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|UnitedAuto Ford Dealerships Complete Ford Blue Oval Certification Process|
|DETROIT, MI, August 21, 2001 - UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, announced today that 100% of its Ford brand dealerships have achieved certification under Ford Motor Company's Blue Oval Certification program. Ford Blue Oval Certified represents a holistic approach to enhancing the experience of Ford brand ownership. Dealerships that earn Blue Oval Certified recognition provide best-in-class automotive retail sales and service quality to their customers.
Chairman Roger Penske stated, "We are delighted with the performance of our Ford brand dealerships, and their ability to earn Ford's distinguished recognition. The achievement of Blue Oval Certification by UnitedAuto's Ford dealerships demonstrates the Company's continuing commitment to provide exceptional customer service, and to support the strategic initiatives of its OEM partners."
UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 124 franchises in 19 states, Puerto Rico and Brazil. UnitedAuto dealerships sell new and used vehicles, and market a complete line of after-market automotive products and services.
Statements in this press release may include forward-looking statements. These forward-looking statements should be evaluated together with additional information about UnitedAuto's business, markets, conditions and other uncertainties which are contained in UnitedAuto's filings with the Securities and Exchange Commission and which are incorporated into this press release by reference.