Penske’s Major U.S. Fuel Facilities Ready with Bulk DEF by 2012

READING, Pa., Oct. 24, 2011 - Penske Truck Leasing today announced that it will have fully equipped 370 of its major U.S. fueling locations with bulk diesel exhaust fluid (DEF) by early 2012 to accommodate an increasing number of trucks within its fleet using Selective Catalytic Reduction (SCR) technology. Currently, the work has been completed at over 100 locations.

"We've made this investment to ensure that our customers have easy access to the bulk quantities of DEF they need and we are on-track to complete the project in early 2012," explained Jennifer Sockel, Vice President - Administration, Penske Truck Leasing. "Moving to these systems will also alleviate the hundreds of thousands of 2.5 gallon plastic containers that would have been used."

Penske currently operates and maintains about 25,000 trucks with SCR technology, which is up from over 6,000 at the start of 2011.

Presently there are over 400 U.S. Penske Truck Leasing locations that provide fuel in addition to full-service truck leasing, consumer and commercial truck rental, and maintenance. These facilities will now house anywhere from 330-gallon to 2,000-gallon DEF on-island systems. DEF will also be available in non-bulk quantities at all Penske locations across North America.

Providing an on-island system at major Penske U.S. facilities will improve the customer experience through efficiencies and a seamless transaction process. A new point-of-sale system will further provide Penske's customers with detailed information on the amount of fuel, and DEF, that is consumed, to allow for increased management of operating costs.

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, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit www.GoPenske.com and our "Move Ahead" blog.