<SEC-DOCUMENT>0001299933-14-001421.txt : 20140915
<SEC-HEADER>0001299933-14-001421.hdr.sgml : 20140915
<ACCEPTANCE-DATETIME>20140915170929
ACCESSION NUMBER:		0001299933-14-001421
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20140915
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140915
DATE AS OF CHANGE:		20140915

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PENSKE AUTOMOTIVE GROUP, INC.
		CENTRAL INDEX KEY:			0001019849
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
		IRS NUMBER:				223086739
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12297
		FILM NUMBER:		141103825

	BUSINESS ADDRESS:	
		STREET 1:		2555 TELEGRAPH RD
		CITY:			BLOOMFIELD HILLS
		STATE:			MI
		ZIP:			48302-0954
		BUSINESS PHONE:		248-648-2500

	MAIL ADDRESS:	
		STREET 1:		2555 TELEGRAPH RD
		CITY:			BLOOMFIELD HILLS
		STATE:			MI
		ZIP:			48302-0954

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED AUTO GROUP INC
		DATE OF NAME CHANGE:	19960726
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_50485.htm
<DESCRIPTION>LIVE FILING
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<TITLE> Penske Automotive Group, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	September 15, 2014
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	Penske Automotive Group, Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	1-12297
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	22-3086739
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_____________________<BR>
	(State or other jurisdiction
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	(Commission
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	of incorporation)
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	File Number)
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	Identification No.)
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	2555 Telegraph Road, Bloomfield Hills, Michigan
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	48302
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	248-648-2500
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<B>
	Item 7.01 Regulation FD Disclosure.
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On September 15, 2014, we issued a press release announcing that we have entered into an agreement to acquire MTU Detroit Diesel Australia Pty Ltd., a distributor of diesel and gas engines and power systems operating across the on-and off-highway markets in Australia, New Zealand and the Pacific.  The transaction is subject to customary closing deliveries and is expected to be completed in the fourth quarter.  A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference. <br><br>We purchase motor vehicles and parts from Daimler AG and Rolls-Royce Motorcars, affiliates of the sellers, for sale or distribution.  Additionally, affiliates of Daimler AG also provide us with "floor-plan" financing and consumer and other financing.
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	Item 9.01 Financial Statements and Exhibits.
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Exhibit 99.1 Press Release
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	Penske Automotive Group, Inc.
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<I>
	September 15, 2014
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	By:
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<I>
	/s/ Shane M. Spradlin
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	Name: Shane M. Spradlin
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	Title: Executive Vice President
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	Exhibit&nbsp;Index
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	99.1
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Press Release.
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 10pt"></FONT>


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    <TD nowrap align="left"><B>FOR IMMEDIATE RELEASE</B></TD>
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    <TD align="left" valign="top"><FONT style="font-size: 9pt"><img src="e40365-14258135016668d550_4.jpg"></FONT><FONT style="font-size: 11pt"><BR>
<img src="e40365-14258135016668d550_5.jpg"><BR></FONT>
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<P align="center" style="font-size: 9pt"><FONT style="font-size: 12pt"><B>PENSKE AUTOMOTIVE TO EXPAND PRESENCE IN AUSTRALIA</B></FONT>



<P align="center" style="font-size: 12pt"><B>Adds engine and power system distribution to complement existing truck distribution business</B>



<P align="left" style="font-size: 12pt"><B>BLOOMFIELD HILLS, MI, </B>September&nbsp;15, 2014 &#150; <U>Penske Automotive Group, Inc.</U> (NYSE:PAG), an
international transportation services company, announced today that it has signed an agreement to
acquire MTU Detroit Diesel Australia (&#147;MTU-DDA&#148;), a leading distributor of the world&#146;s finest
diesel and gas engines and power systems, operating across the on- and off-highway markets in
Australia, New Zealand and the Pacific &#150; including trucking, mining, power generation,
construction, industrial, rail, marine, agriculture, oil & gas and defense.


