Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 105

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 2
Chunk 105
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Six Months Ended June 30,20252024Increase/(Decrease)% ChangeRevenues:New vehicle retail sales$3,993.8 $3,725.0 $268.7 7.2 %Used vehicle retail sales2,298.7 2,209.2 89.5 4.1 %Used vehicle wholesale sales174.0 154.3 19.7 12.8 %Total used2,472.7 2,363.6 109.2 4.6 %Parts and service sales1,062.7 973.1 89.6 9.2 %F&I, net377.7 349.4 28.3 8.1 %Total revenues$7,906.9 $7,411.1 $495.8 6.7 %Gross profit:New vehicle retail sales$270.4 $269.6 $0.8 0.3 %Used vehicle retail sales131.5 129.8 1.7 1.3 %Used vehicle wholesale sales5.0 2.5 2.4 97.0 %Total used136.4 132.3 4.2 3.2 %Parts and service sales583.5 529.4 54.1 10.2 %F&I, net377.7 349.4 28.3 8.1 %Total gross profit$1,368.0 $1,280.7 $87.3 6.8 %Gross margin:New vehicle retail sales6.8 %7.2 %(0.5)%Used vehicle retail sales5.7 %5.9 %(0.2)%Used vehicle wholesale sales2.9 %1.6 %1.2 %Total used5.5 %5.6 %(0.1)%Parts and service sales54.9 %54.4 %0.5 %Total gross margin17.3 %17.3 %— %Units sold:Retail new vehicles sold76,755 72,684 4,071 5.6 %Retail used vehicles sold76,673 74,887 1,786 2.4 %Wholesale used vehicles sold19,376