READING, Pa., Nov. 5, 2015 — For the fifth consecutive year Penske Truck Leasing and Penske Logistics have earned placement on the Victory Media 2016 Top 100 Military-Friendly Employer and Military Spouse-Friendly Employer list. Victory is the publisher of G.I. Jobs and Military Spouse magazines.

Companies received consideration for this list via a data-driven survey of thousands of companies with resulting survey data independently tested by Ernst & Young LLP based upon the weightings and methodology established by Victory Media. Criteria for the survey included a benchmark score across key programs and policies such as the strength of company military recruiting efforts, the percentage of new hires with prior military service, retention programs and company policies on National Guard and Reserve service.

"Penske proudly hires and employs veterans and active National Guard and Reserve members throughout our truck leasing and logistics businesses," said Jennifer Sockel, Penske Senior Vice President of Human Resources. "We sincerely appreciate their service and dedication to our country. The values, work ethic and skills veterans and active military members bring to our workplace are truly valued within our organization."

Approximately 13 percent of Penske's annual new hires are veterans. Penske Truck Leasing and Penske Logistics offer a wide range of career opportunities including: truck fleet maintenance technicians, truck drivers, fleet maintenance supervisors, operations management roles, as well as logistics and supply chain operations roles and many others. Visit https://penske.jobs/careers/veterans/ for more information on career opportunities.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, General Electric Capital Corporation and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 216,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit https://www.gopenske.com to learn more. Penske Truck Leasing social media: Move Ahead Blog, Twitter, Facebook, LinkedIn, YouTube, Pinterest and Instagram.

READING, Pa., June 11, 2015 — As part of its Australian expansion, Penske Truck Rental has opened its third truck rental and full-service truck leasing office in Sydney, at 78-82 Riverside Road, Chipping Norton, NSW 2170.

The new office, co-located within the Penske Power Systems facility, will operate Monday through to Friday, 8am to 5pm, and Saturday, 8am to 12noon.

All Sydney truck rental and leasing enquiries can be directed through 1-300-GO-PENSKE or via our website at pensketruckrental.com.au.

The new Sydney office will make it even more convenient for NSW-based customers to choose Penske, allowing one-on-one collaboration with operators to find tailored solutions for their unique rental and leasing requirements.

Penske will empower local customers with a choice of trucks across its mixed fleet, including the MAN TGS 540, MAN TGS 480, Western Star 4800 FXC, Western Star 4800 FS2, Western Star 5800 SS, as part of its 50-plus truck rental offering.

The Sydney facility will also introduce the all-new Western Star 2800SS to its truck line up, with its Australian market debut set for late 2015. The rigid truck from Western Star features Australia's cleanest diesel engine and marks a new era for the company, with its entry into the 15-22.5 tonne market segment.

As a leading American truck rental brand, Penske in Australia works to deliver well-maintained trucks and a world class customer experience, minimising counter delays and fleet downtime, while offering fleet performance visibility and cost-management solutions.

In addition to its commercial truck rental services, Penske has also introduced full-service truck leasing at its Sydney location, providing fleet operators with customised specifications for almost every phase of vehicle lifecycle including: acquisition and finance, preventive maintenance, breakdown assist, vehicle disposal and much more.

"Since our Australian launch in August 2014 we've seen a significant increase in the demand for our services, and we're keen to capitalise on this growth with the launch of our third location in Sydney," Adrian Beach, General Manager — Penske Truck Rental, said.

"This is in line with Penske's commitment to growing its business footprint throughout key customer locations in Australia, which will include the opening of two additional facilities within the next 11 months," Mr. Beach said.

Penske Truck Rental offers trucks in B-double or road train rated sleeper configuration, as well as B-double day cabs.

Penske Truck Rental, a subsidiary of Penske Truck Leasing, Co., L.P., offers convenient and professional truck rental and leasing services in Brisbane, Melbourne and Sydney. With a focus on customer service excellence and making business easy for customers, Penske Truck Rental works one-on-one with customers to find complete and tailored solutions to suit their unique operating requirements. The brand remains committed to partnering with customers to provide superior service and high-quality, well-maintained vehicles. Visit www.GoPenske.com.au for more information.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, USA, is a partnership among Penske Corporation, Penske Automotive Group, Mitsui & Co., Ltd., and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.

READING, Pa., June 1, 2015 — Penske Truck Rental closed out Military Appreciation Month with a donation of $150,000 to benefit the Paralyzed Veterans of America (PVA). The donation is the result of Penske's ongoing #OneWay4PVA fundraising effort to benefit PVA's Mission: ABLE campaign.

