Schedule II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2018

Schedule II VALUATION AND QUALIFYING ACCOUNTS

Schedule II VALUATION AND QUALIFYING ACCOUNTS

Schedule II

PENSKE AUTOMOTIVE GROUP, INC.

VALUATION AND QUALIFYING ACCOUNTS

(In millions)

	Balance at				Deductions,		Balance
	Beginning				Recoveries,		at End
Description	of Year		Additions		& Other		of Year
Year Ended December 31, 2018
Allowance for doubtful accounts	$	5.5	$	2.0	$	(2.1)	$	5.4
Tax valuation allowance		36.6		4.0		(0.1)		40.5
Year Ended December 31, 2017
Allowance for doubtful accounts	$	4.5	$	2.5	$	(1.5)	$	5.5
Tax valuation allowance		17.2		21.5		(2.1)		36.6
Year Ended December 31, 2016
Allowance for doubtful accounts	$	4.2	$	2.8	$	(2.5)	$	4.5
Tax valuation allowance		17.3		2.1		(2.2)		17.2