<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

                  For the quarterly period ended March 31, 2002

                                       OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

               For the transition period from ________ to________
                         Commission file number 0-25198

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
                      -------------------------------------
             (Exact name of registrant as specified in its charter)

               Delaware                                    36-3973627
               --------                                    ----------
   (State or other jurisdiction of                      (I.R.S. Employer
    incorporation or organization)                     Identification No.)

                           11859 South Central Avenue
                              Alsip, Illinois 60803
                              ---------------------
                    (Address of principal executive offices)
                                   (Zip Code)

                                 (708) 293-4050
                                 --------------
              (Registrant's telephone number, including area code)

                                       N/A
                                       ---
              (Former name, former address and former fiscal year,
                          if changed since last report)

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes   X    No
                                              -----     -----

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

     Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Sections 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. Yes _____  No _____

                      APPLICABLE ONLY TO CORPORATE ISSUERS:
The number of shares of issuer's Common Stock, par value $.01 per share,
outstanding as of April 22, 2002 was 8,220,949 shares.

<PAGE>

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.

                                      INDEX


                                                                         Page(s)
                                                                         -------
PART I.  FINANCIAL INFORMATION

   Item 1. Financial Statements

         Consolidated Balance Sheets
                  March 31, 2002 (Unaudited) and December 31, 2001        3

         Consolidated Statements of Operations
                  (Unaudited) - for the three months ended
                  March 31, 2002 and 2001                                 4

         Consolidated Statements of Cash Flows
                  (Unaudited) - for the three months ended
                  March 31, 2002 and 2001                                 5

         Notes to Condensed Financial Statements (Unaudited)              6 - 7

   Item 2. Management's Discussion and Analysis of Financial Condition
              and Results of Operations                                   8 - 10

   Item 3. Quantitative and Qualitative Disclosure About Market Risk      10

PART II.  OTHER INFORMATION

   Items 1 through 5 are not applicable to the Company in this report     10

   Item 6 - Exhibits and Reports on Form 8-K                              10

   Signatures                                                             11

   EXHIBIT 11 - Computation of Earnings Per Share                         12




                                       2
<PAGE>

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
                           CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                       March 31,2002   December 31, 2001
                                                                       -------------   -----------------
                                                                        (Unaudited)
<S>                                                                    <C>             <C>
Assets
Current Assets:
Cash                                                                   $    101,393      $    976,585
Accounts receivable, trade                                               16,717,322        15,789,886
Inventories                                                              15,480,879        16,417,009
Deferred income taxes                                                       240,000           240,000
Prepaid expenses and other current assets                                   679,852           486,293
                                                                       ------------      ------------
                                                                         33,219,446        33,909,773

Property and Equipment, net                                               4,581,925         4,728,034

Other Assets:
Goodwill, net                                                               479,950           480,498
Due from stockholders                                                       320,929           320,929
Other assets                                                                543,233           598,609
                                                                       ------------      ------------
                                                                          1,344,112         1,400,036
                                                                       ------------      ------------
                                                                       $ 39,145,483      $ 40,037,843
                                                                       ============      ============
Liabilities and Stockholders' Equity
Current Liabilities:
Accounts payable, trade                                                $ 10,975,553      $ 11,446,262
Long-term indebtedness and subordinated debenture, current portion          672,622           871,346
Accrued expenses and other current liabilities                            3,093,833         3,569,600
                                                                       ------------      ------------
                                                                         14,742,008        15,887,208
Long-term Liabilities:
Revolving loan indebtedness                                              18,654,226        19,021,873
Subordinated debenture, non-current portion                               1,179,986         1,179,986
Long-term indebtedness, non-current portion                                 329,335           421,269
                                                                       ------------      ------------
                                                                         20,163,547        20,623,128
Stockholders' Equity:
Preferred stock (authorized 2,000,000 shares, $.01 par value,
201,438 shares of Series A and 100,000 shares of Series B issued
and outstanding)                                                              3,014             3,014
Common stock (authorized 30,000,000 shares, $.01 par value,
8,220,949 shares and 7,939,599 issued and outstanding at
March 31, 2002 and December 31, 2001, respectively)                          82,209            79,394
Additional paid-in-capital                                               15,186,656        14,583,947
Accumulated deficit                                                      (9,984,112)      (10,136,023)
Accumulated other comprehensive loss                                       (927,839)         (882,825)
Stock subscription receivable                                              (120,000)         (120,000)
                                                                       ------------      ------------
                                                                          4,239,928         3,527,507
                                                                       ------------      ------------
                                                                       $ 39,145,483      $ 40,037,843
                                                                       ============      ============
</TABLE>


