Company: GPI
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001031203-25-000029
Chunk: 72

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 2
Chunk 72
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 %Total used5.2 %5.3 %(0.2)%Parts and service sales54.7 %54.3 %0.4 %Total gross margin16.3 %16.6 %(0.3)%Units sold:Retail new vehicles sold45,398 43,153 2,245 5.2 %Retail used vehicles sold49,180 48,239 941 2.0 %Wholesale used vehicles sold12,976 11,495 1,481 12.9 %Total used62,156 59,734 2,422 4.1 %Average sales price per unit sold:New vehicle retail$50,766 $49,833 $933 1.9 %$(3)1.9 %Used vehicle retail$29,213 $28,836 $377 1.3 %$(42)1.5 %Gross profit per unit sold:New vehicle retail sales$3,302 $3,607 $(304)(8.4)%$1 (8.5)%Used vehicle retail sales$1,583 $1,672 $(89)(5.3)%$(2)(5.2)%Used vehicle wholesale sales$190 $(83)$273 NM$— NMTotal used$1,292 $1,334 $(42)(3.2)%$(1)(3.1)%F&I PRU$2,133 $2,025 $108 5.3 %$(1)5.4 %Other:SG&A expenses$520.9 $492.7 $28.2 5.7 %$(0.6)5.8 %SG&A as % gross profit69.0 %67.9 %1.1 %

NM — Not Meaningful

24

Reported Operating Data — U.S.

(In millions, except unit data)

Three Months Ended March 31,20252024Increase/(Decrease)% ChangeRevenues:New vehicle retail sales$1,968.7 $1,799.8 $168.9 9.4 %Used vehicle retail sales1,144.3 1,099.5 44.9 4.1 %Used vehicle wholesale sales92.0 79.9 12.1 15.2