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Group 1 Automotive Inc. has completed the acquisition of Jay Automotive Group, which operates six franchises in Columbus, Ga.
Read More →Group1 Automotive acquired BMW, MINI and Cadillac dealerships in Arlington, Texas, from Moritz Dealerships.
Read More →Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.
Read More →First-quarter net income was up 26.5 percent for the dealer group, while total gross profit grew 15.4 percent on 18 percent higher revenues.
Read More →The automotive retailer acquired four Ford dealerships in the United Kingdom. They will operate under the “think Ford” brand name.
Read More →Group 1 posted a 46 percent increase in its third-quarter profit behind rising new-car sales and record-setting F&I penetration.
Read More →F&I performance helped both dealer groups realize strong profit gains in the second quarter, with Group 1 realizing another record-setting quarter in finance and insurance.
Read More →A suite of ExxonMobil automotive lubricant products is slated to be featured at Group 1 dealerships throughout the U.S.
Read More →Group 1 Automotive Inc. set new records for total gross profit, as well as first-quarter revenue and F&I gross profit per vehicle sold.
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Connecting F&I to the digital world was the talk at the annual dealer and lender conventions last month, and opinions varied on what the F&I office of the future will look like.
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