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Group 1 Automotive
(Public)
Automotive - Motor Vehicles - Parts
5,000 - 10,000
employees
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0
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Overview
Houston-based
Group 1 Automotive, Inc.
, a Fortune 500 automotive retailer, is a leading operator in the $1 trillion automotive retailing industry. Since its initial public offering in October 1997,
Group 1
has grown to become one of the top five dealership groups in the United States. The company has achieved this success through the execution of a strategy that emphasizes geographic and brand diversity, interrelated revenue streams, operational efficiencies and the prudent deployment of capital. Group 1 owns and operates 102 dealerships, 140 franchises and 28 collision service centers in the United States and three dealerships, six franchises and two collision centers in the United Kingdom that offer 32 brands of automobiles. Through its dealerships, the company sells new and used cars and light trucks; arranges related financing, vehicle service and insurance contracts; provides maintenance and repair services; and sells replacement parts.
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