STOCK TITAN

Group 1 Automotive, Inc. - GPI STOCK NEWS

Welcome to our dedicated news page for Group 1 Automotive (Ticker: GPI), a resource for investors and traders seeking the latest updates and insights on Group 1 Automotive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Group 1 Automotive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Group 1 Automotive's position in the market.

Rhea-AI Summary
Group 1 Automotive, Inc. (NYSE: GPI) appoints Shelley Washburn as Vice President, Marketing and Chief Marketing Officer, bringing over 30 years of automotive marketing and retail experience. Washburn's diverse background includes positions at Ford Motor Company, Gulf State Toyota, and MSX International, as well as serving on the board of the Texas Department of Motor Vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
Tags
management
-
Rhea-AI Summary
Group 1 Automotive, Inc. (NYSE: GPI) Announces 20% Increase in Quarterly Dividend and Share Repurchase Update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
buyback dividends
-
Rhea-AI Summary
Group 1 Automotive reports record quarterly revenues of $4.7 billion, a 13.0% increase over the prior year. Parts and Service revenues reach all-time high for 10th consecutive quarter, a 10.0% increase. Current quarter diluted earnings per common share from continuing operations of $11.67 and record current quarter adjusted diluted earnings per common share from continuing operations of $12.07.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
Tags
Rhea-AI Summary
Group 1 Automotive to release Q3 2023 financial results on October 25, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
Tags
-
Rhea-AI Summary
Group 1 Automotive Inc. (NYSE: GPI) expands Alabama footprint with Tameron Gulf Coast acquisition of Nissan of Mobile, aiming to leverage its name and brand along the growing Gulf Coast. The transaction demonstrates the ongoing strength of the dealership buy-sell market, with Presidio facilitating the deal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
Rhea-AI Summary
Group 1 Automotive increases stock repurchase authorization by $153.7 million and declares quarterly dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
buyback dividends
Rhea-AI Summary
Group 1 Automotive, Inc. (NYSE: GPI) reported record financial results for the second quarter of 2023, with total revenues of $4.6 billion and all-time quarterly record new vehicle revenues. The company also saw a 21.2% increase in new vehicle revenues and an 11.8% increase in parts and service revenues compared to the prior year period. Despite a decrease in net income and diluted earnings per common share, the company's acquisition of new dealerships is expected to generate significant annual revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.22%
Tags
Group 1 Automotive, Inc.

NYSE:GPI

GPI Rankings

GPI Stock Data

3.97B
13.05M
2.49%
106.15%
15.96%
New Car Dealers
Retail Trade
Link
United States of America
HOUSTON

About GPI

group one corp is an insurance company located in 1536 i st, bedford, indiana, united states.