroward/
https://www.instagram.com/porschewestbroward/
https://twitter.com/PorscheWBroward

Connect with Penske Automotive Group on Facebook, Instagram, and Twitter!
https://www.facebook.com/PenskeCars/
https://www.instagram.com/penskecars/
https://twitter.com/PenskeSocial

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