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12/13/2002UnitedAuto Announces Election of Additional Director - John Barr to Join Company Board
DETROIT, MI, December 13, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that John Barr has been elected to its Board of Directors. With this additional appointment, the Company now has twelve directors. John Barr is currently President/CEO of Automotive Performance Industries (API), as well as Chairman of API's major operating group, Performance Logistics Group (PLG).... 
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11/13/2002UnitedAuto Group Completes Largest Luxury Automobile Shopping Mall In The United States
North Scottsdale Dealerships Feature Museum, Test-track and Customer Lounge/Café DETROIT, MI, November 13, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today the completion of the first single owner premier luxury automobile shopping mall in the United States. The new, upscale, customer-focused facility is located in North Scottsdale, Arizona, one of the fastest growing markets in the country. The distinctive mall, located on approx... 
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10/29/2002UnitedAuto Reports Record Third Quarter Revenues and Earnings
UnitedAuto Reports Record Third Quarter Revenues and Earnings 14th Consecutive Quarter of Same Store Revenue Growth Income From Continuing Operations Increased 70% Earnings Per Share From Continuing Operations Increased 46% DETROIT, MI, October 29, 2002 - United Auto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced record results for third quarter 2002 with double-digit gr... 
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10/29/2002UnitedAuto Comments On 2003 Guidance
DETROIT, MI, OCTOBER 29, 2002 - In response to investors' inquiries, United Auto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, said today that it is comfortable with analyst consensus expectations of $2.08 per share in 2003. UnitedAuto is comfortable with analysts' estimates of earnings per share in the range of $2.00 to $2.15 per share for the calendar year 2003.   UnitedAuto, which has pursued a strate... 
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10/09/2002UnitedAuto Group to Host Conference Call With Release of Third Quarter 2002 Earnings; Call Also to be Broadcast Live Over the Internet
DETROIT, MI, October 9, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, will host a conference call discussing financial results for its third quarter 2002 on Tuesday, October 29, at 2 pm ET/ 1 pm CT/ 12 pm MT/ 11 pm PT. The call will follow the release earlier that morning of third quarter 2002 earnings for UnitedAuto Group HOW TO PARTICIPATE: Advanced registrat... 
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09/13/2002UnitedAuto Announces 2002 Scholarship Program Winners
DETROIT, MI, September 13, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today the five regional winners for its 2002 Scholarship Program. UnitedAuto's scholarship effort is designed to recognize children of UnitedAuto employees who are outstanding high school seniors as demonstrated by their academic achievement and community service activities. The five finalists who will... 
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09/04/2002UnitedAuto Begins General Motors' Hummer Operations in Three Markets
UnitedAuto Begins General Motors' Hummer Operations in Three Markets DETROIT, MI, September 4, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it is now operating franchises for General Motors' Hummer brand in three U.S. markets. UAG has opened Landers Hummer in Benton, Arkansas, Landers Hummer in Fayetteville, Arkansas, and Cerritos Hummer in the Cerritos Auto Square, Cerritos... 
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08/15/2002UnitedAuto Repurchases One Million Shares; Penske Corporation Increases Investment in UnitedAuto
DETROIT, MI, August 15, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced an agreement to repurchase approximately one million shares of UnitedAuto common stock from Combined Specialty Insurance Company ("AON") under its previously announced 3.0 million share repurchase program. The aggregate cost of this repurchase is approximately $15.8 million. Simultaneously, Unit... 
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08/07/2002UnitedAuto CEO and CFO Sign Financial Statements
DETROIT, MI, August 07, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has filed the signed and sworn statements of Chairman and Chief Executive Officer Roger S. Penske and Chief Financial Officer James R. Davidson with the Securities and Exchange Commission ("SEC") attesting to the accuracy of the filings made through today's date by the Company. Chairman Roger S. Penske stated, "I am pleased to rep... 
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08/06/2002UnitedAuto Expands Presence in Michigan; Acquires Honda Dealership in Metropolitan Detroit Area
DETROIT, MI, August 06, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced that it has acquired Anderson Honda located in Bloomfield Hills, Michigan, a suburb of Detroit. The dealership will be renamed Honda of Bloomfield and will become part of UnitedAuto's Mid-Atlantic region. UnitedAuto currently operates Cadillac, Pontiac, GMC and two Toyota franchises in the Detroit market. Revenues from this transaction will approximate $55 million o... 
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07/30/2002UnitedAuto Reports Record Second Quarter
Net Income Increased 78% Earnings Per Share Increased 40% Revenues Increased 25% to $2.0 Billion Same Store Retail Revenues Increased 2.5% Thirteenth Consecutive Quarter of Same Store Revenue Growth DETROIT, MI, July 30, 2002 , United Auto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced record results for second quarter 2002 with double-digit growth in revenues, n... 
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07/22/2002UnitedAuto Expands Operations in Texas; Acquires BMW Dealership in Austin
DETROIT, MI, July 22, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has acquired a BMW franchise in Austin, Texas. The dealership, formerly known as John Roberts BMW of Austin, will be renamed BMW of Austin and is expected to add approximately $80 million in revenues on an annual basis. President Sam DiFeo stated, "This acquisition represents UAG's first ... 
