Group 1 Automotive Inc - Company Profile
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Group 1 Automotive Inc (Group 1 Automotive) is an automotive retailer that specializes in the sale of new and used cars and light trucks. It also offers related services such as financing, service, and insurance contracts. It also provides automotive maintenance and repair services and sells vehicle parts through its franchises, dealership locations and collision centers. The company trades and sells various brands including Mercedes-Benz, BMW, Honda, Ford, Audi, Jeep, KIA, GM, Sprinter, Buick, Dodge, Toyota, Acura, Ram, Genesis, Hyundai, Nissan, Chevrolet, Volkswagen, Jaguar, Volvo and Land Rover. The company operates a network of automotive dealerships and related services across the United States, the United Kingdom, and Brazil. Group 1 Automotive is headquartered in Houston, Texas, the US.
Group 1 Automotive Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
Used Cars | Vehicle Financing |
Automotive Parts | Automotive Maintenance |
Light Trucks | Finance and Insurance |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In April, Group 1 Automotive UK announced its plans to acquire UK retail operations from Inchcape for US$431.43 million. |
2024 | Acquisitions/Mergers/Takeovers | In March, the company acquired Modern Classic Motors in Hilton Head, South Carolina, the US. |
2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired Newport Lexus and Tustin Lexus in Orange County, California, the US. |
Competitor Comparison
Key Parameters | Group 1 Automotive Inc | Lithia Motors Inc | Penske Automotive Group Inc | AutoNation Inc | Asbury Automotive Group Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Houston | Medford | Bloomfield Hills | Fort Lauderdale | Duluth |
State/Province | Texas | Oregon | Michigan | Florida | Georgia |
No. of Employees | 16,011 | 27,446 | 28,000 | 25,300 | 15,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Daryl Kenningham | Chief Executive Officer; Director; President | Executive Board | 2023 | - |
Daniel J. McHenry | Senior Vice President; Chief Financial Officer | Senior Management | 2020 | 47 |
Shelley Washburn | Vice President - Marketing; Chief Marketing Officer | Senior Management | 2024 | - |
Gillian Hobson | Senior Vice President; Corporate Secretary; Chief Legal Officer | Senior Management | 2023 | - |
Edward McKissic | Senior Vice President; Chief Diversity Officer; Chief Human Resources Officer | Senior Management | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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