"Penske Truck Rental continues to be an invaluable supporter of Paralyzed Veterans of America," said Al Kovach, national President of Paralyzed Veterans of America. "We're grateful for their ongoing commitment to our organization and our mission to provide disabled veterans with all the resources they need to thrive despite injury. We look forward to continuing this partnership for many years to come."

Penske Truck Rental continues to invite its consumer rental customers to donate $1.00 to support Mission: ABLE when they rent a one-way truck. To multiply the impact of its customers' contributions, Penske Truck Rental matches each $1.00 donation its one-way truck rental customers make during its campaign. Now in its second year, Penske Truck Rental's #OneWay4PVA program has thus far contributed $870,275 to benefit PVA.

"We're pleased to continue our support of the Paralyzed Veterans of America," said Art Vallely, Executive Vice President of Operations at Penske Truck Leasing. "We are grateful for the sacrifices veterans have made and we are sincerely appreciative that our truck rental customers continue to join us in supporting this worthwhile cause."

The Mission: ABLE campaign was designed to enlist Americans — citizens, communities and corporations — to help ensure our paralyzed heroes are provided the physical care needed to live a healthy life; receive the benefits they've earned through military service; and obtain job training and opportunities for new and fulfilling careers.

Paralyzed Veterans of America was founded in the mid-1940s by a group of spinal cord injured American heroes of World War II. They created a non-profit organization to meet the challenges they faced then — from a medical community not ready to treat them to an environment with many barriers for people who use wheelchairs. Today, Paralyzed Veterans' national office and our 34 chapters continue the fight to make America a better place for all veterans and people with disabilities. Visit www.pva.org or www.mission-able.com for more information.

Penske Truck Rental is a business unit of Penske Truck Leasing. With one of the newest moving truck rental fleets, Penske provides do-it-yourself movers with clean, well-maintained and reliable rental trucks as well as moving equipment, packing supplies and accessories.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, General Electric Capital Corporation, and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 216,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit https://www.gopenske.com to learn more. Penske Truck Leasing social media: Move Ahead Blog, Twitter, Facebook, LinkedIn, YouTube, Pinterest and Instagram.

READING, Pa., May 13, 2015 — A grand opening event took place in Denver today as Penske Truck Leasing announced a state-of-the-art facility that provides full-service truck leasing, consumer and commercial truck rental and contract truck fleet maintenance services. The address is 10255 East 40th Avenue.

"This new district location was built to offer an excellent customer service experience to correspond with our regional growth," said Rick Pytlik, Penske Truck Leasing Senior Vice President for the Western Region. "We're now centrally located amongst our customer base and highly visible from I-70. We now have larger service bays, improved rental counters, customer lounges and an open design that will lead to increased productivity."

Here are some details:

  • It is 19,930 square feet and housed on 10.2 acres
  • There are four truck service bays and an automated wash bay
  • Four-lane commercial truck fuel island that also provides bulk Diesel Exhaust Fluid (DEF) dispensing
  • Wireless technology can connect technicians to truck diagnostic and analytic software
  • Can perform maintenance on alternative-fueled vehicles that utilize Compressed Natural Gas (CNG)

To contact the truck rental department, please call 720-573-7519. Truck rental hours are: 7 a.m. to 6 p.m. Monday through Thursday; 7 a.m. to 7 p.m. on Friday; and 7 a.m. to 2 p.m. on Saturday. The truck service department may be reached by dialing 720-573-7528. Service hours: 6 a.m. to 11 p.m. seven days a week.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, General Electric Capital Corporation and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 216,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit https://www.gopenske.com to learn more. Penske Truck Leasing social media: Move Ahead Blog, Twitter, Facebook, LinkedIn, YouTube, Pinterest and Instagram.

READING, Pa., March 18, 2015 — Penske Truck Leasing Co., L.P. ("PTL") today announced that Tokyo-based Mitsui & Co., Ltd. ("Mitsui") has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation ("GECC"). Following Mitsui's investment, GECC will continue to own a 29.9% limited partnership interest. The transaction will not have any impact on Penske Corporation's management and control of the company as it will continue to own a 50.1% interest in PTL and control the General Partner.

Roger Penske, Chairman of Penske Corporation said, "Since 2001, Mitsui has been a valuable strategic partner, supporting the development and global expansion of Penske's businesses. Mitsui's investment in PTL further strengthens our long-term relationship with their organization."

"We are very pleased to have Mitsui as a partner in PTL. Mitsui brings extensive experience across many different areas to our partnership and will become a key strategic partner as we look to expand and enhance our operations both domestically and internationally. We look forward to the new opportunities that our collaboration with Mitsui will bring and the value we can deliver to Mitsui," said Brian Hard, President and CEO of Penske Truck Leasing.

