Jan
23
UnitedAuto Dealerships in Indianapolis Renamed Penske Chevrolet, Penske Honda and Penske Chrysler Jeep Dodge; Chrysler and Jeep Brands Added to Dodge Dealership
Filed Under Chevy Cars
DETROIT–(BUSINESS WIRE)–Jan. 10, 2002
UnitedAuto Group, Inc. (NYSE: UAG), a FORTUNE 500 automotive specialty retailer, today announced changes to its operations in Indianapolis, Indiana.
UnitedAuto has renamed the dealerships it operates in Indianapolis, Indiana to Penske. These changes are designed to better reflect the common ownership of the dealerships. The name change to Penske in Indianapolis does not signal a strategic change for UnitedAuto; rather, the unique conditions in this market created an opportunity to leverage the well-known Penske name.
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In addition, the full line of Chrysler and Jeep vehicles, service and parts has been added to the existing Dodge dealership. Chrysler, Jeep and Dodge customers will benefit by having a state-of-the-art sales and service facility available to support their vehicle, service, parts and body shop needs.
Commenting on Indianapolis, Roger Penske, UnitedAuto Chairman, said, “The changes taking place at these dealerships provided the perfect opportunity for us to align our efforts in this important market under a common name. We’re changing the name on the building, but not the attributes that have made these businesses so successful over the years - great value, great selection, and most important - great people.”
