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Penske Truck Leasing Opens New Austin, Texas Facility

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.