Press Release

AVIS TO OFFER RENTAL CAR SERVICES AT PENSKE AUTO MALLS

PARSIPPANY, N.J., May 12, 2009 - Avis Rent A Car today announced that it has joined forces with Penske Automotive Group, Inc. (NYSE: PAG) to provide rental car services in select Penske Automotive locations in the United States. These new Avis locations will provide Penske Service customers with access to outstanding Avis vehicles at affordable prices, including the convenience of onsite professional service, automatic reservations and roadside assistance.

In addition, Avis will provide rental car services in select Penske collision centers. Collision center customers can take advantage of the Avis Vehicle Replacement Program that offers special vehicle replacement rental rates and direct billing to insurance companies so that customers can avoid unnecessary out-of-pocket expenses.

"Many people don't realize that they have a choice when it comes to renting a car that will be paid through their auto insurance policy," said F. Robert Salerno, president and chief operating officer for Avis Budget Group, parent company of Avis. "Our association with Penske Automotive Group will provide Penske customers with clean, well-maintained late-model vehicles to drive while their own cars are being serviced, backed by our renowned Avis 'We Try Harder' service."

"We strive to exceed the expectations of our customers," said Roger S. Penske, chairman of Penske Automotive Group. "We're proud of the premium service that customers receive at Penske Automotive Group locations such as our Inskip Auto Mall in Inskip, Rhode Island, our Turnersville, New Jersey Auto Mall and at our Royal Palm, Florida Auto Mall where Avis service is now available. Our locations feature great brands with world-class facilities and this unique partnership with Avis will provide customers with added benefits to enhance their overall experience while visiting one of our dealership locations."

About Penske Automotive Group
Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is the world's second-largest automotive retailer operating over 300 retail automotive franchises, representing more than 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 157 franchises in 19 states and Puerto Rico and 152 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 smartUSA Distributor LLC. smartUSA supports 75 smart 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. To learn more, visit www.penskeautomotive.com and www.smartusa.com.

About Avis
Avis Rent A Car System, LLC and its subsidiaries operate one of the world's leading car rental brands, providing business and leisure customers with a wide range of services at approximately 2,200 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. The company is a wholly owned subsidiary of Avis Budget Group, Inc. (NYSE: CAR). For more information, visit www.avis.com.

 
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