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READING, Pa., December 10, 2008 - Penske Truck Leasing today hosted the grand opening of its newest facility, a state-of-the-art structure in Greenville, S.C., located at 1116 White Horse Road. Offering full-service truck leasing, contract maintenance and commercial and consumer truck rental services, the nearly 18,000 square-foot facility is housed on 12.4 acres.

Featuring Penske's new facility design elements, it houses three service bays, an automated wash bay and three-lane high speed fuel island, all designed to enhance the customer experience.

To save energy and improve the environment, special light bulbs with ballasts using 50 percent less energy have been installed. Wireless technology at the facility enables Penske service technicians to integrate various vehicle diagnostic and repair software.

Penske previously operated a facility at 2701 White Horse Road in Greenville.

"After nearly 25 years, the time had arrived for a new Greenville facility," stated John Crockett, Senior Vice President – Southeast Region, Penske Truck Leasing. "We simply outgrew our previous location. "Being located in the upstate of South Carolina's transportation hub, it was important to make a continued long-term investment to our customers. Penske is confident that an expected increase in business will result in the hiring of additional associates in 2009."

For more information, please call 864-295-2870. The rental department is open Monday through Friday from 7 a.m. to 6 p.m., on Saturday from 8 a.m. to noon, and from 10 a.m. to noon on Sunday. The service department operates from 6 a.m. to midnight Monday through Friday, and on Saturday from 7 a.m. to 6:30 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., December 4, 2008 - Today, Penske Truck Leasing announced it has expanded its relationship with Enhanced Vehicle Applications (EVA) to offer a wider selection of their products for onboard commercial truck tracking technology.

"EVA is a trusted partner with exceptional customer service," said Jim Feenstra, Senior Vice President, Marketing – Penske Truck Leasing. "We're pleased to expand our relationship with them. EVA's CyntrX™ product provides our customers with a lowcost, high-value product with exceptional functionality for fleet tracking and reporting."

EVA currently offers GPS realtime tracking and GPS fleet tracking solutions through its CyntrX™ product line. CyntrX™ is a web-based GPS tracking system that allows customers the ability to monitor their fleet tracking needs throughout North America and to generate custom profiles and reports with no software loading requirements. Penske will offer its customers two CyntrX™ units and add additional models as they become available. Penske previously marketed CyntrX™ under the name FleetInSite and has worked closely with EVA since 2005. FleetInSite is being phased out. These units will now be marketed by Penske as a part of its wider Fleet I.Q. brand offering.

Penske's move with EVA is part of its wider technology and decision support strategy to support its customer's fleet productivity needs. Penske's Fleet I.Q. brand will become a portfolio of services and solutions at various price points that will include onboard technology solutions from a variety of high caliber, value-added suppliers, like EVA. Penske will also provide a new financing option and in-house consulting to help its customers analyze and get the most from the data captured by these onboard fleet technology systems.

"We enjoy being part of Penske's technology offering and remain committed to Penske's vision and direction," said Greg Taisto, Founder and President of Enhanced Vehicle Applications LLC. "Under Penske's Fleet I.Q. business model their customers using CyntrX™ will now have a direct relationship with our team as well as expanded features designed specifically for managing assets."

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company.

Founded in 2004 and headquartered in De Pere, Wisconsin, Enhanced Vehicle Applications LLC is a leading provider of GPS vehicle tracking systems. CyntrX, the company's core product, was strategically designed with components provided by ublox ag (www.ublox.com) and is manufactured in the United States to ensure the highest possible standards of quality and reliability. Visit www.cyntrx.com for more information.

READING, Pa., December 3, 2008 - Today, Penske Truck Leasing announced it has teamed with PeopleNet for onboard commercial truck technology solutions. The move marks a shift in Penske's Fleet I.Q. strategy from offering a single private-labeled product to a suite of products and services.

"We are very pleased to be working with PeopleNet," said Jim Feenstra, Senior Vice President, Marketing – Penske Truck Leasing. "We selected them based on their ability and commitment to offer our customers a high level of customer service as well as a quality product with robust functionality."

