Group 1 Automotive

Group 1 Automotive Schedules Release of Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, January 12, 2023
Group 1 Automotive, Fortune 500, GPI, Internet, NYSE

HOUSTON, Jan. 12, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 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, 2022 on Wednesday, January 25, 2023, before market open.

Key Points: 
  • HOUSTON, Jan. 12, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 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, 2022 on Wednesday, January 25, 2023, before market open.
  • 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:

Seattle International Auto Show Drives into Lumen Field Event Center November 10-13

Retrieved on: 
Monday, October 31, 2022
Datsun, Dongfeng Fengon E3, Citroën Traction Avant, Jaguar I-Pace, Knowledge, Group 1 Automotive, Sport utility vehicle, Dodge Hornet, Honda Integra, Rolls-Royce, EV, BMW New Six, Seattle City Light, Ford Motor Company, Hyundai, Ariya, Lumen Field, Blazer, Porsche 911 GT3, 240Z, BECU, Inca, Nissan, ID, Child, BMW, 356, Face, Hyundai Ioniq 5, GMC Hummer EV, Pass, Acura, Tacoma Public Utilities, DOD, GMC, BMW New Class, Volkswagen, McLaren, Adult, Volvo, SUV, Electric Highway, Lexus, Caricature, Verizon VIP Tour, Motor vehicle, Porsche, Polestar, Kids Zone, Dodge, Lamborghini, Cadillac, Points of the compass

SEATTLE, Oct. 31, 2022 /PRNewswire-PRWeb/ -- The Seattle International Auto Show presented by BECU, drives into Lumen Field Event Center on Thursday, Nov. 10, and runs through Sunday, Nov. 13, 2022. Attendees once again will be able to compare hundreds of the latest and greatest vehicles side by side, sit in the driver's seats, inspect engines, experience new technologies, kick tires, and check trunk space. With more than 300 of the latest model cars, trucks, SUVs, crossovers, vans, electric vehicles, hybrids and exotics on display, there's something for everyone.

Key Points: 
  • The Seattle International Auto Show features 300+ new vehicles, ultra-high-end exotic vehicles, test drives, Electric Highway, BMW Horizon Art Car, Avants Then & Now display, KIds Zone, and more
    SEATTLE, Oct. 31, 2022 /PRNewswire-PRWeb/ -- The Seattle International Auto Show presented by BECU, drives into Lumen Field Event Center on Thursday, Nov. 10, and runs through Sunday, Nov. 13, 2022.
  • After more than 10 years out of the US market, Hummer is back with the GMC Hummer EV Edition 1.
  • The Seattle International Auto Show is owned by the Washington State Auto Dealers Association, which represents the state's 300 new car and truck dealers, and is produced by Steve Freeman Events.
  • The show is open to the public Thursday, Nov. 10 through Sunday, Nov. 13 at Lumen Field Event Center, 800 Occidental Avenue South, Seattle, WA 98134.

Group 1 Automotive Schedules Release of Third Quarter 2022 Financial Results

Retrieved on: 
Monday, October 10, 2022
NYSE, Company, Group 1 Automotive, Internet

HOUSTON, Oct. 10, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI)("Group 1" or the "Company"),an international, Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2022 on Wednesday, October 26, 2022, before market open.

Key Points: 
  • HOUSTON, Oct. 10, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI)("Group 1" or the "Company"),an international, Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2022 on Wednesday, October 26, 2022, before market open.
  • Earl J. Hesterberg, Group 1's 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 Acquires BMW/MINI Franchises in Southend

Retrieved on: 
Tuesday, September 6, 2022
Security (finance), COVID-19, NYSE, Car, Group 1 Automotive, BMW, Maintenance, Sumathi Best Television Current Reporting Award, Fortune 500, U.S. Securities and Exchange Commission, Goal, Group 1, The Herb Chambers Companies, Company, United Kingdom, Annual report, Private Securities Litigation Reform Act, Acquisition, GPI, Light, Car dealership

HOUSTON, Sept. 6, 2022 /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 the expansion of its U.K. operations with the acquisition of a BMW/MINI dealership and a collision center in the town of Southend located east of London in the county of Essex.  This location is contiguous with several other existing automotive dealerships currently owned and operated by Group 1 Automotive in the U.K and increases the Company's U.K. operations to 56 dealerships (79 franchises).  This acquisition is expected to generate £70 million ($80 million) in annual revenue.

