BNET Industries
Group 1 Automotive Inc. (GPI) is in the Auto Industry
- Revenue
- Dec 31 2007
- $6.3B
- Profit
- Dec 31 2007
- $67.9M
- Market Cap
- Jul 22 2008
- $422.4M
Latest News and Analysis
Group 1 Automotive Q1 2008 Earnings Call Transcript
Group 1 Automotive Q1 2008 Earnings Call Transcript
Group 1 Automotive Inc. Q4 2007 Earnings Call Transcript
Group 1 Automotive Inc. Q4 2007 Earnings Call Transcript
Additional Resources
Group 1 Automotive Schedules 2008 Second-Quarter Earnings Release and Conference Call
HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that it will release financial results for the second quarter ended June 30, 2008, on Tuesday, July 29, before market open. Earl J. Hesterberg, Group 1's president and chief executive officer, and the company's senior management...
Zacks Bull and Bear of the Day Highlights: EOG Resources, PMI Group, Group 1 Automotive, Advanced Analogic Technologies and School Specialty
CHICAGO -- Zacks Equity Research highlights EOG Resources (NYSE: EOG) as the Bull of the Day and PMI Group (NYSE: PMI) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Group 1 Automotive (NYSE: GPI), Advanced Analogic Technologies (Nasdaq: AATI) and School Specialty, Inc. (Nasdaq:...
Tulsa-based Dollar Thrifty announces new chief financial officer
Scott L. Thompson has joined Dollar Thrifty Automotive Group Inc. as senior executive vice president and chief financial officer. Thompson was executive vice president and chief financial officer with Houston-based Group 1 Automotive for 10 years. Reporting to Gary L. Paxton, Tulsa-based Dollar Thrifty...
Dollar Thrifty Automotive Group Announces New Chief Financial Officer
TULSA, Okla., May 28 /PRNewswire-FirstCall/ -- Dollar Thrifty Automotive Group, Inc. today announced that Scott L. Thompson has joined the Company as Senior Executive Vice President and Chief Financial Officer effective May 23, 2008. Thompson brings considerable executive leadership and more than 25 years of senior management experience...
Group 1 Automotive Declares Quarterly Cash Dividend
HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that its board of directors approved a quarterly cash dividend of $0.14 per share payable on June 16, 2008, to stockholders of record on June 2, 2008. About Group 1 Automotive, Inc. ...
Group 1 Automotive Stockholders Re-Elect Two Board Members
Lataif and Quinn to Serve Additional Terms HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that stockholders re-elected directors Louis E. Lataif and Stephen D. Quinn to additional three-year terms at today's annual stockholders' meeting. Lataif, 69, has served as...
Mich. stores merge under Project Genesis.(News)(Project Genesis and Chrysler L.L.C. into dealership)(Toyota Motor Sales U.S.A. Inc. Lexus Div. and Toyota Motor Corp. into dealerships)(Group 1 Automotive)
Project Genesis has made its mark in Grand Rapids, Mich., with the consolidation of a Dodge dealership and a Chrysler-Jeep store. Betten Auto Group, owner of Courtesy Dodge, has acquired Highland Chrysler-Jeep a block away and merged the stores at the Courtesy site. ...
DiabetesAmerica™ Signs Contract with Group 1 Automotive, Inc. to Provide Comprehensive Diabetes Management Program
HOUSTON -- DiabetesAmerica DA, the premier network of diabetes care and management centers across the state of Texas, announced today that they have partnered with Group 1 Automotive, Inc., a leading automotive retailer, to provide employees with a unique approach to diabetes management. The Houston-based, Fortune 500 company...
Annapolis dealership acquired
Group 1 Automotive Inc., of Houston, one of the largest automotive retailers in the United States, announced that it has acquired Tate BMW/MINI in Annapolis for an undisclosed amount. The acquisition is expected to generate $73 million in estimated annual revenue, according to the Texas company. Group1 said it purchased...
Group 1 Automotive Acquires BMW/MINI Dealership in Annapolis, Maryland
Continued Expansion of Import/Luxury Brand Mix HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today reported it acquired Tate BMW/MINI in Annapolis, Md., which is expected to generate $73.0 million in estimated annual revenues. Located in the fast-growing Baltimore-Washington, D.C. metropolitan area,...
Key to managing floorplan costs: Be realistic.(Finance & insurance)
Byline: Jim Henry Managing inventory and floorplan expenses in a downturn is a core dealership skill, since now more than ever no one wants to get caught with unsold cars racking up interest charges. "Anybody in the new-car business is...
Group 1 Automotive Reports First-Quarter 2008 Financial Results
Continued Growth in Parts and Service and F&I HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today reported net income for the first quarter ended March 31, 2008, of $16.4 million, or $0.73 per diluted share. This compares to net income of $17.4 million,...
Group 1 Automotive Schedules 2008 First-Quarter Earnings Release and Conference Call
HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that it will release financial results for the first quarter ended March 31, 2008, on Tuesday, April 29, before market open. Earl J. Hesterberg, Group 1's president and chief executive officer, and the company's senior management...
Group 1 renews service, parts emphasis.(Service & Parts)(Group 1 Automotive Inc.)(Interview)(Brief article)
Byline: Donna Harris Group 1 Automotive Inc., the nation's fourth-largest dealership group, is placing greater emphasis on service and parts operations at its 104 dealerships this year to weather a downturn in new-vehicle sales. Randy Callison, the Houston company's...
Personnel.(People)(Brief article)
GROUP 1 AUTOMOTIVE INC. - Lee Mitchell, 38, to vice president of financial services. He had been director of financial services. Group 1, of Houston, owns 104 dealerships and 26 collision service centers in the United States and the United Kingdom. ...
Gulf States trial halted.(News)(Gulf States Toyota Inc.)
Byline: Lindsay Chappell Last week a courtroom clash of automotive titans - distributor Gulf States Toyota Inc. and the large dealership chain Group 1 Automotive Inc. - was finally under way in Houston after 11/2 years of legal maneuvering. ...
Group 1 Automotive to Present at Sidoti Institutional Investor Forum
HOUSTON -- Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that executive management will present at the Sidoti & Company's Twelfth Annual New York Emerging Growth Institutional Investor Forum. The presentation will provide an overview of Group 1's fourth-quarter financial results, as well as its outlook...
Progressive Following on Group 1 Automotive Inc.
M2 PRESSWIRE-14 March 2008-FINANCIALS: Progressive Following on Group 1 Automotive IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:14032008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have...
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- Incorporated: 1995
- CEO: Mr. Earl J. Hesterberg Jr.
- Employees: 8,932
Group 1 Automotive is engaged in the automotive retail industry. As of Dec 31 2007, Co. owned and operated 142 franchises at 104 dealership locations and 26 collision centers. Through its operating subsidiaries, Co. markets and sells a range of automotive products and services including new and used vehicles and related financing, vehicle maintenance and repair services, replacement parts, and warranty, insurance and extended service contracts. Co.'s operations are mainly located in metropolitan areas in Alabama, California, Florida, Georgia, Kansas, Louisiana, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, Oklahoma, South Carolina and Texas.
Key Competitors
Group 1 Automotive Inc. Company Info
Board of Directors
Mr. John L. Adams
Non-Executive Chairman
Ms. Beryl Raff
Mr. Max P. Watson Jr.
Mr. Earl J. Hesterberg Jr.
Mr. Robert E. Howard II
Mr. Louis E. Lataif
Mr. Stephen D. Quinn
Mr. J. Terry Strange
Contact Information
950 Echo Lane
Suite 100
Houston, TX
713 647-5700
