Mega dealer United Auto Group Inc. (UAG) reports a 139% increase in net income, a 90% jump in earnings per share and a 19% rise in revenue for first quarter 2002, despite a slight decline in new and used vehicle sales in the U.S. Revenues for the period totaled $1.6 billion, pushing net income to $15.7 million, or $0.40 per share. Chairman Roger Penske credits UAG’s March acquisition of the Sytner Group, a luxury U.K. auto retailer, and the combined equity and debt transactions that ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.