"We're excited to work with Penske to offer their customers excellent integrated onboard computing and mobile communications systems," said Ron Konezny, chief executive officer for PeopleNet. "Our alliance with Penske is a natural fit. We both are customer oriented companies. Together, we offer fleet managers an effective way to reduce operating costs and improve fleet productivity."

Penske's move to begin working with PeopleNet is part of its wider technology and decision support strategy to support its customer's fleet productivity needs. Fleet I.Q. will become a portfolio of services and solutions at various price points that will include onboard technology solutions from a variety of high caliber, valueadded suppliers, like PeopleNet. Penske will also provide a new financing option and in-house consulting to help its customers analyze and get the most from the data captured by these onboard fleet technology systems.

"Over the last several years, we offered customers one Fleet I.Q. product through one vendor," said Feenstra. "At the time this was right because of the various vendor business models and our customers weren't yet comfortable with these systems. However, today the market is maturing. Companies are looking to optimize fleet productivity and reduce transportation costs. Also, through our experience we understand that one size doesn't fit all and different customers need different solutions. That's why Fleet I.Q. is becoming a broader offering of solutions with more choices, price points and functionality but based on the foundation of solid and indisputable customer service. This is why we chose a partner like PeopleNet."

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services. PeopleNet, based in suburban Minneapolis, is North America's leading provider of Internetbased and integrated onboard computing and mobile communications systems. Its transportation products are used by top truckload, LTL, private, and service fleets in the U.S. and Canada. PeopleNet was the first major technology provider to offer Internetbased communications to the transportation industry 14 years ago and now serves more than 1,500 customers, including several Fortune 500 companies. PeopleNet is on the web at www.peoplenetonline.com.

READING, Pa., November 18, 2008 - Today, Penske Truck Leasing announced the opening of its new collision repair center in Atlanta suburb, Lithia Springs, Ga. located at 400 Interstate West Parkway. The new 20,000 square-foot facility provides collision services for chassis, body and trailer repairs, complete vehicle refinishing, and frame and alignment work for commercial trucks and vehicles. Penske Truck Leasing operates 16 other commercial truck collision repair centers across North America.

"This state-of-the-art center uses the latest environmentally friendly repair and refinish techniques," stated Frank Mileto, Senior Vice President – Business Ventures, Penske Truck Leasing. "We have installed special high efficiency paint spray booths that help filter the great majority of emissions to protect the environment. These booths employ smart technology that minimizes energy and fuel consumption, and has an improved air filtration system."

The facility, which sits on seven acres, has five service bays, and uses special light fixtures that reduce energy use by 50 percent. The facility serves the needs of Penske's own truck fleet and contract customers as well as commercial truck fleets from other regional businesses.

"This facility helps us keep pace with the demand for repair services in the greater Atlanta region and also supports our existing facility in Norcross," said John Crockett, Senior Vice President – Southeast Region, Penske Truck Leasing. "We expect to hire additional associates and expand our hours of operation in 2009 as we gain additional customers throughout Georgia, Alabama and Tennessee."

The collision center is open Monday through Friday, from 7 a.m. to 5 p.m. For more information, please call 678-626-2201.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., November 12, 2008 - Penske Truck Leasing today hosted the grand opening of a new location in New Stanton, Pa., at 209 East View Drive. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance at the 7,000 square-foot facility.

Sitting on nearly 12 acres, the facility serves nearly 60 customers and maintains over 335 vehicles, while employing 13 associates.

The one-story building houses two service bays, a truck-washing bay, and a single-lane fuel island. Energy saving GE fluorescent light bulbs with electronic ballasts has been installed. A new wireless technology component also allows Penske service technicians to utilize cuttingedge diagnostic and repair software.

Penske previously operated a facility at 1678 Ruffsdale Road in Hunker.

For more information, please call 724-925-9877. Hours for rental are Monday through Friday 8 a.m. to 5 p.m. and on Saturday from 7:30 a.m. to 10:30 a.m. Service hours are Monday through Friday from 7 a.m. to 11 p.m., and on Saturday from 7 a.m. to 3:30 p.m.

