Group 1 Automotive, Inc. (NYSE: GPI) is an international Fortune 500 automotive retailer with automotive dealerships and collision centers in the United States, United Kingdom and Brazil. Group 1 sells new and used cars and light trucks, arranges financial services, provides maintenance and repair services, and sells vehicle parts.
The company is led by former Ford Motor Company executives, CEO Earl J. Hesterberg and CFO John C. Rickel. The company executives are SVP Peter C. DeLongchamps, SVP Darryl M. Burman, SVP Frank Grese Jr., and President of US Operations Daryl A. Kenningham
Video Group 1 Automotive
History
Group 1 was founded as a public corporation in 1997 with B. B. Hollingsworth as Chairman and CEO. The founding dealership owners were Bob Howard of Oklahoma City, Sterling McCall and Kevin Whalen of Houston, and Charles Smith of Beaumont.
Subsequent acquisitions in the USA include the Gene Messer Automotive Group, Maxwell Auto Group, Ira Motor Group, Bohn Auto Group, Pat Peck Auto Group and Miller Automotive Group. 2018 Acquisitions include two dealerships in El Paso and on 1st March 2018, Group 1 completed their acquisition of 5 Mercedes-Benz dealerships from Robinsons Motor Group. These are based in Bury St Edmunds, Cambridge, Kings Lynn, Norwich and Peterborough.
Group 1 acquired UK dealers from 2010 to 2017, including: Barons Group, Chandlers Group, Essex Audi Group, Elms Group, Think Ford, Spire Automotive and the Beadles Group.
Group 1 purchased Brazilian automotive firm UAB Motors Participacoes S.A in 2013, renaming the entity as Group 1 Automotive Brasil in 2015. Professional race car driver André Ribeiro and his family of dealerships were notable parts of this acquisition.
As of 2013, Group 1 became the third largest automotive retailer in the United States and as of 2018 the company owns 163 dealerships in 15 states across the USA, 18 in Brazil and 60 in the UK. Group 1 also operates 31 collision centers in the USA, Brazil and the UK.
In response to the Tax Cuts and Jobs Act of 2017, Group 1 issued a $500 bonus to non-management dealership personnel. CEO Earl Hesterberg noted, "This was an unusual opportunity to support the people who do the hard work without doing undue financial damage to the company."
Maps Group 1 Automotive
Locations
In the USA, Group 1 Automotive has dealerships in Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, Oklahoma, South Carolina and Texas. Their corporate headquarters is in the Memorial City district of Houston, Texas.
Philanthropy
With individual dealerships engage in local philanthropic efforts often independent from the corporate office, Group 1 supports Houston-area causes focusing on community outreach and grade school education. Employees regularly make brown bag lunches to support Kids' Meals and donated cargo vans for their meals on wheels deliveries.
The company partnered with SEARCH Homeless Services and Junior Achievement of South East Texas for events, classroom mentoring and the JA Company Program in Spring Branch ISD. Starting in November 2017, Group 1 partnered with the Houston Independent School District to reward their Teacher of the Month recipients with a new vehicle to drive for the month.
The Group 1 Foundation
The Group 1 Foundation was initially created to support employees impacted by Hurricane Katrina, closely followed by Hurricane Rita. This tax-exempt charity gives all proceeds to help fellow employees in times of hardship. Examples include supporting survivors of fatal car accidents and a fire at an employee's home.
Subsequent natural disasters like the 2013 Moore Tornado, Super Storm Sandy, and Hurricane Harvey also marked the need for the Group 1 Foundation to assist their employees.
References
External links
- Group 1 Automotive
USA Dealerships
Group 1 Dealerships in California (CA)
Group 1 Dealerships in the Los Angeles CA Market
- Mercedes-Benz of Beverly Hills
- Miller Toyota of Anaheim
Group 1 Dealerships in the San Diego CA Market
- Ford of Escondido
- Mercedes-Benz of Escondido
- Rancho CJDR
- Volkswagen of Kearny Mesa
Group 1 Dealerships in the Sacramento CA Market
- Folsom Lake Toyota
Group 1 Dealerships in Texas (TX)
Group 1 Dealerships in the Amarillo TX Market
- Gene Messer Ford Amarillo
- Gene Messer Lincoln of Amarillo
Group 1 Dealerships in the Austin TX Market
- Cedar Park Nissan
- Kia South Austin
- Maxwell Ford
- Mercedes-Benz of Georgetown
- Round Rock Nissan
- Town North Nissan
Group 1 Dealerships in the Beaumont TX Market
- BMW of Beaumont
- Mercedes-Benz of Beaumont
- Mike Smith CDJR
- Mike Smith Honda
- Mike Smith Nissan
- Volkswagen of Beaumont
Group 1 Dealerships in the El Paso TX Market
- Audi El Paso
- BMW of El Paso
- MINI of El Paso
- Shamaley Buick GMC
- Shamaley Ford
Group 1 Dealers in the Houston TX Market
- Advantage BMW Clear Lake
- Advantage BMW Midtown
- David Taylor Cadillac
- Fort Bend Toyota
- Lexus of Clear Lake
- Mercedes-Benz of Clear Lake
- Munday Chevrolet
- Munday Mazda
- South Loop Genesis
- South Loop Hyundai
- Sterling McCall Acura
- Sterling McCall Auto Group
- Sterling McCall Buick GMC
- Sterling McCall Ford
- Sterling McCall Genesis
- Sterling McCall Honda
- Sterling McCall Hyundai
- Sterling McCall Lexus
- Sterling McCall Nissan
- Sterling McCall Toyota
Group 1 Dealerships in the San Antonio TX Market
- Freedom Chevrolet
- Mercedes-Benz of Boerne
- Volkswagen of Alamo Heights
Group 1 Dealerships in the Lubbock TX Market
- Gene Messer Auto Group
- Gene Messer Chevrolet
- Gene Messer Ford Lubbock
- Gene Messer Hyundai
- Gene Messer Kia
- Gene Messer Lincoln Lubbock
- Gene Messer Toyota
- Gene Messer Volkswagen
Group 1 Dealerships in Kansas (KS)
Group 1 Dealerships in the Kansas City Market
- Baron Automotive Group
- Baron BMW
- Baron MINI
- Shawnee Mission Hyundai
- Shawnee Mission Kia
Group 1 Dealerships in Louisiana (LA)
Group 1 Dealerships in the Shreveport LA Market
- Rountree Ford
- Rountree Lincoln
Group 1 Dealerships in Oklahoma (OK)
Group 1 Dealerships in the Tulsa OK Market
- BMW of Tulsa
- South Pointe Auto Mall
- South Pointe Chevrolet
- South Pointe CJDR
- South Pointe Honda
Group 1 Dealerships in the Oklahoma City Market
- Bob Howard Acura
- Bob Howard Auto Group
- Bob Howard Buick GMC
- Bob Howard Chevrolet
- Bob Howard CJDR
- Bob Howard Honda
- Bob Howard Hyundai
- Bob Howard Nissan
- Bob Howard PDC
- Bob Howard Toyota
- Smicklas Chevrolet
Group 1 National Websites in the USA
- Group 1 Auto
- Group 1 Careers
- Group 1 Corps
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
- ^ "Car Dealership Locations - Group 1 Automotive". www.group1auto.com. Retrieved 2018-04-20.
Source of article : Wikipedia
0 Comments