Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 94

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 2
Chunk 94
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1 %5.1 %0.1 %Parts and service sales56.0 %55.2 %0.9 %Total gross margin16.8 %16.3 %0.5 %Units sold:Retail new vehicles sold48,565 46,880 1,685 3.6 %Retail used vehicles sold50,968 48,595 2,373 4.9 %Wholesale used vehicles sold13,420 11,587 1,833 15.8 %Total used64,388 60,182 4,206 7.0 %Average sales price per unit sold:New vehicle retail$51,028 $50,136 $892 1.8 %$395 1.0 %Used vehicle retail$30,106 $29,567 $539 1.8 %$367 0.6 %Gross profit per unit sold:New vehicle retail sales$3,552 $3,569 $(18)(0.5)%$28 (1.3)%Used vehicle retail sales$1,653 $1,634 $18 1.1 %$17 0.1 %Used vehicle wholesale sales$66 $(107)$173 NM$(7)NMTotal used$1,322 $1,299 $23 1.8 %$12 0.8 %F&I PRU$2,200 $2,075 $125 6.0 %$12 5.5 %Other:SG&A expenses$553.8 $506.9 $46.9 9.2 %$4.8 8.3 %SG&A as % gross profit66.6 %67.1 %(0.5)%

NM — Not Meaningful

25

Reported Operating Data — Consolidated 

(In millions, except unit data)

Six Months Ended June 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$5,415.4 $4,546.8 $868.6 19.1 %$34.1 18.4 %Used vehicle retail sales3,603.6 2,870.0 733.6 25.