Penske Used Trucks opens new commercial truck dealership in Torrance, Calif.

Penske Used Trucks has today announced the opening of a commercial truck dealership in Torrance, Calif., where it will sell used light-, medium- and heavy-duty trucks, trailers and related equipment. This opening signals a new sales channel for the company.

Penske is opening new used truck dealerships in response to strong demand from retail and dealership customers who want trucks that are on-site and ready to go. The first used truck dealership opened in suburban Charlotte, N.C., last November. The Torrance, Calif. location is the first for 2014 and Penske also plans to debut similar used truck dealerships in Arizona and Georgia later this year.

The press release is outlined below for your reference. To view the Penske blog post, click here.

Penske Used Trucks Opens New Torrance, Calif., Dealership

READING, Pa., Feb. 25, 2014 – Penske Used Trucks today announced it has opened a commercial truck dealership in Torrance, Calif., where it will sell used light-, medium- and heavy-duty trucks, trailers and related equipment. The used truck dealership is located at 20425 S. Hamilton Ave. and sits on nearly 5 acres. For local sales inquiries call 1-855-624-2272. The center is open 8 a.m. to 5 p.m., Monday through Friday.

"We are very pleased to open our first used truck dealership in the Torrance area," said Jack Mitchell, Penske Vice President of Remarketing. "Our local sales team led by Stephen Belz has a great deal of experience with helping customers select the right vehicles with the right specs for their business truck fleet needs."

Penske Used Trucks is a leading seller of high-quality late-model used commercial trucks to retail, wholesale, used truck dealers, and corporate truck fleet buyers. Penske sells used sleeper and day cab semi-tractors, straight trucks, flatbeds, refrigerated vans, trailers and more. Penske sells the top brands of light-duty, medium-duty and heavy-duty commercial vehicles including: Ford, GMC, Hino, Isuzu, Freightliner, International, Peterbilt, and Volvo. Penske Used Trucks is a business unit of Penske Truck Leasing. Daily used truck specials across the U.S. and Canada may be found on Twitter by following @PenskeUsedTruck or by searching www.penskeusedtrucks.com.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. 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, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit http://www.GoPenske.com and our "Move Ahead" blog. Penske on social media: Facebook, Twitter, LinkedIn, Google+ and YouTube.