TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%


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

STL launches ‘Neuralis’ in the US: A high-performance Data Center portfolio engineered for the AI era
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STL launches ‘Neuralis’ in the US: A high-performance Data Center portfolio engineered for the AI era
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GM leans on global supply, VW ends U.S. EV output, March sales surge tightens inventory

GM leans on global production to supply U.S. market amid cost pressures
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GM leans on global production to supply U.S. market amid cost pressures

Volkswagen ends U.S. EV output, triggering $600 million financial hit 
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Volkswagen ends U.S. EV output, triggering $600 million financial hit 

March sales surge tightens inventory, affordability gaps persist
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March sales surge tightens inventory, affordability gaps persist

Independent shops are gaining ground, but dealerships retain advantages in expertise, loyalty, and digital tools: New CDK Service Shopper 5.0 survey shows
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Independent shops gain ground as dealerships face mounting pressure

2026 Genesis G90 black edition: Luxury with a performance edge
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$99M John Deere settlement accelerates high-stakes right to repair movement
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$99M John Deere settlement accelerates high-stakes right to repair movement

TrueCar achieves profitability and calls for a new standard in automotive pricing
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TrueCar achieves profitability and calls for a new standard in automotive pricing

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
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Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 


CBT News
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