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UnitedAuto Group, Inc., an automotive specialty retailer, announced that it has published its new policies and procedures on Corporate Governance.
This information may be accessed by logging onto the Company's website at www.unitedauto.com and selecting the Corporate Governance section.
Chairman Roger Penske stated, "A major topic in today's business environment is the issue of Corporate Governance. It is important that our shareholders, employees, and customers know that honest, ethical and prudent corporate leadership are the hallmarks of UAG's culture. The Board of Directors and senior management team are committed to these principles. We believe that strict adherence to these policies provide a solid basis to properly operate and grow our business in the future."
UnitedAuto, which says it has pursued a strategy based on internal growth from its existing dealerships, as well as from strategic acquisitions, operates 129 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.
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