Group 1 Automotive

Group 1 Automotive Schedules Release of First Quarter 2024 Financial Results

Retrieved on: 
Friday, April 12, 2024
Internet, GPI, Group 1 Automotive

HOUSTON, April 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced that it will release financial results for the first quarter ended March 31, 2024 on Wednesday, April 24, 2024, before the market opens.

Key Points: 
  • HOUSTON, April 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced that it will release financial results for the first quarter ended March 31, 2024 on Wednesday, April 24, 2024, before the market opens.
  • Daryl Kenningham, Group 1's President and Chief Executive Officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 9:00 a.m.
  • A copy of the Company's presentation will also be made available at http://www.group1corp.com/company-presentations .
  • The conference call will also be available live by dialing in 10 minutes prior to the start of the call at:

Kerrigan Advisors Represents RRR Automotive Group in Sale to Group 1 Automotive

Retrieved on: 
Tuesday, February 13, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Automotive, Consulting, Professional Services, General Automotive, Business, Group 1 Automotive, Toyota, Investment, Sale, GDP, Responsibility, PLLC, GPI, Kerrigan, Capital Plaza, Mid-Atlantic (United States), Kia, Environment, Cryptocurrency

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automotive Group in the sale of its five new car dealerships, including the #1 and #2 volume Honda dealerships in the state of Maryland, to Houston, Texas-based Group 1 Automotive (NYSE: GPI).

Key Points: 
  • Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automotive Group in the sale of its five new car dealerships, including the #1 and #2 volume Honda dealerships in the state of Maryland, to Houston, Texas-based Group 1 Automotive (NYSE: GPI).
  • This transaction underscores Kerrigan Advisors’ industry-leading track record selling the most valuable auto retailers nationwide and marks the 50th franchise sale in the region completed by the firm since 2020.
  • RRR Automotive Group, founded by Dick Patterson and Robert Hisaoka in the 1990s, is one of the most valuable import groups in the Mid-Atlantic.
  • RRR Automotive Group has served its community for over 27 years through its guiding principles - Reliable, Responsible and Respectful.

Group 1 Automotive Schedules Release of Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, January 16, 2024
GPI, Internet, Fortune 500, Group 1 Automotive

HOUSTON, Jan. 16, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 199 dealerships located in the U.S. and U.K., today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023 on Wednesday, January 31, 2024, before the market opens.

Key Points: 
  • HOUSTON, Jan. 16, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 199 dealerships located in the U.S. and U.K., today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023 on Wednesday, January 31, 2024, before the market opens.
  • Daryl Kenningham, Group 1's president and chief executive officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 10:00 a.m.
  • A copy of the Company's presentation will also be made available at http://www.group1corp.com/company-presentations .
  • The conference call will also be available live by dialing in 10 minutes prior to the start of the call at:

Group 1 Automotive Schedules Release of Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 9, 2023
Fortune 500, Internet, NYSE, Group 1 Automotive, GPI

HOUSTON, Oct. 9, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023, before the market opens.

Key Points: 
  • HOUSTON, Oct. 9, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023, before the market opens.
  • Daryl Kenningham, Group 1's president and chief executive officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 9:00 a.m.
  • A copy of the Company's presentation will also be made available at http://www.group1corp.com/company-presentations .
  • The conference call will also be available live by dialing in 10 minutes prior to the start of the call at:

Houston Texans' Jalen Pitre (#5) Launches Fundraising Campaign for Kids' Meals

Retrieved on: 
Tuesday, September 5, 2023
Last meal, Montgomery County, Texas, Child, Group 1 Automotive, Food, Hunger, Houston Texans, Kid, Toy

HOUSTON, Sept. 5, 2023 /PRNewswire/ -- Kids' Meals Inc., a local nonprofit that delivers free, healthy meals to preschool-aged children in the Houston area, is proud to announce an exciting campaign with Houston Texans player Jalen Pitre and Group 1 Automotive, Inc., an international Fortune 300 automotive retailer headquartered in Houston. The Feed Five More or 5X campaign is fueled by a shared commitment to address childhood hunger in the Houston area.

Key Points: 
  • HOUSTON, Sept. 5, 2023 /PRNewswire/ -- Kids' Meals Inc., a local nonprofit that delivers free, healthy meals to preschool-aged children in the Houston area, is proud to announce an exciting campaign with Houston Texans player Jalen Pitre and Group 1 Automotive, Inc., an international Fortune 300 automotive retailer headquartered in Houston.
  • The 5X campaign raises money through donations in increments of $5 to provide meals to children facing food insecurity.
  • For every $10 raised, Kids' Meals can provide five extra meals to children who need them the most.
  • "I understand the importance of teamwork and collaboration on and off the field," said Houston Texans safety Jalen Pitre.

ZT Corporate Appoints Operating Partner of its Automotive Portfolio, ZT Motors

Retrieved on: 
Tuesday, September 5, 2023
General Automotive, Professional Services, Automotive, Finance, Operating partner, Group 1 Automotive, ZT, Multimedia, Engine, Chicago Bridge & Iron Company, Investment, Growth, Transport

ZT Corporate , a private equity firm that specializes in healthcare and automotive investments, today announced it has appointed Zeeshan Shaikh as Operating Partner.

