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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
(AMENDMENT NO. 1)/1/
UNITED AUTO GROUP, INC.
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(Name of Issuer)
Voting Common Stock
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(Title of Class of Securities)
909440109
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(CUSIP Number)
John F. Hartigan, Esq.
Morgan, Lewis & Bockius LLP
300 South Grand Avenue
Los Angeles, California 90071-3132
(213) 612-2500
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 3, 1999
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
________________
/1/ 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 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 (the "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 1 of 6 Pages
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CUSIP No. 909440109 13D Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AIF II, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF 1,843,656 shares of Common Stock
SHARES --------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0 shares of Common Stock
REPORTING --------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
1,843,656 shares of Common Stock
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0 shares of Common Stock
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,843,656 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 909440109 13D Page 3 of 6 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
APOLLO ADVISORS, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF 1,843,656 shares of Common Stock
SHARES --------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0 shares of Common Stock
REPORTING --------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
1,843,656 shares of Common Stock
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0 shares of Common Stock
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,843,656 shares of Common Stock
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 4 of 6 Pages
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STATEMENT PURSUANT TO RULE 13d-1
OF THE
GENERAL RULES AND REGULATIONS
UNDER THE
SECURITIES EXCHANGE ACT OR 1934, AS AMENDED
================================================================================
The Statement on Schedule 13D of AIF II, L.P. ("AIFII") and Apollo Advisors,
L.P. ("Advisors") relating to the Voting Common Stock, par value $0.0001 per
share, of United Auto Group, Inc. ("UAG" or the "Issuer"), a Delaware
corporation, is hereby amended to reflect the execution of the Stockholders'
Agreement, dated as of May 3, 1999, by and among Trace International Holdings,
Inc., AIFII, Aeneas Venture Corporation, International Motor Cars Group I,
L.L.C., International Motor Cars Group II, L.L.C. and UAG. Responses to each
item below are incorporated by reference into each other item, as applicable.
Item 4. Purpose of Transaction.
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The second paragraph of Item 4 is hereby amended by adding the following
text at the end thereof:
On May 3, 1999, IMCG and the Issuer consummated the Initial Closing. In
connection with the Initial Closing, the Issuer, IMCG, Trace International,
AIFII and Aeneas Venture Corporation entered into the Stockholders' Agreement,
which is set forth as Exhibit 3 hereto and is incorporated by reference herein.
The last paragraph of Item 4 is hereby amended and restated in its entirety
as follows:
The foregoing response to this Item 4 is qualified in its entirety by
reference to the Voting Agreement, the Consent Agreement and the Stockholders'
Agreement, the full texts of which are filed as Exhibits 1, 2 and 3,
respectively, hereto and incorporated
herein by this reference.
Item 7. Material to be Filed as Exhibits.
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Item 7 is hereby amended by amending and restating the entry opposite
"Exhibit 3" as follows:
Stockholders Agreement, dated as of May 3, 1999, by and among Trace
International Holdings, Inc., AIF II, L.P., Aeneas Venture Corporation,
International Motor Cars Group I, L.L.C., International Motor Cars Group II,
L.L.C. and United Auto Group, Inc.
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Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: May 7, 1999
AIF II, L.P.
By: Apollo Advisors, L.P.,
Managing General Partner
By: Apollo Capital Management, Inc.,
General Partner
By: /s/ Michael D. Weiner
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Name: Michael D. Weiner
Title: Vice President, Apollo Capital
Management, Inc.
APOLLO ADVISORS, L.P.
By: Apollo Capital Management, Inc.,
General Partner
By: /s/ Michael D. Weiner
------------------------------------
Name: Michael D. Weiner
Title: Vice President, Apollo Capital
Management, Inc.
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Page 6 of 6 Pages
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EXHIBIT INDEX
Exhibit No. Title
EXHIBIT 3. Stockholders Agreement, dated as of May 3, 1999, by and among
Trace International Holdings, Inc., AIF II, L.P., Aeneas Venture
Corporation, International Motor Cars Group I, L.L.C.,
International Motor Cars Group II, L.L.C. and United Auto Group,
Inc.*
______________
(*) Incorporated herein by reference to Exhibit 10.12 to Amendment No. 5 to Form
Schedule 13D with respect to the Voting Common Stock of United Auto Group, Inc.
filed by Marshall S. Cogan and Trace International Holdings, Inc. with the
Securities and Exchange Commission on May 4, 1999.
