/C O R R E C T I O N -- Group 1 Automotive, Inc./
Rhea-AI Summary
Group 1 Automotive (NYSE:GPI) announced the grand opening of the newly renovated Mercedes-Benz of Westwood dealership in Westwood, Massachusetts, on June 4, 2026.
The multi-phase project modernized about 35,320 sq ft and expanded the facility to roughly 67,617 sq ft, and includes a $10,000 donation to the Joe Andruzzi Foundation.
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News Market Reaction – GPI
On the day this news was published, GPI declined 0.83%, reflecting a mild negative market reaction. This price movement removed approximately $30M from the company's valuation, bringing the market cap to $3.64B at that time.
Data tracked by StockTitan Argus on the day of publication.
In the news release, Mercedes-Benz of Westwood Celebrates Grand Opening of Newly Renovated Luxury Dealership, issued 03-Jun-2026 by Group 1 Automotive, Inc. over PR Newswire, we are advised by the company that changes have been made throughout. The complete, corrected release follows:
Mercedes-Benz of Westwood Celebrates Grand Opening of Newly Renovated Luxury Dealership
Multi-phase renovation introduces expanded showroom, enhanced service drive, AMG Performance Center displays, and updated customer amenities
Guests can learn more about Mercedes-Benz of
The multi-phase renovation modernized approximately 35,320 square feet of the dealership and expanded the final building to approximately 67,617 square feet, including existing service and parts areas. The project introduced a larger showroom, an expanded service drive, AMG Performance Center displays, large-format digital vehicle stages, upgraded customer lounge spaces, and new vehicle delivery areas.
“Customers will notice the difference from the moment they arrive,” said Michael Espey, General Manager of Mercedes-Benz of
Customer areas were also expanded and updated. The renovated dealership includes a larger customer lounge with a self-serve café, customer workstations, and retail display areas. Restroom improvements include individual stalls for added privacy. The expanded service drive accommodates more vehicles indoors, helping customers move through arrival and drop-off more efficiently.
“Mercedes-Benz of
In Group 1's tradition of giving back, Mercedes-Benz of
The Joe Andruzzi Foundation provides financial assistance and support to New England cancer patients and their families while they are undergoing treatment, helping ease the everyday financial burdens that often accompany a cancer diagnosis.
EVENT DETAILS
What: Mercedes-Benz of Westwood Grand Opening
When: Thursday, June 4, 6 to 9 p.m.
Where: Mercedes-Benz of
Who: Mercedes-Benz of
About Group 1 Automotive, Inc.
Group 1 owns and operates 250 automotive dealerships, 310 franchises, and 32 collision centers in the United States and the United Kingdom that offer 37 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts. (Group 1 Automotive)
Media Contact:
Kimberly Barta
Head of Marketing, Brand and Communications
kbarta@group1auto.com
503-539-0756
View original content:https://www.prnewswire.com/news-releases/mercedes-benz-of-westwood-celebrates-grand-opening-of-newly-renovated-luxury-dealership-302790479.html
SOURCE Group 1 Automotive, Inc.