Group 1 Automotive

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Group 1 Automotive

As of year-end 2023, Group 1 owns and operates 41 collision centers and 199 automotive dealerships in the us and the UK, offering 35 brands of automobiles altogether. About 150 of the stores are in the us with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 38% of new-vehicle unit volume in 2023 and the UK about 19%. Texas, Oklahoma, and Massachusetts combined was 53%. Revenue in 2023 totaled $17.9 billion. The Inchcape UK deal should close in third-quarter 2024 and add about $3 billion of revenue. That deal will bring the UK store count to 109 and total stores to more than 250. The company was founded in 1995 and is based in Houston.