Penske Selling Used Trucks on eBay

READING, Pa., August 19, 2009 - Penske Truck Leasing announced the availability of direct-to-consumer used commercial truck sales through eBay Motors.

Through eBay Motors, Penske will offer visitors the opportunity to bid on a full range of vehicles, including light, medium and heavy-duty trucks, utility trucks, buses and sedans. Each vehicle meets Penske's superior standards for interior, exterior and component quality. It also comes with a complete history of the vehicle's preventive maintenance schedule so that prospective buyers can make well-informed purchase decisions.

Visit Penske's eBay store: http://stores.shop.ebay.com/PenskeUsedTrucks.

"Innovation and entrepreneurship are part of our DNA at Penske Truck Leasing," said Jack Mitchell, Vice President – Remarketing, Penske Truck Leasing. "Leveraging this new sales channel and being among the first major truck leasing companies in our industry to bring used truck sales direct to the retail market via eBay Motors exemplifies this."

Through the eBay Motors store, Penske also offers customers comprehensive financing options within a few business days through a partnership with netLoan and the option to add an extended warranty from National Truck Protection, the largest independent used truck warranty company in North America.

For a complete listing of used trucks for wholesale and retail purchase, visit www.PenskeUsedTrucks.com. Penske is a top commercial vehicle reseller. In 2008, it sold more than 23,000 used trucks, tractors and trailers, primarily to wholesalers, original equipment
manufacturers and corporate fleets.

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.