"We're very pleased to move into this modern New Stanton facility, having outgrown our previous location," stated Terry Scott, Senior Vice President – South Central Region, Penske Truck Leasing. "We're looking to keep pace with the growth of industrial parks in Westmoreland County, and to capitalize on our location near a major Pennsylvania Turnpike interchange."

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., November 3, 2008 - Penske Truck Leasing today announced the opening of its new 6,000 square-foot facility in Faribault, Minn., located on 3105 Industrial Drive. Penske offers full-service truck leasing and contract maintenance services.

Housed on two acres, the one-story building maintains nearly 65 vehicles onsite. It also features two service bays and a wash bay. A wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software.

"There are a number of reasons why Penske decided to open a facility in the Faribault and Owatonna area," said Paul Prang, Senior Vice President – North Central Region, Penske Truck Leasing. "A key customer expanded their operations into this area. Also, with its close proximity to the Twin Cities and I35 corridor, we are seeing new distribution center construction, bringing with it new opportunities."

For more information, please call 651-631-3399. Hours of service are 7 a.m. to 8 p.m., Monday through Friday.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., October 22, 2008 - Penske Truck Leasing hosted the grand opening of a new location in Elizabethtown, Ky., at 303 Peterson Drive. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance at the state-of-the-art 6,800 square-foot facility. Sitting on 4.5 acres, the facility serves nearly 15 customers and maintains over 70 vehicles.

The one-story building houses two service bays, a truckwashing bay, and energy saving GE fluorescent light bulbs with electronic ballasts. A new wireless technology component also allows Penske service technicians to utilize cutting-edge diagnostic and repair software.

"Opening a new Elizabethtown facility allows Penske to introduce commercial and consumer rentals, in addition to leasing and contract maintenance, all under one roof," stated Terry Scott, Senior Vice President – South Central Region, Penske Truck Leasing. "Penske is growing to keep pace with the expanding industrial and distribution base in the greater Hardin County area. We look forward to sustainable growth correlating with the UPS international air hub in Louisville."

Please call 270-737-8831 for more information.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., October 20, 2008 - Today, Penske Truck Leasing announced a 16-stop North American Open House to display the new, sleek SmartWay^SM certified Freightliner Cascadia with a Detroit Diesel DD15 TM engine. Those attending will get an up-close opportunity to see the new tractors, and experience a comprehensive demonstration at the show trailer. For more information on how to attend these events please call Michelle Bortz at 888-216-9365 for more information.

"We're very excited to provide our customers with the opportunity to experience this highly fuel efficient vehicle," said Jim Molinaro, Senior Vice President – Sales, Penske Truck Leasing. "We recently announced our participation in the SmartWay ^SM Transport Partnership and we're proud to offer SmartWay certified vehicles like the Cascadia."

The Open House cities and dates are:

• Chicago, Ill. Oct. 27-28
• Indianapolis, Ind. – Oct. 30-31
• Columbus, Ohio – Nov. 3-4
• Cleveland, Ohio – Nov. 6-7
• Toronto – Nov. 10-11
• Chicopee, Mass. – Nov. 13-14
• Philadelphia, Pa. – Nov. 17-18
• Reading, Pa. – Nov. 19-20
• WinstonSalem, NC – Dec. 12
• Atlanta, Ga. – Dec. 4-5
• Jacksonville, Fla. – Dec. 8-9
• Phoenix, Ariz. – Jan 12-13, 2009
• Los Angeles, Calif. – Jan. 15-16
• Seattle, Wash. – Jan. 19-20
• Dallas, Texas – Jan. 26-27
• San Antonio, Texas – Jan. 29-30

Subject to change.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., October 13, 2008 - Penske Truck Leasing today announced its collective support and participation in the SmartWay SM Transport Partnership, an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and the freight industry designed to increase energy efficiency and reduce greenhouse gases and air pollution.

Penske will contribute to the partnership's goal to reduce 33 to 66 million metric tons of carbon dioxide and up to 200,000 tons of nitrogen oxide per year by 2012 by improving the environmental performance of its fleet and freight operations and also promoting program awareness among its expansive customer base.

