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|UnitedAuto Completes Lexus Expansion; New Dealerships Open in Chandler, Arizona, and Warwick, Rhode Island|
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Dec. 1, 2005--United Auto Group, Inc. (NYSE:UAG), a worldwide automotive retailer, announces the completion of its expansion projects for the Lexus brand in Chandler, Arizona, and Warwick, Rhode Island.
Located in the rapidly growing area of southeast Phoenix at Ray Road and the Interstate I-10 freeway, the new Chandler facility is a companion point to complement the Company's existing Lexus franchise in Scottsdale, Arizona. The 66,000-square-foot facility is located on a 24-acre site in a campus-like setting adjacent to the company's Mercedes-Benz of Chandler dealership. With the opening of this new facility UnitedAuto has added an additional 30 service bays to handle Lexus's expanding units in operation in the Phoenix market.
Additionally, UnitedAuto has opened its newly constructed Lexus dealership in Warwick, Rhode Island. The new facility represents the latest stage in the expansion of UnitedAuto's Inskip Automall. The 44,000-square-foot facility has been designed to improve customer service and support the brand's increasing units in operation. The new facility adds 17,000 square feet and an additional 13 service bays, virtually doubling the service capacity at the Inskip location.
Roger Penske, UAG Chairman said, "We are pleased to offer these new facilities to our employees and customers in the Phoenix and New England markets. Our companion point in Phoenix provides an opportunity to bring the Lexus product to a new and rapidly growing area of the metropolitan Phoenix market while the new facility in New England is an important milestone in the redevelopment of our Inskip campus. The long-awaited upgrade sets a new standard for the Lexus brand in New England." Penske continued, "Both of the new facilities showcase the outstanding qualities of the Lexus brand while providing our customers and employees with the amenities to provide first-class customer service."
United Auto Group, Inc., headquartered in Bloomfield Hills, Michigan, operates 269 retail automotive franchises, representing 40 different brands, and 27 collision repair centers. UnitedAuto, which sells new and previously owned vehicles, finance and insurance products and replacement parts, and offers maintenance and repair services on all brands it represents, has 166 franchises in 19 states and Puerto Rico and 103 franchises located internationally, primarily in the United Kingdom. UnitedAuto is a member of the Fortune 500 and Russell 2000 and has approximately 14,000 employees.
CONTACT: United Auto Group, Inc.
SOURCE: United Auto Group, Inc.