Key Points: 
  • This location is contiguous with several other existing automotive dealerships currently owned and operated by Group 1 Automotive in the U.K and increases the Company's U.K. operations to 56 dealerships (79 franchises).
  • Group 1's U.K.
  • Group 1 owns and operates 205 automotive dealerships, 275 franchises, and 48 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles.
  • Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com , www.group1auto.com , www.group1collision.com , www.acceleride.com , www.facebook.com/group1auto , and www.twitter.com/group1auto .

Group 1 Automotive Announces CEO Transition Plans

Retrieved on: 
Wednesday, August 24, 2022
Security (finance), CEO, Technology, NYSE, Car, Professional, Group 1 Automotive, Private Securities Litigation Reform Act, Financial services, Maintenance, Board, Toyota, Sumathi Best Television Current Reporting Award, The Conference Board, Non-U.S. operators of the M60 Patton, Greater Houston Partnership, Information technology, U.S. Securities and Exchange Commission, Goal, Group 1, Ford of Europe, Bourke v. Nissan Motor Co., Leadership, Earl J. Hesterberg, Board of directors, Company, ESG, Ford Motor Company, Group, Charles Kenningham, United Kingdom, Marketing, Annual report, Industry, GPI, Light, Region, Management, Friedkin Group, Gulf states, Director, Nissan, Service

HOUSTON, Aug. 24, 2022 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced that Earl J. Hesterberg, President and Chief Executive Officer will retire as CEO and from the Board of Directors, effective December 31, 2022.

Key Points: 
  • HOUSTON, Aug. 24, 2022 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced that Earl J. Hesterberg, President and Chief Executive Officer will retire as CEO and from the Board of Directors, effective December 31, 2022.
  • "The Board and I are delighted to announce Daryl as Group 1's next CEO," added Quinn.
  • He is a proven, strategic operating executive with extensive automotive experience and a deep knowledge of Group 1.
  • Hesterberg joined Group 1 in April 2005 after a 30-year career with several automotive manufacturers including Ford and Nissan.

Group 1 Automotive Appoints Mark Bridgland as U.K. Managing Director

Retrieved on: 
Wednesday, July 20, 2022
Group, Time, Group 1, Insurance, GPI, United Kingdom, Lookers, Industry, Maintenance, NYSE, Mercedes-Benz, Group 1 Automotive, Jaguar Land Rover, Ford Motor Company, Kia, Volkswagen Group, Citroën, Leadership, Car, Company, Light, Car dealership, Walter Lewis Bridgland

HOUSTON, July 20, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced the appointment of Mark Bridgland to the role of managing director for the Company's U.K. operations.

Key Points: 
  • HOUSTON, July 20, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced the appointment of Mark Bridgland to the role of managing director for the Company's U.K. operations.
  • Bridgland, age 39, most recently served as Group 1's director of operations for the Company's 55 U.K. dealerships.
  • Prior to joining Group 1, he worked for Lookers PLC and several other U.K. automotive retail businesses.
  • Group 1 CEO Earl Hesterberg commented, "Mark has spent 20 years working in the automotive industry and over the past nine years at Group 1 has been instrumental in the success of our U.K. operations.

Solid Power Appoints Seasoned Automotive Industry Executive MaryAnn Wright to Board of Directors

Retrieved on: 
Monday, July 18, 2022
Leadership, SUV, Brunswick Corporation, Group 1 Automotive, CEO, JCI, Ford Escape, GLOBE, Program, JCS, NYSE, Temperature, Collins, General manager, GPI, Group, Anne, Industry, Cell, Commercial, Ford Motor Company, Johnson Controls, Micron Technology, Johnson, Management, Electric battery, Engineering, BC

LOUISVILLE, Colo., July 18, 2022 (GLOBE NEWSWIRE) -- Solid Power, Inc. ("Solid Power") (Nasdaq: SLDP), an industry-leading developer of all-solid-state battery cells for electric vehicles, today announced its board of directors appointed MaryAnn Wright to the board, effective July 18, 2022, bringing the total number of board members to nine.

Key Points: 
  • - Wright brings to the Solid Power board extensive experience in automotive industry as well as public company, leadership and energy storage expertise
    LOUISVILLE, Colo., July 18, 2022 (GLOBE NEWSWIRE) -- Solid Power , Inc. ("Solid Power") (Nasdaq: SLDP ), an industry-leading developer of all-solid-state battery cells for electric vehicles, today announced its board of directors appointed MaryAnn Wright to the board, effective July 18, 2022, bringing the total number of board members to nine.
  • Ms. Wright brings to the Solid Power board more than 30 years experience building successful, high-performing teams, primarily in the automotive industry.
  • We are excited to welcome MaryAnn to Solid Powers board of directors, said David Jansen, Chairperson and President of Solid Power.
  • Solid Power is an industry-leading developer of all-solid-state rechargeable battery cells for electric vehicles and mobile power markets.

