Roger Penske

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Roger Penske

Chairman

Penske Corp.

Over the years since I started reading Automotive News, the auto industry has grown enormously, not only in terms of volume but in terms of scope. Manufacturing, components, retail, leasing, service, motorsports - each of these is a part of today's auto business and has expanded as our industry has grown from a collection of national entities to a truly global business.

Over the decades, Automotive News has proven to be an indispensable resource and a valuable tool for our company. Its industrywide data web keeps us apprised of what our competitors are doing; by reading what others skim, we learn more about the business and potential new synergies emerge virtually every Monday as the new issue comes off the press.

I congratulate Keith and the staff on the diamond anniversary of Automotive News - a publication that has come to be not only an industry standard, but required reading in offices from Dearborn, Warren and Detroit to Stuttgart, Tokyo and Melbourne.

Automotive News has gained an industry reputation for being tenacious. Its readership may not agree with every word it prints - and, if truth be known, they may wish some had not been

printed at all. But Monday mornings would not be the same without it.

Congratulations, Automotive News.

You can reach John K. Teahen Jr. at autonews@crain.com.

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