AI Prospecting for Group 1 Automotive
Company data:
Company size:
160111 employeesWebsite URL:
https://www.group1auto.comIndustry
Automotive RetailHeadquarters:
Houston, Texas, USAInvestment round:
Publicly Traded (NYSE: GPI)ARR:
$17 billionLatest news about Group 1 Automotive
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Group 1 Automotive reported Q3 2024 financial results with record revenues of $5.2 billion, up 11% year-over-year, and record gross profit of $852.7 million. The company acquired 58 U.K. dealerships, including Inchcape Retail, expected to generate $3 billion in annual revenues, despite a 27% drop in net income to $117.1 million due to higher expenses[2][3][4].
Group 1 Automotive's board approved a new $500 million share repurchase authorization and declared a quarterly dividend of $0.47 per share, reflecting a 4% increase in the annual dividend rate to $1.88 for 2024. The company also upsized its revolving syndicated credit facility to $2.5 billion[1][5].
Group 1 Automotive announced the acquisition of a BMW/MINI dealership in the U.K. in October 2024, expected to generate approximately $125 million in annual revenues. The company also disposed of a California dealership generating $65 million in annual revenues, bringing year-to-date disposed revenues to $400 million[2].
Open job positions at Group 1 Automotive
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
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