Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 126

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 126
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4.0 %0.2 %Parts and service sales56.6 %58.1 %(1.5)%Total gross margin13.5 %13.4 %0.1 %Units sold:Retail new vehicles sold46,015 32,757 13,258 40.5 %Retail used vehicles sold56,717 42,039 14,678 34.9 %Wholesale used vehicles sold15,377 12,307 3,070 24.9 %Total used72,094 54,346 17,748 32.7 %Average sales price per unit sold:New vehicle retail$43,765 $42,488 $1,277 3.0 %$1,401 (0.3)%Used vehicle retail$28,725 $29,373 $(648)(2.2)%$880 (5.2)%Gross profit per unit sold:New vehicle retail sales$3,174 $3,689 $(515)(14.0)%$103 (16.8)%Used vehicle retail sales$1,425 $1,432 $(7)(0.5)%$45 (3.6)%Used vehicle wholesale sales$(508)$(514)$6 1.3 %$(7)2.6 %Total used$1,013 $991 $22 2.2 %$34 (1.2)%F&I PRU$906 $904 $2 0.2 %$29 (3.0)%Other:SG&A expenses$475.2 $303.9 $171.3 56.4 %$14.6 51.5 %SG&A as % gross profit84.8 %74.1 %10.7 %

36

Same Store Operating Data — U.K. 

(In millions, except unit data)

For the Years Ended December 31,20242023Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$1,406.7 $1,341.0 $65.7 4.9 %$40.8 1.9 %Used vehicle retail sales1,190.9 1,234.8 (43.9)(3.6)%32