About Mitsui & Co., Ltd.
Mitsui & Co., Ltd. is one of the world's most diversified and comprehensive trading, investment and service enterprises. Headquartered in Tokyo, Mitsui maintains a global network of 142 offices in 66 countries, and has 426 subsidiaries and associated companies worldwide. Visit www.mitsui.com to learn more.

About Penske Truck Leasing Co., L.P.
Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, General Electric Capital Corporation, and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 216,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit GoPenske.com to learn more. Penske Truck Leasing social media: Move Ahead Blog, Twitter, Facebook, LinkedIn, YouTube, Pinterest and Instagram.

READING, Pa., March 16, 2015 — Penske Truck Leasing is "tipping off" a new ad campaign this month starting with ESPN.com during college basketball's biggest month. The new campaign aims to highlight the breadth of the brand's service offering to businesses and consumers in a unique and entertaining way.

"Many people know us for our bright-yellow rental trucks but we also have a broad business services offering," said Sherry Sanger, Senior Vice President of Marketing at Penske Truck Leasing. "This is our first national ad campaign highlighting the broader story of our rental, leasing and logistics services to businesses and consumers."

Penske Truck Leasing collaborated with its agency of record, The Martin Agency and directorBenji Weinstein to create the various new video elements of the ad campaign.

"The big idea behind our campaign is Penske is a company that moves the things that move the world forward," added Sanger. "Our associates are always hard at work behind the scenes helping our business customers run their transportation operations and supply chains more efficiently and helping consumers move."

Penske Truck Leasing's campaign starts this week on ESPN.com alongside the NCAA basketball tourney coverage. The campaign later includes print, digital and social media executions with leading business magazines and websites as well as transportation and logistics industry trade publications and websites.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 215,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit GoPenske.com to learn more. Penske Truck Leasing social media: Move Ahead Blog, Twitter, Facebook, LinkedIn, YouTube, Pinterest and Instagram.

READING, Pa., Feb. 25, 2015 — Penske Truck Leasing ("Penske") has opened a new truck rental and full-service truck leasing office in Melbourne, Australia, located at 488 Blackshaws Road, Altona North, Victoria 3025. The hours are Monday through Friday 8 a.m. to 5 p.m. and Saturdays from 8 a.m. to noon. For truck rental and leasing information call 1-300-GO-PENSKE or visit www.pensketruckrental.com.au. The new office is co-located within the Penske Power Systems facility (formerly MTU Detroit Diesel), a subsidiary of Penske Automotive Group, Inc.

"We have seen a positive response to our truck rental and leasing services since opening in August 2014," said Don Mikes, Senior Vice President of Truck Rental for Penske. "This is our second office in Australia and we anticipate opening three additional locations over the next 12 months."

Penske currently operates an expanding commercial truck rental fleet of late-model prime movers from MAN and Western Star. The newly opened Melbourne location rents MAN TGS 540 and TGS 480 6x4 sleepers (b-double rated), Western Star 5800 6x4 sleepers (b-double and road train rated), and new to its fleet offering at the Melbourne location are Freightliner Coronado 6x4 day cabs (b-double rated).

In addition to commercial truck rental, Penske has also introduced full-service truck leasing that provides trucking companies with custom vehicle specifications, vehicle acquisition, routine preventive maintenance, over-the-road breakdown service and vehicle legalization. In Australia, Penske Truck Leasing offers a wide array of vehicle types for full-service leasing from MAN, Freightliner and Western Star.

Penske Truck Leasing has provided full-service leasing, fleet maintenance and truck rentals to commercial truck fleets in North America for 46 years. The company presently operates and maintains a fleet of more than 200,000 vehicles in North America.

About Penske Truck Leasing
Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., USA, is a partnership among Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Asia, and Australia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit https://www.gopenske.com to learn more.

About Penske Automotive Group
Penske Automotive Group, Inc., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates retail automotive and commercial vehicle dealerships principally in the United States and Western Europe, 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 21,000 people worldwide and is a member of the Fortune 500 and Russell 2000. Visit www.PenskeAutomotive.com for more information.

Penske Power Systems
Penske Power Systems, a subsidiary of Penske Automotive Group, is a leading distributor of diesel and gas engines and power systems, representing some of the most innovative and well-respected brands in the industry, including MTU, Detroit Diesel, Mercedes-Benz Industrial, Allison Transmission and MTU Onsite Energy. Penske Power Systems offers products across the on- and off-highway markets in Australia, New Zealand and the Pacific – including trucking, mining, power generation, construction, industrial, rail, marine, agriculture, oil & gas and defense and supports full parts and aftersales service through a network of branches, field locations and dealers across the region.