Puneet Varma (Editor)

Group 1 Automotive

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public

Website
  
www.group1auto.com

Industry
  
Car dealership

Founded
  
1995

Group 1 Automotive picturesdealercomggroup1auto1518ed3e2e296ef7

Traded as
  
NYSE: GPI S&P 600 Component CIK: 0001031203

Key people
  
Earl J. Hesterberg (CEO)

Stock price
  
GPI (NYSE) US$ 75.36 +0.36 (+0.48%)10 Mar, 3:52 PM GMT-5 - Disclaimer

Headquarters
  
Houston, Texas, United States

CEO
  
Earl J. Hesterberg Jr. (9 Apr 2005–)

Subsidiaries
  
Ira Automotive Group LLC, Shawnee Mission Kia

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

Contents

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

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

Earl hesterberg pres ceo group 1 automotive mccombs 2016 economic forecast houston


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.

Group 1 purchased Brazilian Automotive Group in 2013.

References

Group 1 Automotive Wikipedia