Group 1 Automotive operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. The company was founded in 1995 and is based in Houston, Texas.
Group 1 Automotive, Inc. (GPI) Q2 2020 Earnings Conference Call July 30, 2020 10:00 AM ET Company Participants Pete DeLongchamps - SVP of Manufacturer Relations, Financial Services and Public Affairs Earl Hesterberg - President and Chief Executive Officer; Daryl Kenningham - President of U.S. and Brazilian Operations John Rickel -...
Investors and car-buyers have gravitated toward online platforms. But for investors, at least, the better deals are still at the lot. Why investors should take AutoNation, Group 1, and CarMax out for a spin.
Moody's Investors Service, Inc. ("Moody's") today affirmed the ratings of Group 1 Automotive, Inc. ("Group 1") including the Ba1 corporate family rating. "The outlook change to stable reflects the effectiveness of Group 1's strategy and execution as it has dealt with decreased revenues across the board due to the coronavirus, with the end result operating income is actually higher for the first half of 2020 compared to prior year despite a 19% drop in revenue," stated Moody's Vice President Charlie O'Shea.