Welcome to our dedicated page for Group 1 Automotive news (Ticker: GPI), a resource for investors and traders seeking the latest updates and insights on Group 1 Automotive stock.
News and updates for Group 1 Automotive, Inc. (NYSE: GPI) focus on its role as a Fortune 250 automotive retailer operating dealerships, franchises, and collision centers in the United States and the United Kingdom. As an operator of more than 250 dealerships and over 300 franchises offering 36 brands of automobiles, the company regularly issues news on financial performance, network expansion, and portfolio optimization.
Investors following GPI news will see recurring coverage of quarterly and annual financial results, where Group 1 reports revenues, gross profit, net income from continuing operations, and key performance metrics across new vehicle sales, used vehicle sales, parts and service, and finance and insurance (F&I). Earnings releases often discuss same-store performance, non-GAAP measures such as adjusted net income and adjusted diluted earnings per share, and constant currency analysis.
Company news also highlights acquisitions and dispositions of dealerships, including high-volume and luxury brand locations, expected annual revenues from acquired stores, and closures or sales of underperforming points. Updates on U.K. restructuring, workforce realignment, and facility closures are disclosed, along with impairment and restructuring charges tied to the U.K. reporting unit.
Additional news topics include share repurchase activity, changes to share repurchase authorizations, and cash dividend declarations by the board of directors. Group 1 also issues announcements about executive appointments, such as the naming of a Senior Vice President and Chief Human Resources Officer, and about facility investments like dealership renovations. For ongoing insight into GPI’s operations, capital allocation, and strategic moves, this news feed aggregates the company’s press releases and related market communications.
Group 1 Automotive (NYSE: GPI) has successfully acquired Mercedes-Benz of Buckhead in Atlanta from Gregory and Juanita Baranco, with The Presidio Group serving as exclusive advisor. The transaction, completed on August 4, 2025, includes all dealership real estate.
The acquisition represents a strategic expansion for Group 1 in a premium market, with the dealership being one of Atlanta's top luxury automobile retailers and situated near Mercedes-Benz USA's headquarters. The Baranco family will maintain operations at Mercedes-Benz of Covington in Louisiana, while their daughter Grené Baranco will operate a newly awarded Audi dealership in Cumming, GA.
This deal marks Presidio's sixth transaction since June, signaling a strong recovery in dealership M&A activity after a slower start to 2025.
Group 1 Automotive (NYSE: GPI) has announced the acquisition of Mercedes-Benz of Buckhead in Atlanta, Georgia, expanding its Southeastern U.S. presence to 29 dealerships. The high-performing luxury dealership is expected to generate $210 million in annual revenues.
This acquisition adds to Group 1's portfolio of 33 Mercedes-Benz dealerships across the U.S. and U.K. The company has acquired an estimated $640 million in annual revenues in 2025, following $3.9 billion of acquired revenues in 2024. Group 1 currently operates 259 automotive dealerships, 324 franchises, and 39 collision centers across both countries.
Group 1 Automotive (NYSE: GPI) announced the completion of a major renovation of its Lexus of Albuquerque dealership. The 20-month, multi-million dollar project includes a state-of-the-art facility featuring double the service bays (from 16 to 32) and over 17,000 square feet of additional space for parts and service.
The modernized facility includes new features such as speed doors, air-conditioned service drive-up, solar-powered lot lighting, and EV chargers. The dealership plans to expand its service technician team from 21 to 30 staff members. Additionally, the company will make a $10,000 donation to Girls on the Run charity as part of the grand reopening celebration scheduled for July 29, 2025.
Group 1 Automotive (NYSE: GPI) reported record second quarter 2025 results, with total revenues reaching $5.7 billion, up 21.4% year-over-year, and gross profit of $935.8 million, increasing 22.1%. The company achieved adjusted diluted earnings per share from continuing operations of $11.52, a 17.5% increase from the prior year.
Key operational highlights include strong parts and service performance with gross profit up 27.1% to $402.8 million, and customer pay same-store revenue growth exceeding 13.6% in both U.S. and U.K. markets. During Q2, Group 1 acquired three U.S. dealerships expected to generate $330 million in annual revenues and completed strategic dispositions. The company also repurchased 114,918 shares for $44.5 million.
Group 1 Automotive (NYSE:GPI) announced a $250,000 donation to the Community Foundation of the Texas Hill Country to support relief and rebuilding efforts following the historic July 4, 2025, flood in Central Texas. The company has also pledged an additional $50,000 in matching funds for employee donations.
The donation will be directed to The Kerr County Flood Relief Fund, supporting rescue efforts and flood assistance in Hunt, Ingram, Kerrville, Center Point, and Comfort communities. Group 1 maintains a significant presence in Texas with 53 dealerships and approximately 6,000 employees across the state.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced it will release its second quarter 2025 financial results on Thursday, July 24, 2025, before market opening. The company will host a conference call at 10:00 a.m. ET with CEO Daryl Kenningham and senior management to discuss the results.
Group 1 operates 259 dealerships across the U.S. and U.K., encompassing 330 franchises and 39 collision centers. The company offers 36 automobile brands and provides services including new and used vehicle sales, financing arrangements, service contracts, maintenance, repairs, and parts sales through its dealerships and omni-channel platform.
Group 1 Automotive (NYSE: GPI) has announced the acquisition of three luxury dealerships in Florida and Texas, expected to generate $330 million in annual revenues. The expansion includes a Lexus and an Acura dealership in Fort Myers, Florida, and a Mercedes-Benz dealership in South Austin, Texas. These additions expand Group 1's presence to three dealerships in Fort Myers and eight in the Austin area.
The company also provided an update on its share repurchase program, having bought back 401,649 shares at an average price of $416.62, totaling $167.3 million year-to-date through May 19, 2025. Group 1 has acquired approximately $430 million in annual revenues in 2025, following $3.9 billion of acquired revenues in 2024.