Group 1

Group 1 is an automotive dealership firm that sells new and used cars, light trucks, vehicle parts and vehicle financing services. Read more

1,632 Followers on Owler
1,632 Followers on Owler
1,632 Followers on Owler
1,632 Followers on Owler

Group 1

Group 1 is an automotive dealership firm that sells new and used cars, light trucks, vehicle parts and vehicle financing services. Read more

Earl J. Hesterberg's photo - President & CEO of Group 1

President & CEO

Earl J. Hesterberg

CEO Approval Rating

74/100

Founded:

1997

Status:

PublicIndependent CompanyNYSEGPI

GROUP 1 TOP COMPETITORS OR ALTERNATIVES

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Penske Automotive is a top competitor of Group 1. Penske Automotive was founded in Bloomfield Hills, Michigan} in 1990. Penske Automotive competes in the Automobile Dealers, Service providers, Online Platforms industry. Compared to Group 1, Penske Automotive generates $10B more revenue.

CarMax is Group 1's #2 competitor. CarMax is headquartered in Richmond, Virginia, and was founded in 1993. CarMax competes in the Automobile Dealers, Service providers, Online Platforms field. CarMax generates 169% the revenue of Group 1.

AutoNation has been one of Group 1's top competitors. AutoNation is a Public company that was founded in 1996 in Fort Lauderdale, Florida. Like Group 1, AutoNation also competes in the Automobile Dealers, Service providers, Online Platforms industry. Compared to Group 1, AutoNation has 7,030 more employees.

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Group 1 Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$11.2B

Group 1's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 11.5B. Over the last four quarters, Group 1's revenue has grown by 41.2%. Specifically, in Q1 2021's revenue was $3B; in Q4 2020, it was $3B; in Q3 2020, it was $3B; in Q2 2020, Group 1's revenue was $2.1B.

Group 1 Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Beadles Group Ltd.

Jul 2017

Source »
undisclosed
Beadles is an automotive dealer that operates as a chain of motor retail and customer service centers for buying new and used cars.
Spire Automotive Limited

Feb 2016

Source »
undisclosed
Spire Automotive is an online marketplace that offers new and used cars and after sales services.
Kia of South Austin

May 2014

Source »
undisclosed
-

-

Heller Ford and Heller Hyundai, Homer Heller Automotive Group

Jan 2014

Source »
undisclosed
-

-

Jay Automotive Group, Inc.

Dec 2013

Source »
undisclosed
-

These are all the companies that Group 1 has acquired. Group 1 has acquired 6 companies and its latest acquisition was Beadles Group Ltd. in Jul 2017. Beadles is an automotive dealer that operates as a chain of motor retail and customer service centers for buying new and used cars.

Group 1 Funding History

Since Group 1 was founded in 1997, it has participated in 2 rounds of funding. In total Group 1 has raised $607.6M. Group 1's last funding round was on Aug 2020 for a total of $550.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$550M
-
IPO
Oct 1997
$57.6M

Since Group 1 was founded in 1997, it has participated in 2 rounds of funding. In total Group 1 has raised $607.6M. Group 1's last funding round was on Aug 2020 for a total of $550.0M

Group 1 Investments

No recent investments found related to Group 1

These are all the companies that Group 1 has invested in. Group 1 has invested 6 companies and its latest investment was Beadles Group Ltd. in Jul 2017. Beadles is an automotive dealer that operates as a chain of motor retail and customer service centers for buying new and used cars.

Group 1 News

March 16, 2021Automotive News Europe

Prime completes sale of 2 Toyota stores to Group 1

Group 1 CEO Earl Hesterberg said last month the nation's fourth-largest dealership group planned to b... See more »
March 16, 2021MarketScreener

Acquires Two Toyota Dealerships in Massachusetts

(marketscreener.com) HOUSTON, March 16, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. , , an internat... See more »
March 1, 2021Markets Insider

Group 1 Automotive Appoints New Board Member to Board of Directors

HOUSTON, March 1, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ('Group 1' or the 'Compa... See more »
February 4, 2021NewsOk

4Q Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported fourth-quarter profit of $100.1 mil... See more »
January 15, 2021Fleet News

Group 1 Automotive renews remarketing deal with BCA

Group 1 Automotive has renewed its exclusive remarketing deal with BCA to support its used car progra... See more »
November 18, 2020MarketScreener

Declares Quarterly Cash Dividend

(marketscreener.com) HOUSTON, Nov. 18, 2020 /PRNewswire/ -- Group 1 Automotive, Inc. , , an internati... See more »
October 29, 2020NewsOk