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07/17/2002UnitedAuto Expands Operations in its Houston, Texas Hub Market; Opens New Dodge Dealership in Spring
DETROIT, MI, July 17, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has opened Goodson Dodge North in Spring, Texas, a suburb of Houston. The dealership fills a newly created open point for Dodge in the suburban Houston market. The Dodge open point was awarded to UnitedAuto by DaimlerChrysler. Existing Houston hub operations for UnitedAuto include dealerships for Chrysle... 
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07/10/2002UnitedAuto Group to Host Conference Call With Release of Second Quarter 2002 Earnings; Call Also to be Broadcast Live Over the Internet
DETROIT, MI, July 10, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, will host a conference call discussing financial results for its second quarter 2002 on Tuesday, July 30, at 2 pm ET/ 1 pm CT/ 12 pm MT/ 11 pm PT. The call will follow the release earlier that morning of second quarter 2002 earnings for UnitedAuto Group. HOW TO PARTICIPATE: Advanced registration is not requi... 
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06/20/2002UnitedAuto Group Opens First Dealerships At Innovative Chauncey Ranch Auto Complex
North Scottsdale Dealerships to Feature Museum, Test-track and Business Center DETROIT, MI, June 20, 2002 - UnitedAuto Group, Inc., (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has opened dealerships for Audi, BMW, MINI and Porsche at its 40-acre, state-of-the-art auto complex in North Scottsdale, Arizona. This innovative complex will offer a variety of features including an 8,000-square foot transportation museum, a 150-seat theatre-style conference... 
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05/09/2002UnitedAuto To Hold Annual Meeting Of Stockholders On May 21, 2002; Presentation To Be Posted On Company Web Site
DETROIT, MI, May 9, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, will hold the annual meeting of its stockholders at its offices located at One Harmon Plaza, Ninth Floor, Secaucus, NJ, 07094, on May 21, 2002, at 9:00 a.m., Eastern Daylight time. In conjunction with this meeting, the Company will post the presentation from the meeting of stockholders on its web site, www.unitedauto.com, b... 
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05/01/2002UnitedAuto reports a 139% increase in net income and a 90% increase in earnings per share
Revenues Increased 19% to $1.6 Billion Same Store Retail Revenues Increased 6.4% Twelfth Consecutive Quarter of Same Store Revenue Growth DETROIT, MI, May 1, 2002 , United Auto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced record results for first quarter 2002. First quarter revenues increased 19% to $1.6 billion and net income increased 139% to $15.7 million. Earnings p... 
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04/17/2002UnitedAuto Group To Host Conference Call
DETROIT, MI, April 17, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, will host a conference call discussing financial results for its first quarter 2002 on Wednesday, May 1, at 3 pm ET/ 2 pm CT/ 1 pm MT/ 12 pm PT. The call will follow the release earlier that morning of first quarter 2002 earnings for UnitedAuto Group. HOW TO PARTICIPATE: Advanced registration is not required. ... 
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04/03/2002UnitedAuto Announces Election of Additional Directors
H. Brian Thompson and Laurence Vaughan Join Company Board DETROIT, MI, April 3, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that H. Brian Thompson and Laurence Vaughan have been elected to its Board of Directors. With these additional appointments, the Company now has eleven directors. These appointments are expected to be ratified at the UnitedAuto Group Shar... 
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03/23/2002UnitedAuto Group Announces Joint Venture; Establishes Retail Sales and Service Operations for Toyota and Lexus Vehicles in Germany
DETROIT, MI, March 23, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has entered into a partnership with well-known German auto retailer Werner Nix. UAG Germany GmbH has formed a 50/50 joint venture with Nix to operate the Toyota and Lexus franchises in Frankfurt and Offenbach/Wächtersbach, Germany. Recently, the joint venture was awarded an open point for Toyota and Lex... 
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03/19/2002UnitedAuto Expected to Exceed First Quarter Earnings Estimates by More Than 20%
Net Income Expected to Double Earnings Per Share Expected to Increase by at Least 67% DETROIT, MI, March 19, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, confirmed today that it expects to exceed current First Call earnings estimates for the first quarter ending March 31, 2002, by at least $0.06 per share, or 20%. The Company indicated that first quarter earnings are being positively impacted by strong same store sales growth i... 
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03/13/2002UNITED AUTO GROUP, INC. COMMENCES $132 MILLION STOCK OFFERING AND COMPLETION OF SALE OF $300 MILLION OF SENIOR SUBORDINATED NOTES
DETROIT, MI, March 13, 2002 - United Auto Group, Inc. (NYSE: UAG) announced that, after the close of business on March 12, 2002, it commenced a public offering of 6,000,000 shares of its common stock, par value $.0001 per share, at $22.00 per share. Of the shares being offered, three million will be sold by the Company and three million will be sold by certain selling stockholders, some of whom have also granted the underwriters an option to purchase up to an additional 900,000 shares of common... 
