Tuesday Feb 25
Group 1 Automotive to Present at the KeyBanc Capital Markets 2014 Consumer Conference
Information contained on this page is provided by an independent third-party content provider.
Group 1 warns weather will dent 1st-quarter sales, profits
Group 1 Automotive Inc., citing severe winter weather that has forced stores to close and showroom traffic to decline, warned Tuesday that its first-quarter earnings will come in lower than expected.
Group 1 Automotive Reports on Impact from Severe Winter Weather on U.S. Operations
The severe weather that has impacted large portions of the U.S. this winter has caused significant business interruptions that span 1-3 days per weather event for a majority of Group 1's U.S. dealerships.
Public retailers scout for U.S. stores
Public retailers Group 1 Automotive Inc. and Asbury Automotive Group see opportunities to buy more U.S. dealerships this year and are wasting no time getting started.
Group 1 Automotive Declares A Quarterly Cash Dividend
Group 1 Automotive, Inc. , an international, Fortune 500 automotive retailer, today announced that its board of directors declared a cash dividend of About Group 1 Automotive, Inc. Group 1 owns and operates 150 automotive dealerships , 190 franchises, and 37 collision centers in that offer 34 brands of automobiles.
Dealer reserve caps catch on
The notion of capping dealer reserve and documenting exceptions as a way for auto dealers and lenders to avoid possible allegations of discrimination is gaining industry acceptance.
Public group F&I results hit high note in Q4
Group 1 Automotive's U.S. operations set a record with average F&I revenue per vehicle retailed of $1,418 in the fourth quarter, an increase of 9 percent from the same period a year ago.