Group 1 Automotive, Inc.

Last price update: 25 Apr 24 23:00 GMT

Price:
$300.46
Open:
$295.52
Previous close:
$299.71
Day's range:
$286.81 - $300.98
Year's range:
$214.25 - $310.08
Net Income per Share:
42.76
Price-to-Earnings ratio:
7.03
52-week Price Range:
$272.07
Volume:
$241,823.00
Average volume:
$152,033.00

Company profile for Group 1 Automotive, Inc.

Group 1 Automotive, Inc. logo

Group 1 Automotive, Inc. is a leading global automotive retailer and is one of the largest in the United States. The automotive retail industry has provided Group 1 with the opportunity to grow into a publically traded company that consistently ranks as one of the top publically traded automotive retailers. As of July 11, 2022, the company has grown to operate 204 automotive dealerships, 273 franchises, and 47 collision centers and offers 35 brands of automobiles.

Group 1 Automotive, Inc. was founded in 1995 by CEO Earl J. Hesterberg to provide customers with a quality dealership experience. Since then, Group 1 has become a leader in the automotive industry. The company strategically chose the states of Texas, California, and Florida to launch the venture and expand its operations. Today, the group operates in 17 states in the United States and 35 towns in the United Kingdom.

The company’s mission is simple: to offer customers the best possible experience when it comes to buying, servicing, and financing their vehicles. To that end, Group 1 has made strategic investments in its technology and processes to ensure each customer experience is as efficient and enjoyable as possible. Through the latest in automotive technology, Group 1 is able to provide customers with an immersive shopping experience and access to a wide range of vehicles in their own local area.

Group 1 Automotive, Inc. has achieved many successes in the past 25 years. In 2020, the company was honored as one of Forbes America’s Best Midsize Employers for the first time, recognizing Group 1 for its commitment to providing employees with a great workplace culture. In the same year, Group 1 earned the Automotive News’ PACE Award, recognizing the company’s commitment to delivering quality service and offering innovative products.

Group 1 is continuing to expand, and the company is actively seeking new partnerships and acquisitions. In July 2022, the company announced a partnership with Vroom, an online platform for selling used cars. This partnership is intended to expand Group 1’s online presence and increase its digital footprint. The company is also actively seeking other partnerships and acquisitions to continually improve its offerings and services to customers.

Group 1 Automotive, Inc. is dedicated to providing quality products and services to its customers while achieving success in the industry. As the company looks to the future, it is committed to continuing to provide customers with the best possible experience when it comes to buying, servicing, and financing their vehicles.

Stock exchanges:
NYSE
Sector:
Consumer Cyclical
Industries:
Auto & Truck Dealerships
Ticker:
GPI
CIK:
0001031203
ISIN:
US3989051095
Website:
https://www.group1auto.com
Phone:
713 647 5700
Origin:
United States
Employees:
13,711