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03/12/2002UNITEDAUTO ASSUMES CONTROL OF SYTNER GROUP, plc
DETROIT, MI, March 12, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that it has assumed voting control of approximately 92 percent of Sytner Group, plc, a leading retailer of luxury vehicles in the UK. All conditions to its previously announced cash tender offer have been either satisfied or waived. Sytner, traded on the London Stock Exchange (SYT.L), is headquartered in Leicester, England, and currently operates 48 franchises. For... 
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03/07/2002UAG Announces That Holders of 91.3% of Sytner Group Shares Outstanding Submit Valid Acceptances
RECOMMENDED CASH OFFER FOR SYTNER GROUP plc UNCONDITIONAL AS TO ACCEPTANCES DETROIT, MI, March 7, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, in a press release dated February 12, 2002 announced an agreement pursuant to which UAG would commence a cash offer ("Offer") for all of the capital stock of Sytner. On March 6, 2002, UAG had received valid acceptances under the Offer of approximately 91.3 percent of the issued share capital of Sytner ... 
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02/12/2002UAG Announces Offer To Purchase Sytner Group; Establishes Presence In The United Kingdom
DETROIT, MI, February 12, 2002 - UnitedAuto Group, Inc. (UAG) (NYSE: UAG), a Fortune 500 automotive specialty retailer, and Sytner Group PLC (Sytner), a leading retailer of luxury automobiles in the United Kingdom, announced today an agreement pursuant to which UAG will commence a cash offer for all of the capital stock of Sytner. Sytner, traded on the London Stock Exchange (SYT.L), is headquartered in Leicester, England, and currently operates 48 franchises. For the fiscal year ending Febru... 
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02/05/2002United Auto Group, Inc. Announces Proposed Equity and Debt Offerings
DETROIT, MI, February 5, 2002 - United Auto Group, Inc. (NYSE: UAG) announced that it proposes to file a registration statement with the Securities and Exchange Commission for an underwritten public offering of up to $150 million of its common stock, par value $.0001 per share, of which the Company expects to sell $75 million of newly-issued shares of common stock and selling stockholders expect to sell the remaining shares in the offering. The selling stockholders' shares are expected to be... 
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02/05/2002Unitedauto Reports Record Fourth Quarter And Full Year Results
Penske Increases Investment Revenues Increased 30.4% To $1.6 Billion In The Fourth Quarter And 27.4% To $6.2 Billion For The Full Year Net Income Increased 84.4% To $11.3 Million ($0.32 Per Share) In The Fourth Quarter And 49.0% To $44.7 Million ($1.31 Per Share) For The Full Year Same Store Retail Revenues Increased 20.0% In The Fourth Quarter And 9.1% For The Full Year DETROIT, MI, February 5, ... 
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01/21/2002Unitedauto Announces Expansion Into European Union Executes Agreements To Acquire Mercedes-Benz Retail Outlets At Milton Keynes And Kettering In United Kingdom
DETROIT, MI, January 21, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced plans to commence the retail sales and service of Mercedes-Benz passenger cars in the United Kingdom. UnitedAuto's expansion into Europe is consistent with the Company's vision to become a dominant global auto retailer. UnitedAuto plans to acquire two dealerships in the United Kingdom: Milton Keynes based Mercedes-Benz of Portway will be renamed Mercedes-Benz o... 
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01/17/2002Unitedauto Group To Host Conference Call With Release Of Fourth Quarter And Full-Year 2001 Earnings; Call Also To Be Broadcast Live Over The Internet
DETROIT, MI, January 17, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, will host a conference call discussing financial results for its fourth quarter and full-year 2001 on Tuesday, February 5, at 2 pm ET/ 1 pm CT/ 12 pm MT/ 11 am PT. The call will follow the release earlier that morning of fourth quarter and full-year 2001 earnings for UnitedAuto Group. HOW TO PARTICIPATE: Advanced registration is not required. Domestic, please call (800) 369-... 
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01/16/2002UnitedAuto Chrysler/Jeep/Dodge Dealerships Earn DaimlerChrysler Five Star Certification
DETROIT, MI, January 16, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that 100 percent of its Chrysler/Jeep/Dodge brand dealerships are DaimlerChrysler Five Star certified. This level of performance exceeds Chrysler's national average. DaimlerChrysler awards Five Star certification based on total compliance with stringent Five Star standards relating to training, facilities, customer-focused process, and customer satisfaction perfor... 
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01/10/2002UnitedAuto Dealerships in Indianapolis Renamed Penske Chevrolet, Penske Honda and Penske Chrysler Jeep Dodge; Chrysler and Jeep Brands Added to Dodge Dealership
DETROIT, MI, January 10, 2002 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced changes to its operations in Indianapolis, Indiana. UnitedAuto has renamed the dealerships it operates in Indianapolis, Indiana to Penske. These changes are designed to better reflect the common ownership of the dealerships. The name change to Penske in Indianapolis does not signal a strategic change for UnitedAuto; rather, the unique conditions in this market ... 
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