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 September
1, 2006, to shareholders of record on August 10, 2006.
United Auto Group, Inc., headquartered in Bloomfield Hills,
Michigan, operates 296 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 173 franchises in 19 states
and Puerto Rico and 123 franchises located outside the United States,
primarily in the United Kingdom. UnitedAuto is a member of the Fortune
500 and Russell 2000 and has approximately 15,000 employees.
Statements in this press release involve forward-looking
statements. Actual results may vary materially because of risks and
uncertainties. These forward-looking statements should be evaluated
together with additional information about UnitedAuto's business,
market 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, 2005, and its other filings
with the Securities and Exchange Commission, and which is 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.
