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About the company
Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts retail and wholesale. The Company owns and operates approximately 206 automotive dealerships, 270 franchises, and 42 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide, and wholesale used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.
- Revenue in USD (TTM)18.21bn
- Net income in USD576.60m
- Incorporated1995
- Employees16.01k
- LocationGroup 1 Automotive Inc800 GESSNER ROAD, SUITE 500HOUSTON 77024United StatesUSA
- Phone+1 (713) 647-5700
- Fax+1 (916) 443-1908
- Websitehttps://www.group1auto.com/
Mergers & acquisitions
Acquired company | GPI:NYQ since announced | Transaction value |
---|---|---|
Modern Classic Motors Inc-Dealership | 17.61% | -- |
Newport Lexus | 16.33% | -- |
RRR Automotive LLC | 11.78% | -- |