    The accompanying notes are an integral part of the financial statements.


                                       3
<PAGE>

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                          Three Months Ended March 31,
                                                         ------------------------------
                                                             2002              2001
                                                             ----              ----
<S>                                                      <C>               <C>
Net Sales                                                $ 17,644,317      $ 16,028,365
Cost of Sales                                              14,428,203        13,543,634
                                                         ------------      ------------
Gross Profit                                                3,216,114         2,484,731
Selling, General, and Administrative Expenses               2,698,724         2,802,391
Loss from discontinued operations                                 -             154,893
                                                         ------------      ------------
Income (Loss) From Operations                                 517,390          (472,553)
Other Expense:
     Interest expense                                         350,828           580,003
     Other                                                     14,651            21,871
                                                         ------------      ------------
                                                              365,479           601,874
                                                         ------------      ------------

Income (Loss) before Provision for Income Taxes               151,911        (1,074,427)

Income Tax Provision                                              -              10,500
                                                         ------------      ------------
Net Income (Loss)                                        $    151,911      $ (1,084,927)
                                                         ============      ============


Comprehensive Income (Loss):
Net Income (Loss)                                        $    151,911      $ (1,084,927)
     Other Comprehensive Income (Loss),
     Foreign Currency Translation Adjustment                  (45,014)          237,422
                                                         ------------      ------------
Comprehensive Income (Loss)                              $    106,897      $   (847,505)
                                                         ============      ============

Earnings (Loss) Per Share:

Basic                                                    $       0.02      $      (0.15)
Diluted                                                  $       0.01      $      (0.15)

Weighted average number of common shares outstanding

Basic                                                       8,120,406         7,295,402
Common stock equivalents resulting from
warrants and options                                        4,045,345               -
                                                         ------------      ------------
Diluted                                                    12,165,751         7,295,402
                                                         ------------      ------------
</TABLE>



     The accompanying notes are an integral part of the financial statements


                                       4
<PAGE>

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                THREE MONTHS ENDED MARCH 31,
                                                                ----------------------------
                                                                    2002             2001
                                                                    ----             ----
<S>                                                             <C>              <C>
Cash Flows from Operating Activities:
Net Income (Loss)                                               $   151,911      $(1,084,927)
Adjustments to reconcile net income (loss) to net
cash used in operating activities:
    Depreciation and amortization                                   285,761          382,162
    Provision for bad debts                                          85,519           81,755
    Compensation expense for stock options                            9,900           48,660
    Deferred income taxes                                                             10,728
    Other, net                                                      (12,013)         (34,605)
    Changes in operating assets and liabilities:
      Accounts receivable, trade                                 (1,012,955)      (1,312,839)
      Inventories                                                   936,130          811,920
      Prepaid expenses and other current assets                    (193,559)         113,844
      Net assets of Hungarian operations                                              60,130
      Other assets                                                   55,376          122,527
      Accounts payable, trade                                      (470,709)         (55,692)
      Accrued expenses and other current liabilities               (475,767)        (688,263)
                                                                -----------      -----------
Net cash used in operating activities                              (640,406)      (1,544,600)