Key Points: 
  • ZT Corporate , a private equity firm that specializes in healthcare and automotive investments, today announced it has appointed Zeeshan Shaikh as Operating Partner.
  • View the full release here: https://www.businesswire.com/news/home/20230905748626/en/
    Zeeshan Shaikh, Operating Partner of ZT Corporate’s automotive portfolio entity, ZT Motors (Photo: Business Wire)
    “We’re embarking on an exciting new era and structure for ZT Motors, and welcoming Zeeshan to the team is a critical piece of our strategy,” said Taseer Badar, Chairman and CEO of ZT Corporate and CEO of ZT Motors.
  • “After Zeeshan’s joining ZT Corporate, I have assumed the active role of CEO of ZT Motors and will be fully involved in our automotive business plan alongside Zeeshan.
  • Earlier this year, ZT Corporate announced a liquidity event for its investors through a strategic management buyout of ZT Motors.

The Presidio Group Advises Group 1 Automotive on the Sale of Nissan of Mobile

Retrieved on: 
Thursday, August 3, 2023
Finance, Automotive, General Automotive, Public Relations, Investor Relations, Banking, Communications, Business, Professional Services, Other Automotive, Group 1 Automotive, Presidio, Group 1, Appetite, Sale, GPI, Kia, Acquisition, Investment, Transport, NYSE, Financial services, Gulf Coast of the United States, Nissan, Subaru, Daphne

The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Group 1 Automotive Inc. (NYSE: GPI) on the sale of Nissan of Mobile in Mobile, Ala., to Tameron Gulf Coast, a dealership group in Daphne, Ala.

Key Points: 
  • The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Group 1 Automotive Inc. (NYSE: GPI) on the sale of Nissan of Mobile in Mobile, Ala., to Tameron Gulf Coast, a dealership group in Daphne, Ala.
    For Tameron Gulf Coast, the acquisition of Nissan of Mobile gives it a sixth dealership along the popular and growing Gulf Coast.
  • Tameron already owned a Subaru store in Mobile; Honda, Buick-GMC and Chrysler-Dodge-Jeep-Ram-Fiat dealerships in Daphne; and a Kia store in nearby D’Iberville, Miss.
  • “It has been an honor to help Group 1 Automotive execute this important transaction,” said Alex Watterson, managing director of The Presidio Group.
  • “We are so pleased to help Group 1 and Tameron Gulf Coast execute this important deal.”
    The Presidio Group provided exclusive M&A advisory services to Group 1 Automotive through its wholly owned investment bank, Presidio Merchant Partners LLC.

Group 1 Automotive Schedules Release of Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, July 11, 2023
GPI, Internet, NYSE, Group 1 Automotive, Fortune 500

HOUSTON, July 11, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. and U.K., today announced that it will release financial results for the second quarter ended June 30, 2023 on Wednesday, July 26, 2023, before the market opens.

Key Points: 
  • HOUSTON, July 11, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. and U.K., today announced that it will release financial results for the second quarter ended June 30, 2023 on Wednesday, July 26, 2023, before the market opens.
  • Daryl Kenningham, Group 1's president and chief executive officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 9:00 a.m.
  • A copy of the Company's presentation will also be made available at http://www.group1corp.com/company-presentations .
  • The conference call will also be available live by dialing in 10 minutes prior to the start of the call at:

Kerrigan Advisors Represents Beck & Masten Auto Group in Sale of Houston Area Kia Dealership to Group 1 Automotive

Retrieved on: 
Wednesday, June 7, 2023
Automotive, Finance, Marketing, Advertising, Communications, Professional Services, Business, Other Automotive, Small Business, Other Professional Services, Beck, GMC, Group 1 Automotive, Partnership, Automotive Executive of the Year Award, Kerrigan, Buick, Sale, Toyota, GPI, Subaru, Acquisition, Hyundai, Honda, Map, Blue Sky, Pleasure, United, 187th Infantry Regiment (United States), Accessories Council Excellence Awards, NYSE, Car dealership, Video game, Financial services, Kia

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in the sale of Beck & Masten Kia to Houston, Texas-based Group 1 Automotive (NYSE: GPI).

Key Points: 
  • Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in the sale of Beck & Masten Kia to Houston, Texas-based Group 1 Automotive (NYSE: GPI).
  • This marks the 187th dealership sale transaction led by Kerrigan Advisors since 2015, and 11th Kia dealership sold.
  • Beck & Masten Kia is ideally located in Tomball, a northwest Houston suburb adjacent to the fast-growing and affluent Woodlands area.
  • “The success of Kia in greater Houston shows how the area has grown, along with the value of the franchise,” said James Masten, co-owner of Beck & Masten Auto Group.

How Quick and Easy Is It to Schedule Service for Your Car? Top Auto Dealer Groups Ranked

Retrieved on: 
Monday, June 5, 2023
General Automotive, Aftermarket, Automotive, Berkshire Hathaway, Group 1 Automotive, STE, Kendall D. Garff, Group 1, PSI, AutoNation, Multimedia, Lexus, Pied Piper of Hamelin, Herb Chambers, Hyundai, Transport, Piper, Jeep, Ganley, Land Rover, Automotive industry, Retail, Car dealership, Real estate, Music, Sewage treatment, Penske Corporation, Walter Napleton Stone, Acura, Audi, Suburb

“The auto industry has long focused on the experience of customers who bring their vehicle in for service, but what really happens leading up to the appointment?

Key Points: 
  • “The auto industry has long focused on the experience of customers who bring their vehicle in for service, but what really happens leading up to the appointment?
  • STE fills-in that gap.”
    The study was completed between January 2023 and May 2023, when Pied Piper phoned each of the 1,739 dealerships owned by the seventeen largest auto dealer groups, posing as a service customer attempting to schedule a service appointment.
  • 62% of the total score is determined by efficiency measurements, while 38% of the total score is determined by quality measurements.
  • An auto dealer’s relationship with a service customer typically starts with a customer phone call to schedule a service appointment.