smart USA Launches the "smart USA Advance Program"

smart USA Responds to Consumer Interest for "cash for clunker" $99/month*
Financing Offer
BLOOMFIELD HILLS, Mich.--(Business Wire)--
smart USA announced today the launch of the "smart USA Advance Program". Under
the terms of this program, smart USA will advance to dealers the applicable
credit under the government-funded Car Allowance Rebate System (CARS) when an
eligible vehicle is traded-in with the purchase of a smart fortwo.

"Based on the incredible consumer interest to our industry-leading, $99 per
month special financing offer, we felt the next logical step was to allow
consumers to begin taking advantage of the CARS program immediately," said Dave
Schembri, President, smart USA.

Previously, smart USA announced to consumers a $99 per month financing option,
just after the government-funded CARS program was passed into law. The $99 per
month offer is not a lease; rather it is an affordable way for consumers to
purchase a smart fortwo. Under the offer, eligible customers will pay $99 per
month for 35 months with a lump sum due at the end of this period. Consumers
will own their smart fortwo, benefit from its low cost of ownership, and have
the option of using the residual value of the vehicle toward the final lump sum
payment.

Eligible smart fortwo buyers with a trade-in meeting the applicable CARS program
requirements are expected to receive the $4,500 maximum credit allowed under the
CARS program as the smart fortwo has a combined fuel economy rating of 36 mpg.

smart USA has set aside a limited number of vehicles for immediate delivery in
conjunction with this program. Interested consumers can learn more about the
smart USA $99 per month* offer and can locate their local smart center by
visiting www.smartusa.com, or by calling the smart1 customer care center at
1-800-smartusa.

ABOUT the smart fortwo and smart USA

smart USA Distributor LLC, headquartered in Bloomfield Hills, Michigan., is the
exclusive distributor of the smart fortwo in the United States and Puerto Rico
and is a wholly owned subsidiary of Penske Automotive Group, Inc. The smart
fortwo is a brand of and is manufactured by Daimler AG. This technologically
advanced vehicle achieves 41 mpg on the highway and is an ultra-low emissions
vehicle, as certified by the State of California Air Resources Board. The
vehicle is 8.8 feet long, 5.1 feet tall and 5.1 feet wide and comes equipped
with many functional and safety features found in most luxury models. smart is
currently sold in 36 other countries, and more than one million smart fortwos
have been sold since 1998. The 2009 smart fortwo is available in five trim
levels ranging in price from $11,990** to $20,990**. For more information visit
the smart USA website - www.smartusa.com.

** For 2009 models. Excludes tax, title, registration, destination charge,
options and other dealer fees.

smart is a registered trademark of Daimler AG.

ABOUT PENSKE AUTOMOTIVE GROUP

Penske Automotive Group, Inc. (NYSE:PAG), headquartered in Bloomfield Hills,
Michigan, operates 311 retail automotive franchises, representing 40 different
brands and 25 collision repair centers. Penske Automotive, which sells new and
previously owned vehicles, finance and insurance products and replacement parts,
and offers maintenance and repair services on all brands it represents, has 160
franchises in 19 states and Puerto Rico and 151 franchises located outside the
United States, primarily in the United Kingdom. Penske Automotive is also the
exclusive distributor of the smart fortwo through its wholly-owned subsidiary
smart USA Distributor LLC. smart USA supports over 70 smart retail centers in
the United States. Penske Automotive is a member of the Fortune 200 and Russell
1000 and has more than 14,000 employees. smart and fortwo are registered
trademarks of Daimler AG.

*Financing for qualified buyers available through Daimler Financial Services at
authorized smart center dealerships registered in the CARS program.Not all
customers will qualify.Subject to credit approval by the lender and the terms
and requirements of the CARS Program and associated regulations promulgated by
the United States Department of Transportation.$99.00 monthly payment based on
customer trade-in of an eligible vehicle qualifying for the CARS $4,500 voucher
level, a $70.57 combined contribution by Daimler Financial Services and smart
USA, a 36-month balloon loan with $0 cash due at signing (excluding tax title
and dealer fees), a final balloon payment of $6,667.50 at the end of the loan
term and a $ 13,335 MSRP, which includes the destination charge and excludes
tax, title and dealer fees. 5.9% APR financing for 35 months at $11.30 per
month, per $1,000 financed, plus the final balloon payment.Financing terms must
be permitted under the CARS Program.Restrictions apply for eligibility for the
$4,500 voucher under the CARS program; please see www.cars.gov for details.
Offer only applies to new and unused 2009 smart fortwo model vehicles.Offer not
available in all states. Visit your dealer for complete details on this and
other financing offers.

For additional information, visit www.smartusa.com or www.penskeautomotive.com

For smart USA
Ken Kettenbeil
Director, Communications
248-648-2582
kkettenbeil@smartusa.com
For Penske Automotive Group
Tony Pordon
Senior Vice President
248-648-2540
tpordon@penskeautomotive.com

Copyright Business Wire 2009