<SEC-DOCUMENT>0001299933-16-002787.txt : 20160727
<SEC-HEADER>0001299933-16-002787.hdr.sgml : 20160727
<ACCEPTANCE-DATETIME>20160727081135
ACCESSION NUMBER:		0001299933-16-002787
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160727
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160727
DATE AS OF CHANGE:		20160727

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:		161785690

	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
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<TYPE>8-K
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<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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	July 27, 2016
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	Penske Automotive Group, Inc.
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	(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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___________<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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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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[&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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	Item 8.01 Other Events.
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On July 27, 2016, we announced that our Board of Directors has approved a quarterly dividend in the amount of $0.28 per share payable September 1, 2016 to shareholders of record as of August 10, 2016, as discussed more fully in the press release incorporated herein and attached hereto as Exhibit 99.1.
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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>
	July 27, 2016
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	By:
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<I>
	/s/ Shane M. Spradlin
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<BR>
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<I>
	Name: Shane M. Spradlin
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	Title: Executive Vice President
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	Exhibit&nbsp;Index
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	Exhibit No.
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	99.1
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Press Release.
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-size: 12pt"><B>FOR IMMEDIATE RELEASE</B></FONT></DIV></TD>
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<P align="center" style="font-size: 12pt"><B>PENSKE AUTOMOTIVE INCREASES DIVIDEND</B>



<P align="center" style="font-size: 12pt"><B>Shareholders to Receive $0.28 per Share</B>



<P align="left" style="font-size: 12pt"><B>BLOOMFIELD HILLS, MI, </B>July&nbsp;27, 2016 &#150; Penske Automotive Group, Inc. (NYSE:PAG), an international
transportation services company, today announced that its Board of Directors has approved an
increase in the cash dividend to $0.28 per share for the second quarter of 2016.


<P align="left" style="font-size: 12pt">&#147;We are pleased to offer our shareholders another increase in the quarterly dividend,&#148; said Penske
Automotive Group President Robert H. Kurnick, Jr. &#147;Our business remains solid and our cash flows
strong. Furthermore, the geographical and operational diversification of Penske Automotive Group
continues to drive further confidence in our overall business.


<P align="left" style="font-size: 12pt">The dividend is payable on September&nbsp;1, 2016, to shareholders of record on August&nbsp;10, 2016.


<P align="left" style="font-size: 12pt"><U><B>Caution Concerning Forward Looking Statements</B></U>
<BR>
Statements in this press release may involve forward-looking statements, including forward-looking
statements regarding Penske Automotive Group, Inc.&#146;s future sales potential and outlook. 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 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&#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, 2015, 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"><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 that operates automotive and commercial truck
dealerships principally in the United States, Canada 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 23,000 people worldwide and is a member of the
Fortune 500 and Russell 2000. &nbsp;For additional information, visit the company&#146;s website at
<U>www.penskeautomotive.com</U>.


<P align="left" style="font-size: 12pt"><FONT style="font-size: 11pt"><I>Find a vehicle</I>: <U>http://www.penskecars.com</U>
<BR>
<I>Engage Penske Automotive</I>: <U>http://www.penskesocial.com</U>
<BR>
<I>Like Penske Automotive on Facebook</I>: <U>https://facebook.com/PenskeCars</U>
<BR>
<I>Follow Penske Automotive on Twitter</I>: <U>https://twitter.com/#!/Penskecarscorp</U>
<BR>
<I>Visit Penske Automotive on YouTube</I>: <U>http://www.youtube.com/penskecars</U>
</FONT>

<P align="left" style="font-size: 11pt"><FONT style="font-size: 12pt">Inquiries should contact:
</FONT>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">J. D. Carlson<BR>
Executive Vice President and<BR>
Chief Financial Officer<BR>
Penske Automotive Group, Inc.<BR>
248-648-2810<BR>
jcarlson@penskeautomotive.com
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Anthony R. Pordon<BR>
Executive Vice President Investor Relations and<BR>
Corporate Development<BR>
Penske Automotive Group, Inc.<BR>
248-648-2540<BR>
tpordon@penskeautomotive.com</TD>
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<P align="center" style="font-size: 12pt"><FONT style="font-size: 11pt"># # #</FONT>




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