Welcome to our dedicated page for Group 1 Automotive news (Ticker: GPI), a resource for investors and traders seeking the latest updates and insights on Group 1 Automotive stock.
Group 1 Automotive, Inc. (GPI) delivers comprehensive automotive retail solutions through dealerships, collision centers, and financing services across the United States and United Kingdom. This news hub provides investors and industry observers with essential updates about the company’s strategic developments and market position.
Access timely press releases and verified news covering quarterly earnings, dealership acquisitions, and partnership announcements. Our curated collection helps stakeholders track GPI’s expansion of its 35-brand portfolio and evolving omnichannel retail strategy.
Discover updates on operational milestones including collision center expansions, financial service innovations, and technology integrations across GPI’s network. All content is vetted for relevance to long-term investors and analysts monitoring the automotive retail sector.
Bookmark this page for streamlined access to GPI’s latest corporate communications. Check back regularly for authoritative reporting on one of automotive retail’s most geographically diversified operators.
Group 1 Automotive (NYSE: GPI) is celebrating the grand opening of its newly acquired Mercedes-Benz of South Austin dealership on August 18, 2025. The state-of-the-art 80,000-square-foot facility, built in late 2023, features Mercedes-Benz's next-generation dealership design across 10 acres, including 40 service bays and 28 EV charging stations.
The event will be attended by Group 1's CEO Daryl Kenningham and Mercedes-Benz USA CEO Adam Chamberlain. Led by General Manager Mo Saleh, the dealership demonstrates Group 1's commitment to local business operations and customer service excellence. As part of the opening celebration, the dealership will donate $10,000 to the Abigail E. Keller Foundation, supporting terminally ill children in Texas.
Group 1 Automotive (NYSE: GPI) has announced two significant shareholder returns initiatives. The company declared a quarterly dividend of $0.50 per share, reflecting a previously announced 6% increase in its annual dividend from $1.88 to $2.00 per share. The dividend will be paid on September 16, 2025, to stockholders of record as of September 2, 2025.
Additionally, GPI provided an update on its share repurchase program, revealing the buyback of 447,373 shares at an average price of $416.60, totaling $186 million. This represents approximately 3.4% of outstanding shares as of January 1, 2025. The company still has $290 million available under its current repurchase authorization.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has appointed Melkeya McDuffie as Senior Vice President and Chief Human Resources Officer, effective August 11, 2025. McDuffie brings over 20 years of executive HR leadership experience across multiple industries.
The company, which operates 259 dealerships across the U.S. and U.K., selected McDuffie for her proven track record in developing strategies to attract and retain top talent. Group 1 President and CEO Daryl Kenningham emphasized the importance of building a people-first culture to achieve operational excellence across geographies.
Group 1 Automotive (NYSE: GPI) has successfully acquired Mercedes-Benz of Buckhead in Atlanta from Gregory and Juanita Baranco, with The Presidio Group serving as exclusive advisor. The transaction, completed on August 4, 2025, includes all dealership real estate.
The acquisition represents a strategic expansion for Group 1 in a premium market, with the dealership being one of Atlanta's top luxury automobile retailers and situated near Mercedes-Benz USA's headquarters. The Baranco family will maintain operations at Mercedes-Benz of Covington in Louisiana, while their daughter Grené Baranco will operate a newly awarded Audi dealership in Cumming, GA.
This deal marks Presidio's sixth transaction since June, signaling a strong recovery in dealership M&A activity after a slower start to 2025.
Group 1 Automotive (NYSE: GPI) has announced the acquisition of Mercedes-Benz of Buckhead in Atlanta, Georgia, expanding its Southeastern U.S. presence to 29 dealerships. The high-performing luxury dealership is expected to generate $210 million in annual revenues.
This acquisition adds to Group 1's portfolio of 33 Mercedes-Benz dealerships across the U.S. and U.K. The company has acquired an estimated $640 million in annual revenues in 2025, following $3.9 billion of acquired revenues in 2024. Group 1 currently operates 259 automotive dealerships, 324 franchises, and 39 collision centers across both countries.
Group 1 Automotive (NYSE: GPI) announced the completion of a major renovation of its Lexus of Albuquerque dealership. The 20-month, multi-million dollar project includes a state-of-the-art facility featuring double the service bays (from 16 to 32) and over 17,000 square feet of additional space for parts and service.
The modernized facility includes new features such as speed doors, air-conditioned service drive-up, solar-powered lot lighting, and EV chargers. The dealership plans to expand its service technician team from 21 to 30 staff members. Additionally, the company will make a $10,000 donation to Girls on the Run charity as part of the grand reopening celebration scheduled for July 29, 2025.
Group 1 Automotive (NYSE: GPI) reported record second quarter 2025 results, with total revenues reaching $5.7 billion, up 21.4% year-over-year, and gross profit of $935.8 million, increasing 22.1%. The company achieved adjusted diluted earnings per share from continuing operations of $11.52, a 17.5% increase from the prior year.
Key operational highlights include strong parts and service performance with gross profit up 27.1% to $402.8 million, and customer pay same-store revenue growth exceeding 13.6% in both U.S. and U.K. markets. During Q2, Group 1 acquired three U.S. dealerships expected to generate $330 million in annual revenues and completed strategic dispositions. The company also repurchased 114,918 shares for $44.5 million.
Group 1 Automotive (NYSE:GPI) announced a $250,000 donation to the Community Foundation of the Texas Hill Country to support relief and rebuilding efforts following the historic July 4, 2025, flood in Central Texas. The company has also pledged an additional $50,000 in matching funds for employee donations.
The donation will be directed to The Kerr County Flood Relief Fund, supporting rescue efforts and flood assistance in Hunt, Ingram, Kerrville, Center Point, and Comfort communities. Group 1 maintains a significant presence in Texas with 53 dealerships and approximately 6,000 employees across the state.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced it will release its second quarter 2025 financial results on Thursday, July 24, 2025, before market opening. The company will host a conference call at 10:00 a.m. ET with CEO Daryl Kenningham and senior management to discuss the results.
Group 1 operates 259 dealerships across the U.S. and U.K., encompassing 330 franchises and 39 collision centers. The company offers 36 automobile brands and provides services including new and used vehicle sales, financing arrangements, service contracts, maintenance, repairs, and parts sales through its dealerships and omni-channel platform.