GPI news

Group 1 Automotive reported Q3 2026 total revenues of $5.4 billion and diluted earnings per share of $8.59, driven by significant growth in customer pay revenues and a successful completion of a major dealership acquisition.

Group 1 Automotive has signed a Purchase and Sale Agreement to acquire assets and operations of unspecified private dealerships. This deal is part of the company's strategy to expand its franchise network.

Group 1 Automotive announced a $1.25 billion offering of senior unsecured notes due 2032 and 2035, intended to fund its acquisition of certain dealership assets from Hennessy Automobile Companies and provide working capital.

Group 1 Automotive reported Q2 2026 financial results, with diluted earnings per share decreasing year-over-year due to consumer affordability issues. The company affirmed its long-term strategic initiatives, including acquisitions and expense reductions.

Group 1 Automotive announced it will release its second quarter 2026 financial results on Thursday, July 30, 2026. The company will host a live conference call to discuss the anticipated earnings data.

Group 1 Automotive announced Daniel McHenry, currently CFO, will lead its UK operations effective May 19, 2026, while retaining his CFO role. The appointment reflects the company's succession planning strategy as McHenry replaces departing UK head Mark Raban after two years.