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Press Release

UnitedAuto Group to Participate in Raymond James 26th Annual Institutional Investors Conference

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--March 2, 2005--UnitedAuto Group, Inc. (NYSE:UAG), a FORTUNE 500 automotive specialty retailer, announced today that Roger Penske, Chairman, and Tony Pordon, Vice-President Investor Relations, will be presenters at the Raymond James 26th Annual Institutional Investors Conference in Orlando, Florida. The presentation is scheduled to occur from 8:05 a.m. until 8:35 a.m. Eastern Time on March 7, 2005.

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

About UnitedAuto

UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 152 franchises in the United States and 101 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: UnitedAuto Group
             Jim Davidson, 201-325-3303
             or Tony Pordon, 248-648-2540

    SOURCE: UnitedAuto Group