Penske Truck Leasing and Garner, N.C. Officials Host New Facility Groundbreaking

READING, Pa., Aug. 12, 2010 - Penske Truck Leasing, in conjunction with local government officials, held a groundbreaking ceremony in Garner, N.C. today to commemorate the building of a state-of-the-art Penske facility in the Greenfield South Business Park.

Expected to open in January 2011, Penske is beginning work on constructing a 12,000-square-foot facility housed on 8.5 acres to provide a broad range of services, including commercial and consumer truck rentals, full-service truck leasing and contract maintenance. It will contain three truck bays, a wash bay and a two-lane fuel service island.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of 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.