Group 1 Automotive
 | |
| Public | |
| Traded as |
NYSE: GPI CIK: 0001031203 |
| Industry | Car dealership |
| Founded | 1995 |
| Headquarters | Houston, TX, U.S. |
Key people | Earl J. Hesterberg (CEO) |
| Website | www.group1auto.com |
Group 1 Automotive, Inc. (NYSE: GPI) is a Fortune 500 company, founded in 1985,[1] and became public in 1997. It has its headquarters in the One Memorial City Plaza building in the Memorial City district of Houston, Texas.[2][3]
As of 2013, Group 1 became the third largest automotive retailer in the United States[4] and as of 2014 the company owns 116 dealerships in 15 states, 17 in Brazil and 17 in the UK.[5]
The company is led by former Ford Motor Company executive, Earl J. Hesterberg.[6]
Locations
Group 1 Automotive has dealerships in Alabama, California, Florida, Georgia, South Carolina, Louisiana, Massachusetts, Mississippi, Missouri, New Jersey, New Hampshire, New York, New Mexico, Oklahoma, and Texas.
Group 1 has acquired various UK dealers in 2012 to 2014.[7] Group 1 purchased Brazilian Automotive Group in 2013.
References
- ↑ "Group 1 Automotive Inc.". Wall Street Journal. Retrieved 16 January 2015.
- ↑ "map_mcity_lg.gif." Memorial City. Retrieved on December 8, 2009.
- ↑ "Contact Us." Group 1 Automotive. Retrieved on December 8, 2009.
- ↑ "Group 1 snaps up 3 more dealerships in the UK". Automotive News. 1 December 2014. Retrieved 16 January 2015.
- ↑ "Investor Relations". Group 1 Automotive. Retrieved 16 January 2015.
- ↑ "Earl Hesterberg". Forbes. Retrieved 16 January 2015.
- ↑ "Elms BMW and MINI dealership in Bedford sold to American company". Bedford Today. 1 December 2014. Retrieved 16 January 2015.
