Meyers Parking Offers Discounts to smart fortwo Owners in New York City

    BLOOMFIELD HILLS, Mich., Sept. 8 /PRNewswire/ -- smart USA Distributor
 LLC, a subsidiary of Penske Automotive Group, Inc., (NYSE:   PAG), announces
 Meyers Parking in New York City now offers parking discounts to smart
 fortwo owners. Owners of the revolutionary vehicle will receive a 50
 percent discount off daily and monthly posted parking rates at any of the
 six Meyers Parking facilities in New York City.
 
     "Our arrangement with Meyers Parking gives smart owners the best of
 both worlds: the ability to park at a discounted price, along with the ease
 to park almost anywhere," said Dave Schembri, President of smart USA. "The
 smart fortwo is helping New Yorkers change the way they park and navigate
 congested city streets, while offering great fuel economy, safety and
 functionality."
 
     At 61 inches wide and 106 inches long, the smart fortwo is a practical
 solution for New Yorkers looking to find an easy way to park in New York
 City. In addition to being easy to park, the vehicle is attracting an
 overwhelming number of buyers who want a solution to high gas prices, a way
 to reduce their environmental footprint and beat urban congestion in a
 package that is fun to drive.
 
     "Decreased parking supply and urban congestion represent a continuing
 problem in New York, and we can't think of a better company to partner with
 than smart USA to help combat these issues," said Mike Carolan, Director of
 Operations for Meyers Parking. "We are excited to offer smart owners a
 discount, as it seems only appropriate that smart owners pay half price
 since they only take up half the space."
 
     Meyers Parking is the official parking garage of Madison Square Garden,
 the New York Rangers, New York Knicks and New York Liberty. Meyers also has
 the largest public garages in Times Square, on the Upper East Side and the
 Empire State Building area. The discount for smart fortwo owners will run
 now through Dec. 31, 2008.
 
     smart USA has sold more than 16,000 smart fortwos since January 16,
 2008. Currently there are approximately 1,700 smart owners in the
 metropolitan New York market. There are currently seven smart centers
 located in the tri-state area including: Manhattan, Roslyn, Smithtown and
 White Plains in New York, Edison and Englewood in New Jersey and Fairfield,
 Connecticut.
 
     ABOUT MEYERS PARKING -
 
     Meyers Parking is a recognized leader in the parking industry with a
 proud history of providing courteous and efficient service to its
 customers. With facilities located throughout New York City, Meyers Parking
 proudly services over 3,000,000 customers per year with over 5000 available
 parking spaces. Meyers Parking has locations which provide public parking
 for New York City's greatest entertainment venues and tourist attractions
 including Madison Square Garden, Times Square, The Javits Center and the
 Empire State Building. For additional information about Meyers Parking
 please email mcarolan@meyersparking.com.
 
     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 37 countries, and nearly one
 million smart fortwos have been sold since 1998. The 2009 smart fortwo is
 available in three trim levels ranging in price from $11,590 to $16,590*.
 
     * For current model year only. Prices are not guaranteed and are
 subject to change without notice. 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., headquartered in Bloomfield Hills,
 Mich., operates 307 retail automotive franchises, representing more than 40
 different brands, and 27 collision repair centers. Penske Automotive Group,
 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 159 franchises in 19 states and Puerto
 Rico and 148 franchises located outside the United States, primarily in the
 United Kingdom. Penske Automotive Group is a member of the Fortune 500 and
 Russell 1000 and has approximately 16,000 employees.
 
     For additional information, visit www.smartusa.com or
 www.penskeautomotive.com or email mcarolan@meyersparking.com
 
 
 

SOURCE smart USA