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

Rhea-AI Summary

Penske Automotive Group, Inc. (NYSE: PAG) announced the release of its financial results for Q4 and full-year 2023, scheduled for February 7, 2024. The company will hold a conference call to discuss the results, with access to the investor presentation and earnings press release available on their website. The call will be accessible via phone and webcast, with replay options available for both formats.

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:

WHEN:	Wednesday, February 7, 2024
TIME:	2:00 p.m. Eastern
PHONE:	United States, please dial (877) 692-8955 (access code 7212997) International, please dial (234) 720-6979 (access code 7212997)
	Note: Callers should dial-in approximately 10-15 minutes before the call begins
WEBCAST:	To access the live webcast of the conference call, please go to the Investors section of the Company's website at www.penskeautomotive.com and select the webcast link
	Note: Listeners should access the webcast 10-15 minutes before the call begins

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.

Inquiries should contact:

Shelley Hulgrave Executive Vice President and Chief Financial Officer 248-648-2812 shulgrave@penskeautomotive.com

Anthony Pordon Executive Vice President - Investor Relations and Corporate Development 248-648-2540 tpordon@penskeautomotive.com

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SOURCE Penske Automotive Group, Inc.

FAQ

When will Penske Automotive Group release its financial results for Q4 and full-year 2023?

Penske Automotive Group will release its financial results on Wednesday, February 7, 2024.

What is the ticker symbol for Penske Automotive Group?

The ticker symbol for Penske Automotive Group is PAG.

How can I access the investor presentation and earnings press release?

The investor presentation and earnings press release will be accessible in the Investors section of the Penske Automotive Group website at www.penskeautomotive.com.

How can I participate in the conference call to discuss the financial results?

To participate in the conference call, United States callers should dial (877) 692-8955 (access code 7212997), and international callers should dial (234) 720-6979 (access code 7212997).

What time will the conference call take place?

The conference call will take place at 2:00 p.m. Eastern on Wednesday, February 7, 2024.

Will there be a replay available for the conference call?

Yes, a telephonic replay of the conference call will be available for 7 days, and a webcast replay will be available through the Investors section of the Penske Automotive Group website.