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This Amendment No. 30 (this “Amendment”) amends and supplements the amended Schedule 13D filed on behalf of Penske Corporation, a Delaware corporation, and Roger S. Penske with the Securities and Exchange Commission on October 23, 2017 (the “Schedule 13D”), relating to the voting common stock, par value $0.0001 per share (the “Voting Common Stock”), of Penske Automotive Group, Inc., a Delaware corporation (the “Company”).  Penske Corporation and Roger S. Penske are the current reporting persons under the Schedule 13D (the “Reporting Persons”). Information reported in the Schedule 13D remains in effect to the extent that is amended, restated or superseded by information contained in this Amendment or a prior amendment.  Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D.

Item 2.  Identity and Background.

Item 2 of the Schedule 13D is hereby amended and supplemented as follows:

Information with respect to the directors and executive officers of the Reporting Persons set forth in Annex A to the Schedule 13D is hereby amended and restated in its entirety as set forth in Annex A to this Amendment and is incorporated herein by reference.

Item 5.  Interest in Securities of the Issuer.

Based on information provided by the Company, as of March 27, 2018, there were 84,975,410 shares of Voting Common Stock outstanding.  Based on this amount of shares of Voting Common Stock outstanding:

(a)            As of March 27, 2018:

·       Penske Corporation beneficially owned 35,293,254 shares of Voting Common Stock, representing 41.5% of the Voting Common Stock outstanding.  These figures reflect the beneficial ownership of shares of Voting Common Stock by Roger S. Penske and Penske Corporation as a group.  The number of shares of Voting Common Stock beneficially owned by Penske Corporation without regard to such group status is 34,181,121 shares, representing 40.2% of the outstanding Voting Common Stock.  See Annex A for beneficial ownership information with respect to directors and executive officers of Penske Corporation.

·       Roger S. Penske beneficially owned 35,293,254 shares of Voting Common Stock, representing 41.5% of the Voting Common Stock outstanding.

The parties to the Stockholders Agreement (as defined in Item 6 of Amendment 26 to the Schedule 13D, as amended) may be deemed to constitute a “group” within the meaning of Section 13(d) of the Exchange Act and, as a party to the Stockholders Agreement, each of Penske Corporation and Roger S. Penske may be deemed to share beneficial ownership of the shares of Voting Common Stock owned by Mitsui.  Penske Corporation and Roger S. Penske expressly disclaim beneficial ownership of any shares of Voting Common Stock held by Mitsui. In Amendment 9 to Schedule 13D filed on March 27, 2018 by Mitsui, Mitsui reported beneficial ownership of 13,322,205 shares of Voting Common Stock. Including the shares reported by Mitsui under its Schedule 13D, Penske Corporation and Roger S. Penske would beneficially own 48,615,459 shares of Voting Common Stock, representing 57.2% of the Voting Common Stock outstanding.

(b)            As of March 27, 2018:

Penske Corporation shared power to direct the vote of 34,181,121 shares of Voting Common Stock and shared power to direct the disposition of 34,181,121 shares of Voting Common Stock.  See Annex A for information with respect to directors and executive officers of Penske Corporation.

Roger S. Penske had the sole power to direct the vote of 657,774 shares of Voting Common Stock, shared

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power to direct the vote of 34,635,480 shares of Voting Common Stock, had the sole power to direct the disposition of 657,774 shares of Voting Common Stock and shared power to direct the disposition of 34,635,480 shares of Voting Common Stock.

Item 6.  Contracts, Arrangements, Undertakings or Relationships with Respect to Securities of the Issuer.

On March 27, 2018, Penske Corporation and its wholly owned subsidiary, Penske Automotive Holdings Corp. (together with Penske Corporation, “Penske”) entered into a Letter Agreement with Mitsui, pursuant to which the parties amended certain provisions of the Stockholders Agreement (as defined in Item 6 to Amendment 26 to Schedule 13D, as amended) to extend the term by six years through March 26, 2030.  All other provisions of the Stockholders Agreement remain in full force and effect.  A copy of the Letter Agreement is filed with this Amendment as Exhibit 22 and is incorporated herein by reference.

Item 7.  Materials to be Filed as Exhibits.

Exhibit 22              Letter Agreement re: Amendment of Stockholders Agreement dated March 27, 2018, by and among Penske Corporation, Penske Automotive Holdings Corp., Mitsui & Co. Ltd. and Mitsui & Co. (U.S.A.), Inc.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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Annex A

Executive Officers and Directors of Penske Corporation

The name, present principal occupation or employment, and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each of the directors and executive officers of Penske Corporation is set forth below. Each executive officer and each director of Penske Corporation is a citizen of the United States.

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(1)  The business address of this individual is 2555 Telegraph Road, Bloomfield Hills, Michigan 48302-0954.

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