Penske Logistics Earns Ford Motor Company's Gold World Excellence Award

ROOSENDAAL, Netherlands, March 31, 2011 - Penske Logistics has been awarded Ford Motor Company's Gold World
Excellence Award. This is the third World Excellence Award Penske Logistics
has earned from Ford and it is the second time the company has earned Gold.
The Gold Awards are presented to suppliers demonstrating superior quality,
delivery and cost performance.

(Photo: photos.prnewswire.com/prnh/20110331/NY74730 )

Forty-seven suppliers from 16 countries were recently recognized at
Ford's 13th annual awards event. The winning companies represent thousands of
employees, who bring diverse cultures, values and ideas to Ford in the
products and services they make.

"Our 2010 World Excellence Award winners have shown an unwavering
commitment to excellence in technology, quality and cost efficiency," said
Tony Brown, Ford's Group Vice President for Global Purchasing.
"Congratulations, and thank you for helping Ford serve customers with the
best vehicles in the world."

"We're sincerely honored to receive this award but it would not have been
possible without the close collaboration between the Ford and Penske teams,"
said Marc Althen, Penske Logistics President. "Thanks to all of our
associates supporting the Ford business worldwide."

Penske Logistics provides a wide range of supply chain services to Ford
Motor Company including sub-assembly and material handling services for Ford
product lines in the U.K. Penske provides on-site support, Transportation
Network Integration, and manages expedite transportation services for service
parts across Europe and is serving Ford as its North American lead logistics
provider for its assembly, power train and stamping operations. In South
America, Penske supports Ford by operating parts distribution centers and
through the delivery of parts to Ford dealerships in Brazil. Penske Logistics
is a strategic supplier to Ford and is a part of its Aligned Business
Framework.

Ford Motor Company, a global automotive industry leader based in
Dearborn, Mich., manufactures or distributes automobiles across six
continents. With about 164,000 employees and about 70 plants worldwide, the
company's automotive brands include Ford and Lincoln. The company provides
financial services through Ford Motor Credit Company. For more information
regarding Ford's products, please visit www.ford.com.

Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing.
With operations in North America, South America, Europe and Asia, Penske
Logistics provides supply chain management and logistics services to major
industrial and consumer companies throughout the world. Penske Logistics
delivers value through design, planning and execution in transportation,
warehousing, and international freight forwarding and carrier management. To
learn more visit www.PenskeLogistics.com and our "Move Ahead" blog.

    Contact:
    Erica van Dijk
    0031 (0)20 543 76 00
    evdijk@porternovelli.nl

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