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Group 1 Automotive

#2572

Rank

$5.2B

Marketcap

US United States

Country

Group 1 Automotive
Leadership team

Mr. Earl J. Hesterberg Jr. (CEO & Exec. Director)

Mr. Daryl Adam Kenningham (Pres, COO & Director)

Mr. Daniel James McHenry (Sr. VP & CFO)

Products/ Services
Automotive, Retail, Sales
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1997
Company Registration
SEC CIK number: 0001031203
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
GPI
Social Media
Overview
Location
Summary
Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services. It operates primarily in 17 states in the United States; and 35 towns in the United Kingdom. As of September 6, 2022, the company owned and operated 205 automotive dealerships, 275 franchises, and 48 collision centers that offer 35 brands of automobiles. Group 1 Automotive, Inc. was incorporated in 1995 and is based in Houston, Texas.
History

Group 1 was founded as a public corporation in 1997 with B. B. Hollingsworth as Chairman and CEO. The founding dealership owners were Bob Howard of Oklahoma City, Sterling McCall, Kevin Whalen of Houston, and Charles Smith of Beaumont.Subsequent acquisitions in the US include the Gene Messer Automotive Group, Maxwell Auto Group, Ira Motor Group, Bohn Auto Group, Pat Peck Auto Group, Miller Automotive Group among many others. These are based in Bury St Edmunds, Cambridge, Kings Lynn, Norwich, and Peterborough. In 2021, Group 1 completed its largest acquisition, the Prime Automotive Group, consisting of 28 dealerships in the northeast U.S.Group 1 also acquired dealer groups in the U.K. including: Barons Group, Chandlers Group, Essex Audi Group, Elms Group, Think Ford, Spire Automotive, Robinsons Motor Group, and the Beadles Group. Group 1 purchased the Brazilian automotive dealership group UAB Motors Participacoes S.A. in 2013 and operated as Group 1 Automotive Brazil. Professional race car driver André Ribeiro and his family of dealerships were notable parts of this acquisition. Group 1 divested its Brazilian operations in 2022. As of 2021, Group 1 is ranked as the fourth largest automotive retailer in the United States, operating 202 dealerships and representing brands such as BMW, Volkswagen, Ford, Toyota, Audi, Mercedes-Benz, Honda, Chrysler, Dodge, Jeep, Ram, GMC, Nissan, Land Rover, Acura, Buick, Chevrolet, and Lexus among many others. Group 1 also operates 44 collision centers in the U.S. and the U.K.

Mission
Our mission is to: Deliver an outstanding customer experience, Create long-term relationships with our customers, Achieve an excellent return on our shareholders' investment.
Vision
Our vision is to remain the partner of choice for the highest quality automotive brands and to be the dealer group that all other dealers hold in high regard for delivering value through: unparalleled customer service, demonstrating respect for every individual, providing a supportive working environment, and staying prudent with our financial decisions
Key Team

Mr. Peter C. DeLongchamps (Sr. VP of Manufacturer Relations, Financial Services & Public Affairs)

Sheila Roth (Head of Investor Relations)

Mr. Frank Grese Jr. (Sr. VP of Training, Operations Support & Employee Communications)

Mr. Darryl Michael Burman (Sr. VP & Gen. Counsel)

Mr. Lincoln da Cunha Pereira Filho (Director)

Mr. Edward McKissic (Sr. VP, Chief HR Officer & Chief Diversity Officer)

Mr. Matthew E. McGovern (Chief Financial Officer of Northeast Region)

Recognition and Awards
Group 1 has been honored with numerous awards, including being added to the Russell 3000®, Russell 2000®, and S&P Small Cap 600® indexes, named one of the Top 125 Training Organizations by Training Magazine and a 2018 Elite Dealer by Automotive News.
References

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Group 1 Automotive
Leadership team

Mr. Earl J. Hesterberg Jr. (CEO & Exec. Director)

Mr. Daryl Adam Kenningham (Pres, COO & Director)

Mr. Daniel James McHenry (Sr. VP & CFO)

Products/ Services
Automotive, Retail, Sales
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1997
Company Registration
SEC CIK number: 0001031203
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
GPI
Social Media