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Press Release

UnitedAuto Group to Participate in Banc of America Securities 34th Annual Investment Conference

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Sept. 16, 2004--UnitedAuto Group, Inc. (NYSE:UAG), a FORTUNE 500 automotive specialty retailer, announced today that Tony Pordon, Vice-President Investor Relations, will be a presenter at the Banc of America Securities 34th Annual Investment Conference in San Francisco, California. The presentation is scheduled to occur from 1:30 p.m. until 2:00 p.m. Pacific Time on September 21, 2004.

UnitedAuto will simultaneously broadcast the audio portion of this presentation over the Internet. The webcast may be accessed through a link on the UnitedAuto Group website at www.unitedauto.com.

About UnitedAuto

UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 145 franchises in the United States and 103 franchises internationally, primarily in the United Kingdom. UnitedAuto dealerships sell new and used vehicles, and market a complete line of after-market automotive products and services.


    CONTACT: United Auto
             Finance:
             Jim Davidson, 201-325-3303
             jdavidson@unitedauto.com
             or
             Investor Relations:
             Tony Pordon,  248-648-2540
             tpordon@unitedauto.com

    SOURCE: UnitedAuto Group, Inc.