Launched in February 2004, the SmartWay Transport Partnership aims to achieve fuel savings of up to 150 million barrels of fuel per year. The partnership brings together major freight shippers, trucking companies, railroads, logistics companies and trade and professional associations to pursue mutually beneficial efficiencies that result in emissions reductions and other environmental improvements, as well as cost savings. Penske's logistics and truck rental operations have earned the highest EPA Performance Scores of 1.25 representing outstanding environmental performance. Both are using most of the commercially available fuel saving strategies and actively evaluating the latest fleet technologies.

In a related matter, Penske Truck Leasing also named Joe Moleski to the newly created position of Vice President – Sustainability. He will be responsible for overseeing the organization's environmental improvement efforts.

"We are very pleased to be a part of SmartWay," said Moleski. "We are already working to drive a number of internal initiatives designed to help our customers meet their environmental goals and fuel cost and emission savings while working toward our own commitments to operate even more responsibly as it relates to the environment."

Previously, Moleski served as an Area Vice President for 14 years in the company's Northeast Area. He holds a bachelor's degree in accounting from Seton Hall University and resides in East Longmeadow, Mass.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., September 25, 2008 - Penske Truck Leasing today announced the opening of its new 13,000 square-foot state-of-the-art facility in West Haven, Conn., located at 38 Orange Ave. The eight-acre location employs 14 associates and maintains over 250 vehicles onsite, while servicing nearly 50 customers. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance.

The one-story West Haven building features three service bays, a truck washing bay and a three-lane fuel island with high-speed fuel pumps for fast, efficient service. This structure, part of Penske's expansion efforts across North America, features new facility design elements intended to enhance the customer experience.

A wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

Penske previously operated an older facility in North Haven, at 16 Bernhard Road. "Moving to a state-of-the-art facility in West Haven comes with a number of advantages," said Jack Gallagher, Senior Vice President - Northeast Region, Penske Truck Leasing. "Being within close proximity of the I91 and I95 corridor is more convenient to Penske customers, and we like being at the forefront of an industrial rebirth in West Haven. A new facility allows Penske to be more competitive, and with the anticipation of new business opportunities in West Haven, we will hopefully look to hire additional associates."

For more information, please call 203-931-8272. The rental department is open Monday through Friday from 7 a.m. to 6 p.m. and on Saturday from 7 a.m. to 2 p.m. The service department operates from 7 a.m. to 11 p.m. Monday through Friday, and on Saturday from 7 a.m. to 3:30 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., September 25, 2008 - Penske Truck Leasing today announced the opening of its new 24,000 square-foot state-of-the-art facility, in the Chicago, Ill. suburb of Elk Grove, at 1200 Busse Road. The 7.5 acre location will employ 60 associates and maintains over 1,200 vehicles onsite, while servicing nearly 180 customers. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance.

Penske is closing its existing facility at 2100 Busse Road in Elk Grove.

The one-story building features five service bays, an automated truck washing bay and a three-lane fuel island with high-speed fuel pumps for fast, efficient service. This structure, part of Penske's expansion efforts across North America, features new facility design elements intended to enhance the customer experience.

A wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

"Penske elected to open a new facility to better serve Chicagoland," said Paul Prang, Senior Vice President - North Central Region, Penske Truck Leasing. "We're now able to offer to our customers in one the nation's largest industrial parks, expanded services: round-the-clock service hours, longer rental counter hours, additional fuel offerings and automated wash bays. With the expected growth and increased market share this new facility will bring, we anticipate the hiring of new associates."

For more information, please call 847-952-8427. The rental department is open Monday through Friday from 6 a.m. to 7 p.m., on Saturday from 7 a.m. to 5 p.m., and on Sunday from 8 a.m. to 4 p.m. The service department is open 24 hours.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., September 25. 2008 - Penske Truck Leasing today announced the opening of its new 21,000 square-foot state-of-the-art facility in the Providence R.I. suburb of Cranston, located at 65 Amflex Drive. The 8.5 acre location employs 38 associates and maintains over 650 vehicles onsite, while servicing nearly 125 customers. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance.

The one-story Cranston building features four service bays, a truck washing bay and a three-lane fuel island with high-speed fuel pumps for fast, efficient service. This structure, part of Penske's expansion efforts across North America, features new facility design elements intended to enhance the customer experience.

A wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

Penske previously operated two older facilities separated by less than five miles, acquired through acquisitions. One location was in Warwick, at 522 Jefferson Blvd., and the other being in Cranston, at 11 Sharpe Drive.

"Penske decided to consolidate the operations of two smaller, outdated facilities in Warwick and Cranston," said Jack Gallagher, Senior Vice President – Northeast Region, Penske Truck Leasing. "This state-of-the-art suburban Providence structure will position Penske to be more competitive locally and to increase our market share. We anticipate adding additional Penske associates to mirror the expected growth correlating with this new location."

For more information, please call 401-463-5238. The rental department is open Monday through Friday from 7 a.m. to 6 p.m., on Saturday from 7 a.m. to 1 p.m. and on Sunday from 8 a.m. to noon. The service department operates from 5 a.m. to 1 a.m. Monday through Friday, and on Saturday from 7 a.m. to 3:30 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., September 25, 2008 - Penske Truck Leasing today announced the opening of its new 15,000squarefoot facility in West Babylon, N.Y, located at 38 Mahan St. The four-acre location maintains over 200 vehicles. Penske offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance.

The one-story West Babylon building features seven service bays. A wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

"Farmingdale houses one of the largest diversified commercial markets in the country, and we felt it was vital for Penske Truck Leasing to establish a presence there," said Jack Gallagher, Senior Vice President - Northeast Region, Penske Truck Leasing. "We now provide customers in eastern Nassau County and western Suffolk County with a convenient location. With our anticipated growth, we plan on adding additional associates in the future."

For rental information, please call 631-643-6126. The rental department is open Monday through Friday from 7 a.m. to 5 p.m. and on Saturday from 7 a.m. to noon. The service department can be reached at 631-643-2394, and operates from 6 a.m. to 11 p.m. Monday through Friday and on Saturday from 6 a.m. to 2:30 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., August 27, 2008 - Penske Truck Leasing today announced it has selected Sylmar, California-based, Studio Services, Inc. to represent its vehicles for product placement opportunities in film and television programs.

"We are pleased to be working with Studio Services as they understand the motion picture industry's transportation needs and also represents other high-end brands for product placement like our own," said Jim Feenstra, Senior Vice President - Marketing, Penske Truck Leasing. "Our trucks have appeared in numerous television programs, feature films, and independent films over the years. Working with Studio Services will make that process easier for the entertainment industry while also providing additional brand exposure."

As an authorized Penske rental agent and a leading vehicle supplier to the entertainment industry, Studio Services will also facilitate Penske truck rentals for commercial use by film and television crews across North America.

"We are very excited to add Penske to our limited and select list of product placement clients," stated Howard Buck, CEO of Studio Services, Inc. "Having Penske equipment available for rental across the nation will fill a void in our rental operations and provide a much-needed service for on-location filming."

About Penske Truck Leasing

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a leading global transportation services provider and 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

About Studio Services, Inc.

Studio Services (www.studioservices.com) has served the motion picture industry since 1977 and among the oldest and largest transportation equipment suppliers to the motion picture industry in Hollywood. SSI provides rental trucks, cars, aerial/lift equipment, and golf carts. Its Sylmar, California facility provides vehicle maintenance, body repair, van body repair, and painting. SSI is a commercial dealer for Club Car, offering the full line of passenger and utility carts. Studio Services is the product placement representative for Porsche, featuring the Cayenne, 911, Boxster and Cayman and now for Penske Truck Leasing and Penske Truck Rental. SSI further represents product placement for Piaggio, featuring the Vespa, Aprilia and Piaggio scooters, and the MotoGuzzi and Aprilia motorcycles.

READING, Pa., April 23, 2008 - Today, Penske Truck Leasing hosted the grand opening of a new facility in Oklahoma City, Okla., located at 1201 S.E. 89th St. The 18,500 square-foot state-of-the-art facility, employing 20 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 50 leasing customers are serviced from this eight-acre location and over 350 vehicles are maintained on-site.

