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United Auto Group Inc. to change name to Penske Automotive Group Inc.

United Auto Group Inc. said it will change its corporate name to Penske Automotive Group Inc. effective July 2, according to the Detroit Free Press.

The Bloomfield Hills-based owner and operator of 311 car dealerships said it will also change its ticker symbol to PAG on the New York Stock Exchange on Monday.

Posted by   at 9:34 AM to Auto industry , Sales | Permalink

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