Group 1 Automotive Inc
Company Profile
Business description
As of October, Group 1 owns and operates 44 collision centers and 260 automotive dealerships in the us and the UK, offering 35 brands of automobiles altogether. About 150 of the stores are in the us with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 38% of new-vehicle unit volume in 2023 and the UK about 19%. Texas, Oklahoma, and Massachusetts combined was 53%. Revenue in 2023 totaled $17.9 billion. The August, Inchcape UK deal adds about $2.7 billion of annual revenue and 54 stores to bring the UK store count to 114. Group 1 was founded in 1995 and is based in Houston.
Contact
800 Gessner
Suite 500
HoustonTX77024
USAT: +1 713 647-5700
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto & Truck Dealerships
Fiscal Year End
31 December 2024
Employees
16,011
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