<PAGE>1
-------------------------------
OMB APPROVAL
-------------------------------
OMB Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response.....14.90
-------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
United Auto Group, Inc.
(Name of Issuer)
Voting Common Stock
(Title of Class of Securities)
909440 10 9
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>2
SCHEDULE 13G
- -------------- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trace International Holdings, Inc. I.D. #
- -------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- -------------- ----------------------------------------------------------------
3 SEC USE ONLY
- -------------- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------- ---------- ------------------------------------------------
5 SOLE VOTING POWER
-0-
---------- ------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 3,531,156 shares of Voting Common Stock
OWNED BY EACH ---------- ------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
-0-
---------- ------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,531,156 shares of Voting Common Stock
- ----------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,531,156 shares of Voting Common Stock
- ----------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ----------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.2%
- ----------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ----------- -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>3
SCHEDULE 13G
- -------------- ----------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trace Auto Holdings, Inc. I.D. #
- -------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- -------------- ----------------------------------------------------------------
3 SEC USE ONLY
- -------------- ----------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------- ---------- ------------------------------------------------
5 SOLE VOTING POWER
-0-
---------- -----------------------------------------------
NUMBER OF SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH 3,531,156 shares of Voting Common Stock
REPORTING PERSON ---------- ------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
---------- ------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,531,156 shares of Voting Common Stock
- ----------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,531,156 shares of Voting Common Stock
- ----------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- ----------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.2%
- ----------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ----------- -------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>4
This Schedule 13G/A, filed by and on behalf of Trace International Holdings,
Inc. and Trace Auto Holdings, Inc., (collectively, the "Filing Persons"), amends
and restates in its entirety the Schedule 13G filed on behalf of the Filing
Persons on February 13, 1997 (the "Original 13G").
Item 1.
(a) Name of Issuer:
United Auto Group, Inc.
(b) Address of Issuer's Principal Executive Offices:
375 Park Avenue, 22nd Floor, New York, New York 10152
Item 2.
(a) Name of Person Filing:
This statement is filed by and on behalf of (a) Trace International
Holdings, Inc. ("TIHI"); and (b) Trace Auto Holdings, Inc.
("Trace Auto").
(b) Address of Principal Business Office or, if none, Residence:
The business address of each of the foregoing is 375 Avenue,
11th Floor, New York, New York 10152
(c) Citizenship:
TIHI and Trace Auto are Delaware corporations.
(d) Title of Class of Securities:
Voting Common Stock
(e) CUSIP Number:
909440 10 9
Item 3.
Not applicable.
Item 4. Ownership.
TIHI and Trace Auto:
(a) Amount Beneficially Owned: 3,531,156 Shares
<PAGE>5
(b) Percent of Class: 21.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
-0-
(ii) shared power to vote or to direct the vote:
3,531,156 Shares
(iii) sole power to dispose or to direct the
disposition of:
-0-
(iv) shared power to dispose or to direct the
disposition of:
3,531,156 Shares
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
<PAGE>6
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
TRACE INTERNATIONAL HOLDINGS, INC.
By: /s/ Philip N. Smith, Jr.
----------------------------
April 2, 1997 Philip N. Smith, Jr.,
Senior Vice President,
Secretary and General Counsel
TRACE AUTO HOLDINGS, INC.
By: /s/ Philip N. Smith, Jr.
---------------------------
April 2, 1997 Philip N. Smith, Jr.,
Vice President, Secretary and
General Counsel
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
1 Joint Filing Agreement, dated April 2, 1997, among
the signatories to this Schedule 13G Amendment No. 1.
<PAGE>1
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent it knows or has reason to believe that such information is
inaccurate. This Joint Filing Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.
Dated: April 2, 1997
TRACE INTERNATIONAL HOLDINGS, INC.
By:/s/ Philip N. Smith, Jr.
---------------------------
Philip N. Smith, Jr.
Senior Vice President,
Secretary and General Counsel
TRACE AUTO HOLDINGS, INC.
By: /s/ Philip N. Smith, Jr.
---------------------------
Philip N. Smith, Jr.
Vice President, Secretary
and General Counsel