Cash Flows for Investing Activities:
    Purchase of property and equipment                             (127,064)        (320,832)
                                                                -----------      -----------
Net cash used in investing activities                              (127,064)        (320,832)
Cash Flows from Financing Activities:
    Net increase/(decrease) in revolving loan indebtedness         (367,647)       1,560,259
    Proceeds on notes payable                                                         93,977
    Principal payment on subordinated debt                         (200,000)
    Principal payments on notes payable                             (90,685)         (56,115)
    Common stock issued by exercise of options and warrants         595,624              327
                                                                -----------      -----------
Net cash provided by financing activities                           (62,708)       1,598,448

Effect of exchange rate changes on cash                             (45,014)         237,422

Net (Decrease) in Cash                                             (875,192)         (29,562)
Cash, Beginning of Period                                           976,585           56,127
                                                                -----------      -----------
Cash, End of Period                                             $   101,393      $    26,565
                                                                ===========      ===========

Supplemental Disclosures of Cash Flow Information:
    Cash paid for interest                                      $   371,087      $   624,783
                                                                ===========      ===========
    Cash paid for income taxes                                  $       -        $     3,531
                                                                ===========      ===========
</TABLE>




    The accompanying notes are an integral part of the financial statements.


                                       5
<PAGE>

                      UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (UNAUDITED)


1.   UNAUDITED INTERIM FINANCIAL STATEMENTS
Interim condensed financial statements are prepared pursuant to the requirements
for reporting on Form 10-Q. Accordingly, certain disclosures accompanying annual
financial statements prepared in accordance with generally accepted accounting
principles are omitted. For additional disclosures, see the Notes to
Consolidated Financial Statements contained in Universal Automotive Industries,
Inc. (the "Company") Annual Report on Form 10-K for the year ended December 31,
2001.

Our significant accounting policies are described in Note 2 to the Consolidated
Financial Statements contained in Universal Automotive Industries, Inc. (the
"Company") Annual Report on Form 10-K for the year ended December 31, 2001. The
application of these policies may require management to make judgments and
estimates about the amounts reflected in the financial statements. Management
uses historical experience and all available information to make these estimates
and judgments, and different amounts could be reported using different
assumptions and estimates.

In the opinion of management of the Company, all adjustments, consisting solely
of normal recurring adjustments, necessary for the fair presentation of the
financial statements for these interim periods have been included. The current
period's results of operations are not necessarily indicative of results, which
ultimately may be achieved for the year.

Certain reclassifications have been made for the period presented in the
financial statements to conform to the classifications presented in 2002

2.   INVENTORIES

                            March 31, 2002       December 31, 2001
                            --------------       -----------------
     Finished goods          $ 11,799,633           $ 12,057,191
     Work in process              937,285                888,742
     Raw materials              2,743,961              3,471,076
                             ------------           ------------
                             $15,480,879            $ 16,417,009
                             ------------           ------------

3.   BASIS OF PRESENTATION

Net Income Per Share
Warrants and options issued by the Company are only included in the computation
of weighted average number of shares, where their inclusion is not
anti-dilutive. For the three months ended March 31, 2001, common stock
equivalents are not included in the weighted average number of shares
outstanding in determining net loss per share.

Income Taxes
For the quarters ended March 31, 2002 and 2001, the provision for income taxes
differed from the amount computed by applying the statutory rate to income
(loss) before income taxes primarily due to adjustments to the valuation
allowance for deferred tax benefit.



                                       6
<PAGE>

4.   LASALLE INDEBTEDNESS

The LaSalle Credit Agreement contains certain limitations on dividends and
capital expenditures and requires the Company to satisfy certain financial tests
concerning earnings before interest, taxes, depreciation and amortization
(EBITDA), defined minimum tangible net worth and debt service coverage. At
December 31, 2001, the Company was not in compliance with certain of these
financial covenants. On March 27, 2002, LaSalle informed the Company that it
would waive such violation upon completion of required documentation that will
include certain modifications and amendments to the Credit Agreement. These
modifications and amendments were executed on April 30, 2002, which provides
among its provisions, an extension of the Credit Agreement until May 31, 2003
and modifications to certain financial covenants for which the Company was in
compliance as of March 31, 2002.

