Group 1 Automotive, Inc. NYSE: GPI is a Fortune 500 company, founded in 1997. It has its headquarters in the One Memorial City Plaza building in the Memorial City district of Houston, Texas.[1][2]
It is one of the five largest automotive retailers in the United States with 143 dealerships in 14 states. Led by former Ford Motor company executive, Earl Hesterberg, 53, Group 1 Automotive has seen a record stock performance in 2006. Group 1 has focused acquisitions on Toyota, Honda, BMW, Mercedes Benz, Lexus and Acura franchises.
Group 1 Automotive has dealerships in Alabama, California, Florida, Georgia, South Carolina, Louisiana, Massachusetts, Mississippi, Missouri, New Jersey, New Hampshire, New York, New Mexico, Oklahoma and Texas.
