United Auto Group, Inc. (NYSE:UAG), an international automotive
retailer, today announced that its Board of Directors has approved a
quarterly dividend of $0.07 per share payable on June 1, 2007, to
shareholders of record on May 11, 2007.
United Auto Group, Inc., headquartered in Bloomfield Hills,
Michigan, operates 314 retail automotive franchises, representing 41
different brands, and 26 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 169 franchises in 19 states
and Puerto Rico and 145 franchises located outside the United States,
primarily in the United Kingdom. UnitedAuto is a member of the Fortune
500 and Russell 1000 and has 16,000 employees.
Statements in this press release may involve forward-looking
statements, including forward-looking statements regarding UnitedAuto.
Actual results may vary materially because of risks and uncertainties,
including external factors such as interest rate fluctuations, changes
in consumer spending and other factors over which management has no
control. These forward-looking statements should be evaluated together
with additional information about UnitedAuto's business, markets,
conditions and other uncertainties, which could affect UnitedAuto's
future performance, which are contained in UnitedAuto's Form 10-K for
the year ended December 31, 2006, and its other filings with the
Securities and Exchange Commission and which are incorporated into
this press release by reference. This press release speaks only as of
its date, and UnitedAuto disclaims any duty to update the information
herein.
