Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 127

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 127
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.7 (6.2)%Used vehicle wholesale sales100.9 127.1 (26.2)(20.6)%2.7 (22.7)%Total used1,291.8 1,361.9 (70.1)(5.1)%35.4 (7.7)%Parts and service sales307.7 278.0 29.7 10.7 %8.6 7.6 %F&I, net67.4 67.6 (0.2)(0.3)%1.9 (3.1)%Total revenues$3,073.6 $3,048.5 $25.1 0.8 %$86.6 (2.0)%Gross profit:New vehicle retail sales$100.8 $120.8 $(20.0)(16.6)%$2.9 (19.0)%Used vehicle retail sales56.7 60.2 (3.5)(5.8)%1.6 (8.4)%Used vehicle wholesale sales(7.4)(6.3)(1.1)(17.1)%(0.1)(15.4)%Total used49.3 53.9 (4.6)(8.4)%1.5 (11.2)%Parts and service sales175.0 162.8 12.2 7.5 %4.9 4.5 %F&I, net67.4 67.6 (0.2)(0.3)%1.9 (3.1)%Total gross profit$392.6 $405.1 $(12.5)(3.1)%$11.2 (5.8)%Gross margin:New vehicle retail sales7.2 %9.0 %(1.8)%Used vehicle retail sales4.8 %4.9 %(0.1)%Used vehicle wholesale sales(7.3)%(5.0)%(2.4)%Total used3.8 %4.0 %(0.1)%Parts and service sales56.9 %58.6 %(1.7)%Total gross margin12.8 %13.3 %(0.5)%Units sold:Retail new vehicles sold33,085 32,757 328