September 5, 2017 - Industry News
A preliminary assessment by Houston-based Group 1 Automotive found that employees were able to protect most of the company’s inventory in its Houston and Beaumont, Texas, stores from the devastating effects of Hurricane Harvey.
Tags: disaster relief, Group 1 Automotive, Hurricane Harvey, Natural Disaster
May 3, 2017 - Industry News
Not even another strong performance in U.S. new-vehicle margins, a record quarter in the group's U.K. market, and a profitable quarter in Brazil were enough to offset "extreme weakness" in Group 1's energy price-impacted markets.
Tags: F&I profit, Group 1 Automotive, new-vehicle sales, used-vehicle sales
February 14, 2017 - Industry News
For the year, the nation’s third largest dealer group grew its U.S. F&I per-copy average by $129 from the prior year to $1,644. Company officials, however, tell investors and equity research analysts ‘not to model anything higher.’
Tags: F&I manager, F&I products, Group 1 Automotive, PVR
October 26, 2016 - Industry News
Margin over volume was the message coming out of Group 1 Automotive during its third-quarter earnings call. The dealer group reported that a sharp decline in unit sales offset improved new-vehicle margins, as well as gains in F&I and parts and service.
Tags: Financial Report, Group 1 Automotive, Third Quarter
April 28, 2016 - Industry News
The dealer group's U.S. F&I operations increased its per-copy average by $26 to a record $1,564. Including operations in the United Kingdom and Brazil, the group's consolidated average increased 0.7% to $1,385.
Tags: Financial Report, First Quarter, Group 1 Automotive
February 16, 2016 - Industry News
Group 1 Automotive's U.S. F&I operations realized a 4% increase in F&I profit per retail unit, with the group's per-copy average settling in at $1,525 in 2015's end-of-year quarter.
Tags: F&I manager, F&I products, Group 1 Automotive, PRU, PVR
December 10, 2013 - Industry News
Group 1 Automotive Inc. has completed the acquisition of Jay Automotive Group, which operates six franchises in Columbus, Ga.
Tags: Acquisition, Earl J. Hesterberg, Group 1 Automotive, Jay Automotive Group
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