Group 1 Automotive, Inc.

Houston, TX United States

  (NYSE: GPI)

Company Description

Group 1 Automotive is only one in a group of firms (AutoNation and Penske Automotive Group are the largest) striving to consolidate US auto sales. The company owns and operates about 125 franchises at about 95 dealerships, as well as about 20 collision service centers in about 15 US states. More than half of Group 1's dealerships are located in Texas, Oklahoma, and California. Group 1 Automotive also has several dealerships in the UK. The company's dealerships offer new (about 55% of sales) and used cars and light trucks under more than 30 different brands. It also offers financing, provides maintenance and repair services, and sells replacement parts.