Group 1 Automotive Inc. Resources | BNET
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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

Additional Resources

  • 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...

    Articles 2008-05-28

  • 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. ...

    Articles 2008-05-22

  • 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...

    Articles 2008-05-22

  • 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. ...

    Articles 2008-05-12

  • 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...

    Articles 2008-05-09

  • 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...

    Articles 2008-05-07

  • 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,...

    Articles 2008-05-05

  • 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...

    Articles 2008-05-05

  • 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,...

    Articles 2008-04-29

  • 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...

    Articles 2008-04-10

  • 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...

    Articles 2008-04-07

  • 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. ...

    Articles 2008-04-07

  • 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. ...

    Articles 2008-03-24

  • 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...

    Articles 2008-03-20

  • 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...

    Articles 2008-03-14

  • 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

http://www.group1auto.com

713 647-5700

NAICS Code

New Car Dealers: 441110