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Newswire

United Auto Group to change name

June 29 (Reuters) - Car-dealership group United Auto Group Inc. said it will officially change its name to Penske Automotive Group Inc., effective July 2.

The company's ticker symbol on the New York Stock Exchange will change to "PAG" to reflect the change in name, United Auto said in a statement. (Reporting by Dilipp S. Nag in Bangalore)