3Q Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported third-quarter net income of $126.4 ... See more »

Group 1 Blogs

July 4, 2017Group 1 Blog

New Nissan Rogue Sport Richardson TX 75080

Nissan Rogue Sport SVSmooth gearshifts are achieved thanks to the 2 liter 4 cylinder engine, providin... See more »
July 4, 2017Group 1 Blog

New Audi A4 Allroad North Miami FL 33181

Audi A4 Allroad Premium PlusIntroducing the 2017 Audi allroad. This 4 door, 5 passenger wagon is read... See more »
July 3, 2017Group 1 Blog

Used Ford Explorer Atlanta GA 30341

Ford Explorer 4WD 4dr XLTDiscerning drivers will appreciate the 2013 Ford Explorer. A 3.5 liter V-6 e... See more »
July 3, 2017Group 1 Blog

Used Chevrolet Express 3500 San Antonio TX 78249

Chevrolet Express 3500 LTGet excited about the 2016 Chevrolet Express 3500. Smooth gearshifts are ach... See more »
July 3, 2017Group 1 Blog

Used Dodge Journey R/T Merriam KS 66202

Dodge Journey R/T Camera - Heated Seats - Moonroof - 3rd RowCome test drive this 2009 Dodge Journey. ... See more »
July 3, 2017Group 1 Blog

Used Lincoln Navigator Richardson TX 75080

Lincoln Navigator BaseHere's a great deal on a 2001 LINCOLN Navigator. A 5.4 liter V-8 engine pairs w... See more »
July 3, 2017Group 1 Blog

Used GMC Yukon Kennesaw GA 30144

GMC Yukon SLTTake command of the road in the 2015 GMC Yukon. Smooth gearshifts are achieved thanks to... See more »

Group 1 Press Releases

March 3, 2020PR Newswire

Group 1 Automotive Announces Redemption of All Outstanding 5.250% Senior Notes Due 2023

HOUSTON, March 3, 2020 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortun... See more »
February 18, 2020centralcharts

Group 1 Automotive Increases Share Repurchase Authorization by $52.4 Million to $100 Million

Group 1 Automotive Increases Share Repurchase Authorization by $52.4 Million to $100 Million Board In... See more »
July 25, 2019centralcharts

Group 1 Automotive Announces Second Quarter 2019 Financial Results

HOUSTON, July 25, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Compa... See more »
April 25, 2019PR Newswire

Group 1 Automotive Announces First Quarter 2019 Financial Results

HOUSTON, April 25, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Comp... See more »
April 5, 2019centralcharts

Group 1 Automotive Schedules 2019 First Quarter Earnings Release, Conference Call and Webcast

Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announ... See more »
April 4, 2019StreetInsider

Group 1 Automotive Schedules 2019 First Quarter Earnings Release, Conference Call and Webcast

Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announ... See more »
April 2, 2019PR Newswire

Group 1 Automotive to Present at the Bank of America Merrill Lynch 2019 Auto Summit in New York City

HOUSTON, April 2, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Compa... See more »

Group 1 Videos

Social Media

Group 1 Headquarters

800 Gessner Suite 500

Houston, Texas77024

713-647-5700

Driving Directions »

Trending Companies

Group 1 Summary

ABOUT

Overview

Group 1 Automotive, Inc. which trades as NYSE: GPI is one of the largest automotive retailers across the world. It has its headquarters in Houston, Texas. The company owns collision centers and automotive dealerships in the U.S., the U.K., and Brazil....

CEO

Group 1's President & CEO, Earl J. Hesterberg, currently has an approval rating of 74%. Group 1's primary competitors are Penske Automotive, CarMax & AutoNation.

Website

group1auto.com

Frequently Asked Questions about Group 1

  1. When was Group 1 founded?

    Group 1 was founded in 1997
  2. Who is Group 1's CEO?

    Group 1's CEO is Earl J. Hesterberg
  3. How much revenue does Group 1 generate?

    Group 1 generates $11.2B in revenue
  4. How much funding does Group 1 have?

    Group 1 has historically raised $607.6M in funding
  1. Where is Group 1's headquarters?

    Group 1's headquarters is in Houston Texas, USA
  2. How many employees does Group 1 have?

    Group 1 has 14,570 employees
  3. What sector does Group 1 operate in?

    Group 1 is in Automobile Dealers, Service providers, Online Platforms
  4. Who are Group 1's competitors?

    Group 1's top competitors are Penske Automotive, CarMax, AutoNation