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Group 1 Automotive has experienced mixed results in recent years, but management is making big moves and further upside is expected. The company recently acquired 54 dealership locations in the UK, bringing in $2.7 billion in revenue and increasing its exposure in the country. The UK automotive market is rebounding, and Group 1 Automotive's acquisitions position it well for growth in the hot ma...
54 Dealership Locations in the United Kingdom HOUSTON , April 15, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced it has entered into a definitive agreement to acquire the U.K. automotive retailing business and related owned real estate from a subsidiary ...
HOUSTON , April 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced that it will release financial results for the first quarter ended March 31, 2024 on Wednesday, April 24, 2024, before the market opens. Daryl Kenningham, Group 1's President and Chief Exe...
Expected to Generate $140 Million in Annual Revenues 2024 Year-To-Date Acquired Annual Revenues of $1.0 Billion HOUSTON , March 11, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina. T...
Expected Annual Revenues of $350 Million The Company Also Provides a Share Repurchase Update HOUSTON , Feb. 26, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international Fortune 300 automotive retailer with 200 dealerships located in the U.S. and U.K., today announced the acquisition of Newport Lexus and Tustin Lexus, two high performing Lexus deal...
COLLEGE PARK, Md.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automotive Group in the sale of its five new car dealerships, including the #1 and #2 volume Honda dealerships in the state of Maryland, to Houston, Texas-based Group 1 Automotive (NYSE: GPI). This trans...
- Expected Annual Revenues of $500 Million - Increases 2024 Annual Dividend Rate by 4% HOUSTON , Feb. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international Fortune 300 automotive retailer with 198 dealerships located in the U.S. and U.K., today announced the expansion of its U.S. portfolio in the greater Baltimore/Washingt...
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