Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 45

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 45
---
 $(2.1)(1.5)%Used vehicle retail sales60.6 61.2 (0.6)(1.0)%Used vehicle wholesale sales1.1 1.3 (0.2)(15.5)%Total used61.7 62.5 (0.8)(1.3)%Parts and service sales313.1 290.8 22.3 7.7 %F&I, net202.1 184.6 17.4 9.4 %Total gross profit$715.0 $678.1 $36.9 5.4 %Gross margin:New vehicle retail sales6.3 %7.0 %(0.6)%Used vehicle retail sales4.9 %5.3 %(0.4)%Used vehicle wholesale sales1.2 %1.5 %(0.4)%Total used4.7 %5.0 %(0.4)%Parts and service sales55.2 %55.0 %0.1 %Total gross margin16.7 %17.1 %(0.4)%Units sold:Retail new vehicles sold41,582 39,700 1,882 4.7 %Retail used vehicles sold39,636 38,775 861 2.2 %Wholesale used vehicles sold9,984 9,577 407 4.2 %Total used49,620 48,352 1,268 2.6 %Average sales price per unit sold:New vehicle retail$52,595 $50,801 $1,794 3.5 %Used vehicle retail$31,042 $29,874 $1,168 3.9 %Gross profit per unit sold:New vehicle retail sales$3,322 $3,532 $(210)(5.9)%Used vehicle retail sales$1,529 $1,579 $(50)(3.1)%Used vehicle wholesale sales$108 $133 $(25)(18.9)%Total used$1,243 $1,293 $(49)(3.8)%F&I PRU$2,488 $2,353 $135 5.7 %Other:SG&A expenses$481.2 $445.4 $35.7 8.