Group 1 Automotive

Group 1 Automotive, Inc.
Public
Traded as NYSE: GPI
S&P 600 Component
CIK: 0001031203
Industry Car dealership
Founded 1995
Headquarters Houston, TX, U.S.
Key people
 Earl J. Hesterberg (CEO)
Website www.group1auto.com

Group 1 Automotive, Inc. (NYSE: GPI) is a Fortune 500 company, founded in 1985,[1] and became public in 1997. It has its headquarters in the One Memorial City Plaza building in the Memorial City district of Houston, Texas.[2][3]

As of 2013, Group 1 became the third largest automotive retailer in the United States[4] and as of 2016 the company owns 124 dealerships in 15 states across the USA, 18 in Brazil and 35 in the UK.[5][6]

The company is led by former Ford Motor Company executive, Earl J. Hesterberg.[7]

Locations

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.

Group 1 has acquired various UK dealers in 2012 to 2016, including: Barons Group, Chandlers Group, Essex Audi Group, Elms Group, Think Ford and most recently Spire Automotive.[8][6][9]

Group 1 purchased Brazilian Automotive Group in 2013.

References

  1. ↑ "Group 1 Automotive Inc.". Wall Street Journal. Retrieved 16 January 2015.
  2. ↑ "map_mcity_lg.gif." Memorial City. Retrieved on December 8, 2009.
  3. ↑ "Contact Us." Group 1 Automotive. Retrieved on December 8, 2009.
  4. ↑ "Group 1 snaps up 3 more dealerships in the UK". Automotive News. 1 December 2014. Retrieved 16 January 2015.
  5. ↑ "Investor Relations". Group 1 Automotive. Retrieved 16 January 2015.
  6. 1 2 Automotive, Group 1. "Group 1 Automotive | New Volkswagen, Lexus, MINI, Hyundai, CADILLAC, Audi, Mazda, Mercedes-Benz, Lincoln, Kia, Buick, Toyota, Subaru, Scion, GMC, Smart, Ford, BMW, Acura, Ram, Nissan, Dodge, Jeep, Porsche, Chevrolet, Chrysler, Volvo, Honda dealership in ,". group1auto.cms.dealer.com. Retrieved 2016-07-12.
  7. ↑ "Earl Hesterberg". Forbes. Retrieved 16 January 2015.
  8. ↑ "Elms BMW and MINI dealership in Bedford sold to American company". Bedford Today. 1 December 2014. Retrieved 16 January 2015.
  9. ↑ "Group 1 announces acquisition of Spire Automotive". www.am-online.com. Retrieved 2016-07-12.
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