Company: GPI
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001031203-25-000029
Chunk: 80

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 2
Chunk 80
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$0.6 2.2 %$0.1 2.0 %Used vehicle retail sales14.6 15.5 (0.9)(5.7)%(0.1)(5.2)%Used vehicle wholesale sales— (2.3)2.3 98.9 %— 98.9 %Total used14.6 13.2 1.4 10.6 %(0.1)11.2 %Parts and service sales46.1 43.8 2.2 5.1 %(0.3)5.8 %F&I, net22.1 17.5 4.6 26.3 %(0.1)26.9 %Total gross profit$111.0 $102.1 $8.9 8.7 %$(0.4)9.1 %Gross margin:New vehicle retail sales7.1 %7.2 %(0.2)%Used vehicle retail sales4.4 %4.9 %(0.5)%Used vehicle wholesale sales(0.1)%(8.8)%8.7 %Total used4.1 %3.8 %0.2 %Parts and service sales57.4 %56.1 %1.3 %Total gross margin12.9 %12.4 %0.5 %Units sold:Retail new vehicles sold9,445 8,961 484 5.4 %Retail used vehicles sold11,923 11,298 625 5.5 %Wholesale used vehicles sold3,191 2,740 451 16.5 %Total used15,114 14,038 1,076 7.7 %Average sales price per unit sold:New vehicle retail$44,854 $44,669 $185 0.4 %$(16)0.5 %Used vehicle retail$27,796 $28,084 $(288)(1.0)%$(175)(0.4)%Gross profit per unit sold:New vehicle retail sales$2,992 $3,085 $(93)(3.0)%$5 (3.2)%Used vehicle retail sales$1,223 $1,370 $(146)(10.7)%