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BRIEF-Penske Automotive Increases 401(K) Matching Contributions

Jan 31 (Reuters) - Penske Automotive Group Inc:

* PENSKE AUTOMOTIVE INCREASES 401(K) MATCHING CONTRIBUTIONS

* PENSKE AUTOMOTIVE GROUP INC - ENHANCED CO'S U.S. 401(K) SAVINGS PLAN,INCREASING CO MATCHING CONTRIBUTIONS FROM 1.5% TO 2.5% OF ELIGIBLE CONTRIBUTIONS Source text for Eikon: Further company coverage: