Company: GPI
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001031203-25-000029
Chunk: 27

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 115.8 20.1 %(1.2)20.3 %F&I, net226.2 188.9 37.4 19.8 %(0.2)19.9 %Total revenues$5,505.3 $4,470.5 $1,034.8 23.1 %$(5.4)23.3 %Gross profit: New vehicle retail sales$189.6 $159.5 $30.1 18.9 %$0.1 18.9 %Used vehicle retail sales93.5 82.1 11.5 14.0 %(0.2)14.2 %Used vehicle wholesale sales1.5 (0.9)2.4 NM— NMTotal used95.1 81.2 13.9 17.1 %(0.2)17.3 %Parts and service sales381.0 313.0 68.0 21.7 %(0.6)21.9 %F&I, net226.2 188.9 37.4 19.8 %(0.2)19.9 %Total gross profit$891.9 $742.6 $149.3 20.1 %$(0.9)20.2 %Gross margin:New vehicle retail sales7.1 %7.3 %(0.2)%Used vehicle retail sales5.3 %5.8 %(0.5)%Used vehicle wholesale sales1.0 %(0.8)%1.9 %Total used5.0 %5.3 %(0.3)%Parts and service sales55.1 %54.3 %0.7 %Total gross margin16.2 %16.6 %(0.4)%Units sold:Retail new vehicles sold56,099 44,302 11,797 26.6 %Retail used vehicles sold59,618 49,183 10,435 21.2 %Wholesale used vehicles sold16,354 11,828 4,526 38.3 %Total used75,972 61,011 14,961 24.5 %Average sales price per unit sold:New vehicle retail$49,861 $