The structure features four service bays, a truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

"We are pleased to open a second location in Oklahoma City," stated Terry Scott, Senior Vice President - South Central Region, Penske Truck Leasing. "We're confident this new top-of-the-line facility will lead to increased business opportunities. We anticipate the hiring of new associates to keep pace."

For more information, please call 405-635-3900. The rental department is open Monday through Friday from 7 a.m. to 6 p.m. and on Saturday from 8 a.m. to noon. The service department operates from 7 a.m. to midnight Monday through Friday, and on Saturday from 7 a.m. to 3:30 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 220,000 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., April 9, 2008 - Today, Penske Truck Leasing hosted the grand opening of a new $3.7 million facility in Corpus Christi, Texas, located at 5522 Bear Lane. The 12,000 square-foot state-of-the-art facility, employing 11 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 42 leasing customers are serviced from this seven-acre location and over 225 vehicles are maintained on-site.

The expansive structure features three service bays, a truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

"This new facility is located in a more visible area, and will position Penske to capture a larger share of the commercial and consumer market in Corpus Christi," stated Terry Scott, Senior Vice President - South Central Region, Penske Truck Leasing. "In the future, we anticipate the hiring of additional associates to keep pace."

Penske previously operated a facility at 4725 Westway Drive, Corpus Christi.

For more information, please call 361-289-1041. The rental department is open Monday through Friday from 7 a.m. to 5:30 p.m. and on Saturday from 8 a.m. to 2 p.m. The service department operates from 6 a.m. to 6 p.m. Monday through Friday, and on Saturday from 6:30 a.m. to 3 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 220,000 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., February 12, 2008 - Today, Penske Truck Leasing hosted the grand opening of a new facility in Colorado Springs, Colo., located at 2255 Cygnet Heights. The 14,000 square-foot state-of-the-art facility, employing 17 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 40 leasing customers are serviced from this eight-acre location and over 360 vehicles are maintained on-site.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

The facility cost approximately $5 million to construct, and has two service bays, an automated truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated a Colorado Springs facility at 124 W. Cimarron.

"We are pleased to be moving into a considerably larger, state-of-the-art building that will allow Penske to operate more efficiently and improve the customer experience," stated Peter Weeks, Senior Vice President - Western Region, Penske Truck Leasing. "Penske's growth mirrors that of the growing Colorado Springs and Pueblo region. In the coming year, we look forward to adding additional associates to keep pace with the demand."

For more information, please call 719-573-3800. The rental department is open Monday through Friday from 7 a.m. to 5 p.m., and on Saturday from 8 a.m. until noon. The service department operates from 7 a.m. to 10 p.m. Monday through Friday, and from 8 a.m. until noon on Saturday.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 218,000 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., August 21, 2008 - Today, Penske Truck Leasing and City Harvest announced the launch of an environmentally friendly, refrigerated truck fleet. City Harvest, the world's first food rescue organization, dedicated to feeding New York City's hungry men, women and children, is the first Penske customer to commit to operate a fleet of state-of-the-art hybrid trucks.

"Our organization was founded on the notion of using resources wisely," stated Emory Edwards, City Harvest Director of Food Transportation. "We are pleased to partner with Penske in bringing this truck fleet to the streets of New York City and to lead the way in the development of this cutting-edge technology. The trucks will help us to deliver food in a cost-effective manner to New Yorkers in need."

Penske will provide City Harvest with full-service truck leasing support for the hybrids. By the close of 2009, City Harvest plans to have converted its entire fleet of 16 trucks to full hybrid technology. City Harvest is now operating four International Truck and Engine Corporation 18-foot DuraStar Hybrid trucks to deliver food in New York.

"City Harvest is on the leading edge with its commitment to bring a green fleet to New York," said Joe Cataudella, Area Vice President - Penske Truck Leasing, for the New York Metro Area. "By using hybrids they can double their fuel efficiency and reduce emissions by 40 percent. We are seeing increased demand for these vehicles nationwide due to high fuel costs and our customers' environmental improvement initiatives."

City Harvest uses its truck fleet to rescue excess food from all segments of the food industry, delivering it free of charge to more than 600 community food programs throughout the five boroughs. This year, the organization will rescue 23 million pounds of food that would otherwise go to waste, feeding more than 260,000 hungry men, women, and children each week.

