Group 1 Automotive, Inc.
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About
Group 1 Automotive, Inc. operates as an international automotive retailer with operations in the United States and United Kingdom. Headquartered in Houston, Texas, the company owns and operates automotive dealerships representing 35 different brands, along with collision centers. The business is organized into three segments: U.S. retail operations, U.K. retail operations, and U.S. wholesale vehicle auctions conducted through its subsidiary, NextGear Capital. Group 1's dealerships offer new and used vehicles, arrange vehicle financing and insurance, provide maintenance and repair services, and sell replacement parts. The company represents both volume and premium brands including Toyota, BMW, Mercedes-Benz, Honda, Ford, and Nissan among others. As one of the largest automotive retailers in the world, Group 1 operates approximately 200 dealerships and 50 collision centers across 16 states in the U.S. and over 50 locations in the U.K. The company generates annual revenues exceeding $14 billion and employs more than 17,000 people. Recent strategic initiatives include accelerating its digital transformation through the AcceleRide platform, which enables online vehicle purchasing and service scheduling. The company has also expanded its aftersales capabilities and continues to optimize its dealership portfolio through strategic acquisitions and divestitures in key metropolitan markets.