Group 1 Automotive, Inc. · Houston, TX United States ·(NYSE: GPI)
Company Description
Phone: 713-647-5700
Fax: 713-647-5858
Rankings
- #428 in FORTUNE 500
- S&P 600
View Group 1 Automotive, Inc. Locations On A US Map
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Group 1 Automotive is only one in a group of firms (AutoNation and Penske Automotive Group are the largest) striving to consolidate US auto sales. The company owns and operates about 130 franchises at approximately 100 dealerships, as well as about 25 collision service centers in more than a dozen states. Group 1 Automotive also has a handful of franchises in the UK. The company's dealerships offer new (60% of sales) and used cars and light trucks under more than 30 different brands. It also offers financing, provides maintenance and repair services, and sells replacement parts. To read the full description, subscribe now.
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Key Group 1 Automotive, Inc. Financials
| Company Type | Public - NYSE: GPI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5,654.1 |
| 2008 Employees | 7,687 |
Group 1 Automotive, Inc. Executives
23 executives listed for Group 1 Automotive, Inc.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | John Adams | Network |
| President, CEO, and Director | Earl Hesterberg | Network |
| SVP and CFO | John Rickel | Network |
Competition
Competitive Landscape for Group 1 Automotive, Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Group 1 Automotive, Inc. Competitors
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