5.   RECENTLY ADOPTED ACCOUNTING STANDARDS

In July 2001, the FASB issued Statement of Financial Accounting Standards No.
142, "Goodwill and Other Intangible Assets" ("SFAS 142"). Under SFAS 142, we are
no longer required to amortize goodwill and other intangible assets with
indefinite lives, but will be subject to periodic testing for impairment.
Effective January 1, 2002, we have adopted SFAS 142 and discontinued the
amortization of goodwill balances and intangible assets with indefinite useful
lives. We assessed our goodwill for impairment and will test for impairment at
least annually thereafter.

In October 2001, the FASB issued Statement of Financial Accounting Standards No.
144, "Accounting for the Impairment or Disposal of Long-Lived Assets" ("SFAS
144"). SFAS 144 establishes a single accounting model for the impairment or
disposal of long-lived assets, including discontinued operations. SFAS 144
superseded Statement of Financial Accounting Standards No. 121, "Accounting for
Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of,"
and APB Opinion No. 30, "Reporting the Results of Operations - Reporting the
Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and
Infrequently Occurring Events and Transactions." The provisions of SFAS 144 are
effective in fiscal years beginning after December 15, 2001, with early adoption
permitted, and in general are to be applied prospectively. We have adopted SFAS
144 effective January 1, 2002.

6.   RECENTLY ISSUED ACCOUNTING STANDARDS

In August 2001, the FASB issued Statement of Financial Accounting Standards No.
143, "Accounting for Obligations Associated with the Retirement of Long-Lived
Assets" ("SFAS 143"). SFAS 143 establishes accounting standards for the
recognition and measurement of an asset retirement obligation and its associated
asset cost. It also provides accounting guidance for legal obligations
associated with the retirement of tangible long-lived assets. SFAS 143 is
effective in fiscal years beginning after June 15, 2002, with early adoption
permitted. We plan to adopt SFAS 143 effective January 1, 2003. We have not
determined the effect of adopting SFAS 143 on results of operations or financial
position.

7.   DISCONTINUED OPERATIONS

As previously disclosed in Note 11 of the 2001 audited financial statements, the
Company finalized its decision to discontinue its Hungarian operation in
December 1999. As of December 31, 1999, the Company provided for estimated costs
of disposition of $1,500,000 including estimated losses of the discontinued
operations during the disposal period. The disposition was initially expected to
occur by the end of 2000. Commencing in 2001, because the Company had not
disposed of the Hungarian operations within one year, generally accepted
accounting principles require that income or loss such discontinued operations
be included in the Statement of Earnings as a component of income or loss from
continuing operations. Accordingly, a net loss of $155,000 ($0.02 per share) was
charged to expense for the period ended March 31, 2001. The Company sold its
interest in the Hungarian operations effective December 31, 2001.


                                       7
<PAGE>

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS(1)


GENERAL

We are a manufacturer and distributor of brake rotors, drums, disc brake pads,
relined brake shoes, non-asbestos friction lining, and a complete line of
hydraulic parts. We believe that we are the leading supplier of "value line"
brake parts (brake parts sold at prices significantly below those of certain
leading national brand name brake parts) to mass-market retailers, traditional
warehouse distributors and specialty undercar distributors in North America.


RESULTS OF OPERATIONS

Three Months Ended March 31, 2002 Compared To Three Months Ended March 31, 2001

Net sales for the three months ended March 31, 2002 increased $1,616,000 or
10.1% over the same quarter in 2001 to $17,644,000. The increased sales of brake
parts are consistent with the strengthening experienced throughout the
automotive aftermarket.

