TSLA418.0502.17%
GM81.750-0.93%
F16.005-0.625%
RIVN16.9760.0262%
CYD57.000-0.79%
HMC26.4950.255%
TM180.070-2.85%
CVNA65.305-5.695%
PAG171.5401.1%
LAD294.7401.22%
AN190.1951.175%
GPI308.360-3.15%
ABG187.9301.31%
SAH83.9600.09%
TSLA418.0502.17%
GM81.750-0.93%
F16.005-0.625%
RIVN16.9760.0262%
CYD57.000-0.79%
HMC26.4950.255%
TM180.070-2.85%
CVNA65.305-5.695%
PAG171.5401.1%
LAD294.7401.22%
AN190.1951.175%
GPI308.360-3.15%
ABG187.9301.31%
SAH83.9600.09%
TSLA418.0502.17%
GM81.750-0.93%
F16.005-0.625%
RIVN16.9760.0262%
CYD57.000-0.79%
HMC26.4950.255%
TM180.070-2.85%
CVNA65.305-5.695%
PAG171.5401.1%
LAD294.7401.22%
AN190.1951.175%
GPI308.360-3.15%
ABG187.9301.31%
SAH83.9600.09%


Group 1 Automotive

Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Articles Headlines
Group 1 Automotive

Group 1 Automotive breaks records in Q4 of 2022

- January 27, 2023
In contrast to other automotive retail statistics, Group 1 Automotive published strong performance numbers in the fourth quarter of 2022, after wrapping up one of its strongest years on record. Group...
Articles Headlines
Group 1

Group 1 Automotive CEO Earl Hesterberg to retire at the end of 2022

- August 25, 2022
Group 1 Automotive Inc. has announced CEO Earl Hesterberg will retire at the end of this year. According to a statement made on Wednesday, Hesterberg will be succeeded by Daryl...
Headlines Articles
automotive

CBT automotive newscast: August 25, 2022

- August 25, 2022
 Inside Automotive: Dealer Andy Wright weighs in on OEM direct-to-consumer selling models We are hearing even more buzz surrounding the direct-to-consumer model that EV makers and some of the top OEMs are...
Daily Newscast
mergers and acquisitions

Dealership mergers and acquisitions keep going strong in July

- August 5, 2022
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July was a hot month for dealership...
Daily Automotive News Articles
Group 1

Group 1 Automotive Q2 revenues increase 14.3% compared to 2021

- July 28, 2022
Group 1 Automotive also reported its second quarterly earnings despite chain supply problems and inventory shortages. The total revenue for Q2 that Group 1 reported is $4.1 billion, a 14.3%...
Articles Headlines
Group1

Group 1 Automotive buys 3 more dealerships and 1 collision center in Louisiana

- July 14, 2022
Group 1 Automotive, one of the nation's largest automotive retailers, acquired three dealerships and a collision center located in Shreveport, Louisiana. The dealerships, including Mercedes-Benz, Sprinter, Land Rover, Jaguar, and...
Articles Mergers & Acquisitions Tracker

Group 1 Automotive revenue soars in Q1

- April 28, 2022
Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net income for the quarter reached $202.9...
Articles Headlines
Todd Skelton

Former CEO Todd Skelton reflects on his career at Prime Automotive after Group 1 acquisition

- January 28, 2022
In the final quarter of 2021, Group 1 Automotive closed a deal to acquire nearly all of Prime Automotive’s assets. As we ushered in a new year and former executives...
Management & Leadership Daily Automotive News

Dealership M&A activity reaching feverish pace in third quarter

- October 20, 2021
For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the ability to continue generating for the...
Daily Automotive News Articles

Latest Articles

Ford expands mobile service push as new recall sends customers back to dealerships
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Cox Automotive completes Fullpath acquisition,
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Vehicle buying experience rebounds in May
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Why more drivers are choosing hybrids over EVs
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Eco Auto is turning the used EV market into a franchise opportunity
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CBT News Placeholder
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Podium’s Ross Tinkham urges dealers to adopt AI as speed-to-lead gaps widen

Gas prices jump as Iran halts talks with U.S., threatens to close Strait of Hormuz. President Donald Trump says he can wait them out.
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Gas prices jump as Iran halts talks with U.S., threatens to close Strait of Hormuz

SBA will host its second 2026 Supplier Matchmaking Expo June 5 in Detroit, connecting small suppliers with major buyers.
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SBA, General Motors to co-host Supplier Matchmaking Expo in Detroit [registrations open]


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