UnitedAuto Group, Inc., (NYSE:UAG) headquartered in Bloomfield Hills, Michigan, is the second largest automotive retailer in the U.S., as measured by total revenues. UnitedAuto operates 319 retail automotive dealerships around the world - 170 dealerships are located in 20 states and Puerto Rico and 149 dealerships are located outside the United States, primarily in the United Kingdom as well as Germany and Mexico.
UAG represents 41 different brands creating one of the best brand mixes in the industry. UnitedAuto sells new and previously-owned vehicles, finance and insurance products, replacement parts, and offers maintenance and repair services on all brands it represents. In addition to retail outlets UAG operates 27 collision repair centers. In 2005, UnitedAuto ranked #214 on the Fortune 500 and is a member of the Russell 1000. UnitedAuto has over 15,000 employees.
In 2005, the Company generated revenue of $10.1 billion. For the same year, UnitedAuto sold 177,000 new vehicles and 81,000 pre-owned vehicles. For the nine months ended September 30, 2006, UnitedAuto generated revenue of $8.6 billion while retailing 146,000 new vehicles and 70,000 pre-owned vehicles.
In key market areas, UnitedAuto aggregates its dealerships in a group setting in order to build a destination location for its customers. These larger dealership campuses are located in Scottsdale and North Scottsdale, Arizona; San Diego, California; Fayetteville, Arkansas; Vienna, Virginia; West Warwick, Rhode Island; and Turnersville, New Jersey.
UnitedAuto Group has pursued a strategy based on internal growth from its existing dealerships as well as from strategic acquisitions. By offering outstanding brands in world-class facilities, “one-stop” shopping convenience, competitive pricing and a well-trained and knowledgeable sales staff, UnitedAuto aims to establish lasting relationships with its customers, which enhances its reputation in the community and creates the opportunity for significant repeat and referral business. For further information please visit - www.unitedauto.com