Gross profits for the three months ended March 31, 2002 were $3,216,000 or 18.2%
of net sales compared to $2,485,000 or 15.5% in the same period of 2001, an
increase of $731,000 or 29.5%. Approximately $400,000 of the increase is
attributable to increased sales. The remainder of the increase is primarily due
to increased efficiency and overhead absorption over 2001 levels at the
Company's manufacturing facilities.

Selling, general and administrative expenses of $2,699,000 (15.3% of net sales)
for the three months ended March 31, 2002 decreased by $104,000 when compared to
$2,802,000 (17.5% of net sales) for the same period in 2001. Increased freight
costs on shipments to customers on the higher sales volume were offset by cost
savings initiatives and other cost reduction efforts.

Other expense for the three months ended March 31, 2002 decreased $237,000 to
$365,000 from $602,000 for the same period of 2001. Interest expense decreased $
229,000 from the same period in 2001 due to the restructuring of the Finova
subordinated debt that became effective October 31, 2001 and lower interest rate
on the revolving loan indebtedness.

Net income for the three months ended March 31, 2002 was $152,000 compared to
net loss of $1,085,000 for the same period in 2001. This increase in net income
is attributed to increased sales, higher efficiencies and overhead absorption at
the Company's manufacturing facilities, reduced selling, general and
administrative expenses resulting from cost containment and reduction programs
and lower interest expense.



-----------------------------
(1) Some of the statements included in Management's Discussion and Analysis of
Financial Condition and Results of Operations, may be considered to be "forward
looking statements" since such statements relate to matters which have not yet
occurred. For example, phrases such as "the Company anticipates," "believes" or
"expects" indicate that it is possible that the event anticipated, believed or
expected may not occur. Should such event not occur, then the result, which the
Company expected, also may not occur or may occur in a different manner, which
may be more or less favorable to the Company. The Company does not undertake any
obligation to publicly release the result of any revisions to these forward
looking statements that may be made to reflect any future event or
circumstances.


                                       8
<PAGE>

LIQUIDITY AND CAPITAL RESOURCES

Net cash used in operating activities for the three months ended March 31, 2002
was $640,000 which was primarily due to (a) an accounts receivable increase of
$1,013,000 from December 31, 2001 due to seasonality and increased sales (b)
reduction in accounts payable of $ 471,000 and (c) reduction in accrued expenses
of $476,000 through the payment of rebates accrued as of December 31, 2001. The
foregoing items were partially offset by net income and non-cash items
(principally depreciation and amortization) of $438,000 and a decrease in
inventory of $ 936,000.

Net cash used in investing activities was $127,000, which is attributable
primarily to acquisition of various items of tooling, manufacturing equipment
and warehouse equipment.

Net cash used by financing activities was $63,000, consisting primarily of
reductions in borrowings under the Company's revolving credit agreement of
$368,000, scheduled payments under term and subordinated debt of $291,000,
offset by cash received by the exercise of certain of the Company's options and
warrants of $596,000.

The Company expects to continue to finance its operations through cash flow
generated from operations, borrowings under the Company's bank lines of credit
and credit from its suppliers.

Future contractual obligations of the Company are as follows:


                                       PAYMENTS DUE BY PERIOD
                      --------------------------------------------------------
CONTRACTUAL                             NEXT 12                       AFTER
OBLIGATIONS              TOTAL          MONTHS       1 -3 YEARS      4 YEARS
-----------              -----          ------       ----------      -------

Revolving loan        $18,654,226    $         0    $18,654,226    $         0
Subordinated debt     $ 1,472,210    $   292,224    $ 1,179,986    $         0
Long-term debt        $   375,166    $   224,455    $   150,711    $         0
Capital leases        $   299,855    $   134,595    $   165,260    $         0
Other long-term
obligations           $    34,712    $    21,348    $    13,364    $         0
Operating leases      $ 6,115,524    $ 1,567,218    $ 2,828,469    $ 1,719,837


SIGNIFICANT ACCOUNTING POLICIES

Our significant accounting policies are described in Note 2 to the Consolidated
Financial Statements contained in Universal Automotive Industries, Inc. (the
"Company") Annual Report on Form 10-K for the year ended December 31, 2001. The
application of these policies may require management to make judgments and
estimates about the amounts reflected in the financial statements. Management
uses historical experience and all available information to make these estimates
and judgments, and different amounts could be reported using different
assumptions and estimates.