Kerrigan Advisors Represents Holmes Auto Family in Sale of Shreveport, Louisiana Group of Five Dealerships

Retrieved on: 
Wednesday, July 13, 2022
Finance, Aftermarket, Marketing, Automotive, Consulting, Communications, Professional Services, General Automotive, 160th Signal Brigade (United States), Sale, Jaguar Land Rover, Family, Group 1 Automotive, Organization, Blue Sky, Kerrigan, Sprinter, Time, GPI, Honda, Mercedes-Benz, NYSE, Industry, Mercedes, Car dealership, Financial services

The sale of the Holmes group marks the 160th dealership sale led by the Kerrigan Advisors team since its founding in 2015.

Key Points: 
  • The sale of the Holmes group marks the 160th dealership sale led by the Kerrigan Advisors team since its founding in 2015.
  • Holmes Auto Familys dealerships are among the highest performing dealerships in Louisiana, a success that was carefully built by the Holmes family over four generations, said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors.
  • Charlton Holmes, President of Holmes Auto Family, has served as the Chairman of the American Honda National Dealer Council and is the third generation of Holmes family members to lead the group, along with his daughter Paige Holmes, Vice President of Holmes Auto Family.
  • Kerrigan Advisors also publishes The Kerrigan Index, the only monthly report tracking the seven publicly traded auto retail companies.

HAIG PARTNERS SERVES AS EXCLUSIVE SELL-SIDE ADVISOR TO GROUP 1 AUTOMOTIVE, INC. (NYSE: GP1) ON SALE OF STERLING MCCALL HYUNDAI SOUTH LOOP IN HOUSTON, TX

Retrieved on: 
Thursday, June 23, 2022
Industry, Canadian Baptists of Atlantic Canada, NADA, View, Group 1 Automotive, LLC, Group 1, Automotive News, RV, Multimedia, NYSE, Sale, Car dealership, Financial services

Haig Partners has represented 21 of the Automotive News Top 150 Dealership Groups, more than any other advisory firm.

Key Points: 
  • Haig Partners has represented 21 of the Automotive News Top 150 Dealership Groups, more than any other advisory firm.
  • Steele is Atlantic Canada's largest auto dealership group with 55 new auto dealerships, seven used auto dealerships, three powersports dealerships and eight collision centers.
  • With the sale of Sterling McCall Hyundai South Loop, the team at Haig Partners has been involved in the purchase or sale of 79 dealerships in Texas, also more than any other advisory firm.
  • "It was an honor to represent Group 1 Automotive in the sale of Sterling McCall Hyundai South Loop in Houston.

Used Cars Market to value US$ 2 trillion by 2028, Says Global Market Insights Inc.

Retrieved on: 
Monday, April 25, 2022
Carvana, Lookers, AutoNation, EV, Documentation, Cox Automotive, Car, Asbury Automotive Group, Organization, Arnold Clark Automobiles, Urbanization, Growth, HDFC Bank, AC, Maruti Suzuki, CarMax, HEV, Maintenance, Lithia Motors, Investment, Safety, Original equipment manufacturer, USD, Industry, Group 1 Automotive, Gasoline, Torque, Car dealership, Credit, TrueCar

SELBYVILLE, Del., April 25, 2022 /PRNewswire/ -- The used cars market is expected to surpass USD 2 trillion by 2028, as reported in a research study by Global Market Insights Inc. Substantial increase in urbanization supported by vehicle ownership trends is likely to augment the industry growth.

Key Points: 
  • SELBYVILLE, Del., April 25, 2022 /PRNewswire/ --The used cars market is expected to surpass USD 2 trillion by 2028, as reported in a research study by Global Market Insights Inc .
  • Improvements in EV charging infrastructure are spurring additional investments by used car market players to provide high-quality used cars.
  • Some of the major findings of the used cars market report are:
    The used cars market is witnessing a high growth rate due to a significant increase in the availability of used cars through the integration of online portals and car vending machines.
  • The used cars market is experiencing growth owing to the surging demand for Sedan cars with increased interior space.