BNET Industries
Last Fiscal Year Sales:$12.9B
- Private
- US
Dow Jones Description
The auto world is united by UnitedAuto's great deals. Headquartered in Bloomfield Hills, MI, United Auto Group sells new and used motor vehicles and provides auto services such as vehicle maintenance, parts and collision repair, finance and insurance, and other aftermarket products. It owns and operates 152 franchises domestically and 102 franchises internationally, and operates dealerships under franchise agreements with several auto manufacturers. It markets its products and services in print media, television, radio, and online. The Company has revenues of $10 billion and employs 14,000 workers.
Number of Employees 14,300
Contact Information
2555 Telegraph Rd
Bloomfield Hills, Michigan 48302-0954
(248) 648-2500
Peer Companies
NAICS Code New Car Dealers: 441110
News & Analysis
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unitedauto group inc. - All News and Analysis
UnitedAuto Group takes Penske name.(Final assembly)(Penske Automotive Group Inc. )(Brief article)
- 2007-07-02
Say goodbye to UnitedAuto Group Inc. The public dealership group based in suburban Detroit is now Penske Automotive Group Inc. - as in CEO Roger Penske. Shareholders approved the new name at the company's annual meeting. The board of directors proposed the change because...
Business Diary.(UnitedAuto Group Inc. acquired Classic Automotive Group)(Schonsheck Inc. selected by St. Joseph Mercy Oakland)(Aco Hardware's new store)
- 2007-06-25
ACQUISITIONS UnitedAuto Group Inc., Bloomfield Hills, has acquired the Classic Automotive Group, a group of Toyota, Scion, Honda and Hyundai dealerships in Austin, Texas. CONTRACTS Schonsheck Inc., Wixom, has been selected by St. Joseph Mercy Oakland to provide...
Dealership Buy/Sell.(News)(Classic Automotive Group)(General Motors Corp. Cadillac Motor Car Div.)(UnitedAuto Group Inc.)
- 2007-05-14
UnitedAuto Group buys 3 Austin, Texas, stores UnitedAuto Group Inc. this month acquired Classic Automotive Group near Austin, Texas, which operates Toyota-Scion, Honda and Hyundai dealerships in suburban Round Rock. UnitedAuto says it expects the dealerships to contribute $300 million in annual revenue. ...
Crain's List: Largest auto dealers.(UnitedAuto Group Inc.)(Brief article)
- 2007-04-16
List of 25: see print copy. * * * UnitedAuto Group Inc. Roger Penske's publicly held chain of auto dealerships just kept on growing in 2006, adding about $1.5 billion in sales and breaking the $10 billion mark for...
Earnings slip for most public dealership groups.(News)
- 2007-03-19
Byline: Donna Harris Five of the six largest public auto dealership groups posted lower earnings in the fourth quarter of 2006. Despite the challenging retail market, two groups have announced aggressive acquisition plans for this year. Sonic Automotive Inc....
Cheap gasoline won't stop Smart.(Penske Corp.'s Roger Penske forecasting about his automobile Smart)
- 2007-01-22
Byline: Robert Sherefkin The price of gasoline has fallen to the low $1.80s in many areas, but Roger Penske says he can still sell the tiny Smart car. The automotive retailing giant and racing legend looked as if he had a solid...
Smart starts recruiting U.S. dealers.(Smart USA )
- 2007-01-15
Byline: Diana T. Kurylko Smart USA plans to begin sales early next year with a retail network of 50 to 60 dealerships. The company is requiring a dealer investment of about $300,000 apiece. Smart USA executives are hitting the road this month...
EMISSION OMISSIONS: Part 1 of 2; Beware of hybrid hype; many small cars with internal combustion provide high mpg and do it cheaper.(Special Report)
- 2006-11-20
Byline: Richard Truett Hybrids are now a credible niche in the United States. Through October, 211,134 hybrid vehicles were sold - a 23.1 percent gain over the 171,529 hybrids sold during the first 10 months of 2005. OK, I get it. But...
Dealership Buy/Sell.(Brief article)
- 2006-11-13
UnitedAuto sells 2 Ariz. Ford stores BUYER: Dan Grubb SELLER: UnitedAuto Group Inc., Bloomfield Hills, Mich. LOCATIONS: Phoenix and Goodyear, Ariz. FORMER NAMES: Pioneer Ford and Pioneer Ford West NEW NAMES: Dan Grubb Ford and...
High inventories cut 2 public retailers' earnings.(UnitedAuto Group Inc. )(Asbury Automotive Group Inc. )(Sonic Automotive Inc.)(Group 1 Automotive Inc. )
- 2006-11-13
Byline: Donna Harris Weak sales and bloated inventories of domestic-brand vehicles reduced net income for two of the six largest public auto dealership groups. AutoNation Inc. and Lithia Motors Inc. reported lower net income in the third quarter of 2006 than...
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