UnitedAuto Announces Quarterly Dividend
BLOOMFIELD HILLS, Mich.--Feb. 3, 2005--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.11 per share payable on March 1, 2005, to shareholders of record on February 10, 2005.UnitedAuto, which has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 152 franchises in the United States and 101 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.