"When these trucks travel at low speeds, the electric motor kicks in to supply power to the truck resulting in reduced fuel consumption and emissions," added Cataudella. "We're proud to work with City Harvest because of what they do for the community. This is just one more good thing to make New York a better place."

About City Harvest

Now serving New York City for more than 25 years, City Harvest (www.CityHarvest.org) is the world's first food rescue organization, dedicated to feeding the city's hungry men, women, and children. This year, City Harvest will collect 23 million pounds of excess food from all segments of the food industry, including restaurants, grocers, corporate cafeterias, manufacturers and farms. This food is then delivered free of charge to more than 600 community food programs throughout New York City using its fleet of trucks and bikes as well as volunteers on foot. Each week, City Harvest helps over 260,000 hungry New Yorkers find their next meal.

About Penske

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., September 22, 2008 - Penske Truck Leasing recently hosted the grand opening of its state-of-the-art facility in Austin, Texas, located at 8800 South Congress Ave. The 16,000 square-foot facility, employing 15 associates, offers full-service truck leasing, contract maintenance and commercial and consumer truck rental services. Approximately 50 customers are serviced from this six-acre location and over 330 vehicles are maintained on-site.

The structure features six vehicle service bays, a truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

The one-story building also incorporates Penske Truck Leasing's new facility design elements, featuring leading edge technology and is designed to enhance the customer experience.

Wireless technology at the facility enables Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy and improve the environment, special light bulbs with ballasts using 50 percent less energy have been installed.

"Austin is one of Penske's fastest growing markets, and we are opening this facility to keep pace with customer demand," stated Terry Scott, Senior Vice President - South Central Region, Penske Truck Leasing. "In the city's southern suburbs, we're seeing new home construction, and the economic uplifts accompanying families relocating to the Austin metropolitan area. We are now also better able to serve our customers in Buda, Kyle and San Marcos. I anticipate that Penske will be hiring additional associates as we further increase our market share of commercial and consumer business in the region."

For more information, please call 512-443-7943. The rental department is open Monday through Friday from 7 a.m. to 5:30 p.m., on Saturday from 8 a.m. to 2 p.m., and from 10 a.m. to 2 p.m. on Sunday. The service department operates from 7:30 a.m. to 8 p.m. Monday through Friday, and on Saturday from 7 a.m. to 4 p.m.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

READING, Pa., July 14, 2008 - Today, Penske Truck Leasing announced it received certification from the National Institute of Automotive Service Excellence (ASE) for the company's Continuing Automotive Service Education (CASE) program. Penske is the first and only truck leasing, rental and logistics provider to earn an ASE certification for a program of this kind.

Penske's CASE-recognized technician certification program is designed to enhance the skills of its 5,000 U.S. vehicle maintenance technicians and customer service representatives, who service more than 200,000 vehicles. The three-tiered program uses Web-based, hands-on and classroom training methods. Penske expects to fully implement its ASE-certified CASE training program companywide over the next 18 months.

"The automotive community is proud of Penske's commitment to a quality in-house technician training program," said Tim Zilke, President, ASE.

Penske Truck Leasing provides its vehicle maintenance technicians with ongoing and robust training programs. In addition to its new CASE program, each vehicle maintenance technician from Penske Truck Leasing typically receives 40 hours of training annually.

Mark Oliver, Senior Vice President - Field Maintenance, Penske Truck Leasing, noted the CASE program is vital in today's marketplace. "Maximizing vehicle performance and safety for our customers is at the heart of our efforts to have the industry's best-trained technicians. Improving the qualifications and skills of our people is central to meeting this objective," he said.

Ken Coots, Senior Vice President - Maintenance Services, Penske Truck Leasing, also views the CASE program as a recruiting edge. "Vehicle technicians are in high demand in our industry and our program provides an excellent path for career advancement," he said. "To provide techs with leading-edge training that keeps pace with the ever-changing engine and vehicle technologies is an invaluable asset for recruiting and retaining the best-in-class talent we need to serve our customers and their fleets."

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. 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, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.