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United Auto Group




United Auto Group is a publicly traded company having a good stock performance result. The Group is a fortune 500 stock listed company trading under UAG. United Auto Group was founded in 1990 and is based in Bloomfield Hills, Michigan.
 
United Auto Group, Inc. primarily operates as an automotive retailer in the United States and the United Kingdom. It sells new and used motor vehicles such as BMW, Honda, Lexus, Mercedes, and Toyota, as well as Audi, BMW, Cadillac, and Porsche, as well as offers various repair, maintenance, and collision services.
 
United Auto Group also facilitates the sale of third-party finance and insurance products, third-party extended service contracts, and replacement and aftermarket automotive products. As of March 1, 2006, it owned and operated 171 franchises in the United States and 123 franchises internationally; and 27 collision repair centers.
 
During the year ended December 31, 2004, the Company owned and operated 152 franchises in the United States and 101 franchises internationally, primarily in the United Kingdom. In 2004, luxury brands represented 53 percent of its revenues. United Auto Group is the second largest publicly-traded automotive retailer in the United States as measured by total revenue. New vehicle sales represented 59 percent of the Company's revenue. Used vehicle sales represented 29 percent of the Company's revenue. The finance and insurance sales represented 2 percent of the Company's revenue. Service and parts sales represented 10 percent of the Company's revenue.
 
The Company offers a full range of 40 vehicle brands. In addition to selling new and used vehicles, it also sells higher-margin products, such as finance, insurance and vehicle service contracts, maintenance repair services, replacement parts and aftermarket automotive products through dealers. Approximately 10.2bl dollars sales have made as of 31st Dec 2005. They have earned 119.0 million dollars as income in the last 12 months.

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