Group 1 Automotive Announces Promotion of Bob Andersen to Vice President, Corporate Development and Pre-Owned Operations
In this expanded role, Andersen will lead Group 1's
"Bob has consistently demonstrated strong leadership, sharp strategic insight, and a deep understanding of our business," said
Andersen will be supported by Group 1's Corporate Development, Transactions, and Real Estate team, which brings together expertise in deal strategy, pipeline development, financial diligence, valuation, transaction execution, real estate coordination, and cross-functional partnership. The team-based approach supports Group 1's ability to evaluate opportunities with discipline and navigate transactions effectively.
"Acquisitions continue to play an important role in Group 1's long-term growth strategy," said Andersen. "Our focus is on scaling in our existing regional markets where we can further leverage the Group 1 brand, while also evaluating new markets that bring meaningful opportunity. Group 1 offers sellers a strong path forward by aligning their local presence with enterprise-grade innovation and tailwinds."
Since 2004, Group 1 has grown total revenue from
ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 Automotive, Inc. is a leading automotive retailer with dealerships and collision centers in the United States and United Kingdom. Through its dealerships, Group 1 offers new and used vehicle sales, financing, service, parts, and collision repair. The company is committed to delivering exceptional customer experiences while supporting the people and communities it serves.
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SOURCE Group 1 Automotive, Inc.