<P align="left" style="font-size: 12pt">The acquisition of MTU-DDA from the company&#146;s two primary distribution partners, Daimler AG and MTU
Friedrichshafen (an affiliate of Rolls-Royce Power Systems) will bring added scale and complement
Penske&#146;s existing Commercial Vehicle business (&#147;PCV&#148;) operating in these markets. MTU-DDA provides
full parts and aftersales service support through a network of branches, field locations, and
dealers across Australia, New Zealand and the Pacific. Coupled with PCV&#146;s existing heavy and
medium-duty truck, bus and spare parts distribution, upon completion of the transaction the company
will be able to provide a full range of products and services to customers across these regions.


<P align="left" style="font-size: 12pt">Roger S. Penske, Chairman of Penske Automotive Group said, &#147;MTU Detroit Diesel Australia represents
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. As we considered
opportunities to grow and enhance our business in Australia, New Zealand and the Pacific, coupling
engine and power systems with our existing Western Star, MAN Truck and Bus and Dennis Eagle truck
distribution business provided an opportunity to scale our existing operations in an efficient
manner.&#148;


<P align="left" style="font-size: 12pt">MTU-DDA will continue to be a strategic distributor of Rolls-Royce Power Systems and Daimler in
Australia, New Zealand and the Pacific. The off-highway business comprises MTU high-speed engines,
power and propulsion systems, as well as MTU Onsite Energy distributed energy system solutions.
Rolls-Royce Power Systems Chief Sales Officer, Dr.&nbsp;Michael Haidinger said, &#147;Through our strategic
partnership with MTU-DDA and Penske, our regional customers will be offered a world-class system
and sales experience reinforcing our presence in these important markets with a trusted,
experienced and world-class distribution partner.&#148;


<P align="left" style="font-size: 12pt">Upon closing of the transaction, MTU-DDA is expected to contribute an estimated $225 &#151; $250&nbsp;million
in annualized revenue to Penske Automotive Group. The transaction is subject to customary closing
deliveries and is expected to be completed in the fourth quarter of 2014.


<P align="left" style="font-size: 12pt"><U><B>About Penske Automotive</B></U>
<BR>
<U>Penske Automotive Group, Inc</U>., (NYSE:PAG) headquartered in Bloomfield Hills, Michigan, is
an international transportation services company, operating automotive dealerships, commercial
vehicle distribution and car rental franchises principally in the United States, Western Europe,
Australia and New Zealand, employs approximately 19,900 people worldwide and is a member of the
Fortune 500 and Russell 2000. For additional information, visit the company&#146;s website at
<U>www.penskeautomotive.com</U>.


<P align="left" style="font-size: 12pt"><U><B>Caution Concerning Forward Looking Statements</B></U>


<P align="left" style="font-size: 12pt">Statements in this press release may involve forward-looking statements, including forward-looking
statements regarding Penske Automotive Group, Inc.&#146;s future outlook, sales potential, and ability
to complete the transactions noted above. Actual results may vary materially because of risks and
uncertainties that are difficult to predict. These risks and uncertainties include, among others:
economic conditions generally, conditions in the credit markets and changes in interest rates,
adverse conditions affecting a particular manufacturer, including the adverse impact to the vehicle
and parts supply chain due to natural disasters 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&#146;s business, markets, conditions and other uncertainties, which could affect Penske
Automotive&#146;s future performance. These risks and uncertainties are addressed in Penske Automotive&#146;s
Form 10-K for the year ended December&nbsp;31, 2013, and its other filings with the Securities and
Exchange Commission (&#147;SEC&#148;). This press release speaks only as of its date, and Penske Automotive
disclaims any duty to update the information herein.


<P align="left" style="font-size: 12pt">Inquiries should contact:

<DIV align="center">
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<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">David K. Jones<BR>
Executive Vice President and<BR>
Chief Financial Officer<BR>
Penske Automotive Group, Inc.<BR>
248-648-2800<BR>
dave.jones@penskeautomotive.com
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Anthony R. Pordon<BR>
Executive Vice President Investor Relations<BR>
and Corporate Development<BR>
Penske Automotive Group, Inc.<BR>
248-648-2540<BR>
tpordon@penskeautomotive.com</TD>
</TR>
<TR style="font-size: 1px">
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
