UnitedAuto Announces Quarterly Dividend

BLOOMFIELD HILLS, Mich.--July 23, 2004--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.10 per share payable on September 1, 2004 to shareholders of record on August 9, 2004.

About UnitedAuto

UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 139 franchises in the United States and 103 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.