RECENTLY ADOPTED ACCOUNTING STANDARDS

In July 2001, the FASB issued Statement of Financial Accounting Standards No.
142, "Goodwill and Other Intangible Assets" ("SFAS 142"). Under SFAS 142, we are
no longer required to amortize goodwill and other intangible assets with
indefinite lives, but will be subject to periodic testing for impairment.
Effective January 1, 2002, we have adopted SFAS 142 and discontinued the
amortization of goodwill balances and intangible assets with indefinite useful
lives. We assessed our goodwill for impairment and will test for impairment at
least annually thereafter.


                                       9
<PAGE>

In October 2001, the FASB issued Statement of Financial Accounting Standards No.
144, "Accounting for the Impairment or Disposal of Long-Lived Assets" ("SFAS
144"). SFAS 144 establishes a single accounting model for the impairment or
disposal of long-lived assets, including discontinued operations. SFAS 144
superseded Statement of Financial Accounting Standards No. 121, "Accounting for
Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of,"
and APB Opinion No. 30, "Reporting the Results of Operations - Reporting the
Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and
Infrequently Occurring Events and Transactions." The provisions of SFAS 144 are
effective in fiscal years beginning after December 15, 2001, with early adoption
permitted, and in general are to be applied prospectively. We have adopted SFAS
144 effective January 1, 2002.

RECENTLY ISSUED ACCOUNTING STANDARDS

In August 2001, the FASB issued Statement of Financial Accounting Standards No.
143, "Accounting for Obligations Associated with the Retirement of Long-Lived
Assets" ("SFAS 143"). SFAS 143 establishes accounting standards for the
recognition and measurement of an asset retirement obligation and its associated
asset cost. It also provides accounting guidance for legal obligations
associated with the retirement of tangible long-lived assets. SFAS 143 is
effective in fiscal years beginning after June 15, 2002, with early adoption
permitted. We plan to adopt SFAS 143 effective January 1, 2003. We have not
determined the effect of adopting SFAS 143 on results of operations or financial
position.


ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

The Company believes that our Company does not have significant exposure to
market risk associated with derivative financial instruments, other financial
instruments, or derivative commodity instruments. The Company had previously
utilized only limited derivative financial instruments and did not use them for
trading purposes and has never used derivative commodity instruments. At March
31, 2002, there were no such derivative instruments. The fair value of financial
instruments, other than debt instruments, closely approximates their carrying
value. Because the interest rate of the revolving loan and the term loan with
LaSalle National Bank adjusts with the changes in the market rate of interest,
the Company believes that the fair value is equivalent to the carrying value.
The Company believes that the interest rate of 7.0% on the subordinated
debenture is approximately equal to the current rate available for similar debt.
Accordingly, the fair value of this debenture approximates its carrying value.



PART II  OTHER INFORMATION

ITEMS 1 THROUGH 5 ARE NOT APPLICABLE TO THE COMPANY IN THIS REPORT.

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

a)   Exhibit 11 - Computation of Earnings Per Share
b)   The Company did not file any reports on Form 8-K during the period covered
     by this report.


                                       10
<PAGE>

                                   SIGNATURES
--------------------------------------------------------------------------------

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
and Exchange Act of 1934, the Company has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                           UNIVERSAL AUTOMOTIVE INDUSTRIES, INC.


                                 /s/ ARVIN SCOTT
                                 ---------------
Date: May 3, 2002                Arvin Scott, Chief Executive Officer, President
                                 (Principal Executive Officer)

                                 /s/ ROBERT W. ZIMMER
                                 --------------------
                                 Chief Financial Officer
                                 (Principal Financial Officer)





                                       11