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Group 1 Automotive Inc (GPI.N)

GPI.N on New York Stock Exchange

61.38USD
18 Jan 2019
Change (% chg)

$0.94 (+1.56%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Group 1 Automotive Announces Opening Of Three New Dealerships Awarded By Manufacturer Partners
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ANNOUNCES OPENING OF THREE NEW DEALERSHIPS AWARDED BY MANUFACTURER PARTNERS.GROUP 1 AUTOMOTIVE INC - ANNOUNCED PLANS TO COMMENCE BUSINESS THIS DECEMBER AT PORSCHE OF EL PASO.GROUP 1 AUTOMOTIVE INC - DEALERSHIPS ARE EXPECTED TO INITIALLY GENERATE APPROXIMATELY $90 MILLION IN AGGREGATE ANNUAL REVENUES.GROUP 1 AUTOMOTIVE INC - DEALERSHIPS ARE EXPECTED TO INITIALLY GENERATE APPROXIMATELY $90 MILLION IN AGGREGATE ANNUAL REVENUES.  Full Article

Group 1 Automotive Reports Q3 EPS $1.74
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Group 1 Automotive Inc ::QTRLY TOTAL REVENUE DOWN 4.1 PERCENT AT $2.89 BILLION.GROUP 1 AUTOMOTIVE ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.INCREASES SHARE REPURCHASE AUTHORIZATION TO $100 MILLION.QTRLY ADJUSTED EARNINGS PER COMMON SHARE OF $2.47.QTRLY EARNINGS PER COMMON SHARE OF $1.74.Q3 EARNINGS PER SHARE VIEW $2.33, REVENUE VIEW $3.01 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY NEW VEHICLE REVENUES DECREASED 10.0 PERCENT.EXPECT MANUFACTURER SUPPLY TO IMPROVE ACROSS UK BY YEAR END.Q3 ADJUSTED NET INCOME AND DILUTED EPS EXCLUDE ABOUT $14.4 MILLION OF NET AFTER-TAX ADJUSTMENTS.GROUP 1 AUTOMOTIVE -"SEVERE" LACK OF 2019 MODEL VEHICLES TO SELL IN UK DURING MAJOR PLATE CHANGE SALES MONTH WAS "VERY DAMAGING TO BUSINESS".GROUP 1-IN UK, WLTP TESTING PROCEDURE CREATED "SERIOUS INVENTORY SUPPLY DELAY IN RELEASE OF MANY 2019 MODEL YEAR VEHICLES FOR SALE".  Full Article

Group 1 Automotive Increases Share Repurchase Authorization By $100 Mln To $126 Mln
Wednesday, 16 May 2018 

May 16 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE INCREASES SHARE REPURCHASE AUTHORIZATION BY $100 MILLION TO $126 MILLION.GROUP 1 AUTOMOTIVE INC - BOARD OF DIRECTORS INCREASED COMPANY'S COMMON STOCK SHARE REPURCHASE AUTHORIZATION BY $100.0 MILLION TO $125.7 MILLION.GROUP 1 AUTOMOTIVE INC - COMPANY EXPECTS THAT ANY REPURCHASE OF SHARES WILL BE FUNDED BY CASH FROM OPERATIONS.  Full Article

Group 1 Automotive Announces Q1 Earnings Per Share $1.70
Thursday, 26 Apr 2018 

April 26 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $1.70.Q1 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE ROSE 13.5 PERCENT TO $2.9 BILLION.Q1 REVENUE VIEW $2.66 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY NEW VEHICLE REVENUES INCREASED 13.2 PERCENT ON 7.6 PERCENT HIGHER UNIT SALES.QTRLY RETAIL USED VEHICLE REVENUES INCREASED 18.1 PERCENT ON 14.7 PERCENT HIGHER UNIT SALES.  Full Article

Group 1 Automotive Inc - Expands Presence In Brazil, Acquires New Toyota Market Area In São Paulo
Monday, 16 Apr 2018 

April 16 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE INC - EXPANDS PRESENCE IN BRAZIL, ACQUIRES NEW TOYOTA MARKET AREA IN SÃO PAULO.GROUP 1 AUTOMOTIVE - MAJOR EXPANSION TO EXISTING HONDA DEALERSHIP LOCATED IN SÃO PAULO SUBURB OF SÃO BERNARDO DO CAMPO.GROUP 1 AUTOMOTIVE - UNDER GROUP 1, THE BUSINESS WILL OPERATE AS T-DRIVE TOYOTA ALPHAVILLE AND IS EXPECTED TO GENERATE $45 MILLION IN ANNUALIZED REVENUES.GROUP 1 AUTOMOTIVE - ALSO ANNOUNCED EXPANSION AND RELOCATION OF ONE OF ITS SÃO PAULO HONDA DEALERSHIPS LOCATED IN SUBURB OF SÃO BERNARDO DO CAMPO.  Full Article

Group 1 Automotive Acquires Two Additional Dealerships In El Paso
Tuesday, 30 Jan 2018 

Jan 29 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ACQUIRES TWO ADDITIONAL DEALERSHIPS IN EL PASO.‍THE DEALERSHIPS ARE AUDI EL PASO AND SUBARU EL PASO, AND ARE EXPECTED TO GENERATE APPROXIMATELY $65 MILLION IN ANNUALIZED REVENUES​.  Full Article

Group 1 Automotive Says ‍Opens Land Rover Franchise In Watford Franchise Expected To Generate Additional Estimated $35 Mln In Annualized Revenues ​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE - ‍OPENS LAND ROVER FRANCHISE IN WATFORD; FRANCHISE EXPECTED TO GENERATE ADDITIONAL ESTIMATED $35 MILLION IN ANNUALIZED REVENUES ​.  Full Article

Group 1 Automotive increases quarterly cash dividend
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Group 1 Automotive Inc :Group 1 Automotive increases quarterly cash dividend.Sets quarterly cash dividend of $0.25per share.Group 1 Automotive Inc - ‍New dividend represents an increase of 4.2 percent, or $0.01 per share, from Q2 of 2017​.  Full Article

Group 1 Automotive Q3 earnings per share $1.43
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Group 1 Automotive Inc :Group 1 Automotive reports third quarter 2017 financial results.Q3 adjusted non-gaap earnings per share $2.23.Q3 earnings per share $1.43.Group 1 Automotive Inc - ‍q3 2017 adjusted net income and diluted earnings per share exclude approximately $16.8 million of net, after-tax adjustments​.Q3 revenue rose 6.7 percent to $3.0 billion.Group 1 Automotive - q3 ‍adjustments primarily consist of costs directly associated with hurricane harvey of about $9.0 million after-tax, or $0.44 per share​.Q3 earnings per share view $1.76, revenue view $2.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Group 1 Automotive raises quarterly cash dividend
Wednesday, 15 Feb 2017 

Group 1 Automotive Inc : Group 1 automotive increases quarterly cash dividend . Increases quarterly dividend by 4.3 percent .Sets quarterly cash dividend of $0.24 per share.  Full Article

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Ford CEO seeks to rally dealers as shares sink to new low

LAS VEGAS With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results.