EXHIBIT 99.1
Press Release
[UNITEDAUTO LOGO]
United Auto Group, Inc.
2555 Telegraph Rd.
Bloomfield Hills, MI 48302-0954
Contact: Phillip M. Hartz Tony Pordon
Senior Vice President -- Vice President -
Corporate Communications Investor Relations
248-648-2610 248-648-2540
phartz@unitedauto.com tony.pordon@unitedauto.com
FOR IMMEDIATE RELEASE
UNITEDAUTO GROUP TO HOST CONFERENCE CALL
WITH RELEASE OF THIRD QUARTER 2002 EARNINGS;
CALL ALSO TO BE BROADCAST LIVE OVER THE INTERNET
DETROIT, MI, October 9, 2002 -- UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE
500 automotive specialty retailer, will host a conference call discussing
financial results for its third quarter 2002 on Tuesday, October 29, at 2 pm ET/
1 pm CT/ 12 pm MT/ 11 pm PT. The call will follow the release earlier that
morning of third quarter 2002 earnings for UnitedAuto Group.
HOW TO PARTICIPATE:
Advanced registration is not required.
- - Domestic, please call (800) 230-1096
- - International, please call (612) 332-0107
Calls need to be made shortly before 2 pm ET on the 29th of October. Please
provide the leader's name -- Roger Penske -- as well as the code UAG3Q. The call
cannot be accessed without this information.
This call will also be simultaneously broadcast on the Internet. This
simultaneous webcast may be accessed through the UnitedAuto Group website at
www.unitedauto.com. We recommend you access the webcast 15-20 minutes prior to
the scheduled start time. To listen to the webcast, participants will need a
computer with speakers and Real Player or Windows Media Player software. Links
to download the free Players software will be available on the UnitedAuto Group
website.
There will be an instant replay of the call with reverse, pause, and fast
forward features available from Tuesday, October 29, at 5:30 p.m. ET, until
11:59 pm ET, Tuesday, November 5. Following are the numbers to call to listen to
the playback:
- - Domestic, please call (800) 475-6701 (access code 655061)
- - International, please call (320) 365-3844 (access code 655061)
A rebroadcast of the conference call will also be available on the Company's
website beginning one hour after the completion of the live broadcast and for
the following thirty days.
A copy of the transcript of the call can be e-mailed. Please e-mail
nvermillion@unitedauto.com with this request beginning Tuesday, November 5.
UnitedAuto, which has pursued a strategy based on internal growth from its
existing dealerships, as well as from strategic acquisitions, operates 127
franchises in the United States and 71 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.
Statements in this press release may include forward-looking statements. These
forward-looking statements should be evaluated together with additional
information about UnitedAuto's business markets, conditions and other
uncertainties which are contained in UnitedAuto's filings with the Securities
and Exchange Commission and which are incorporated into this press release by
reference.
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