Company: GPI
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001031203-25-000029
Chunk: 36

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 15.5 12.3 79.5 %(0.2)80.7 %Used vehicle wholesale sales(1.0)(2.3)1.3 54.7 %— 53.9 %Total used26.7 13.2 13.6 103.0 %(0.2)104.3 %Parts and service sales90.5 45.2 45.3 100.2 %(0.6)101.5 %F&I, net40.8 17.5 23.3 133.0 %(0.2)133.9 %Total gross profit$217.0 $103.5 $113.5 109.6 %$(0.9)110.5 %Gross margin:New vehicle retail sales8.3 %7.2 %1.1 %Used vehicle retail sales4.5 %4.9 %(0.3)%Used vehicle wholesale sales(1.8)%(8.8)%7.1 %Total used4.0 %3.8 %0.2 %Parts and service sales56.3 %55.7 %0.5 %Total gross margin13.7 %12.5 %1.2 %Units sold:Retail new vehicles sold18,264 8,961 9,303 103.8 %Retail used vehicles sold21,005 11,298 9,707 85.9 %Wholesale used vehicles sold6,137 2,740 3,397 124.0 %Total used27,142 14,038 13,104 93.3 %Average sales price per unit sold:New vehicle retail$44,642 $44,669 $(26)(0.1)%$5 (0.1)%Used vehicle retail$29,106 $28,084 $1,022 3.6 %$(187)4.3 %Gross profit per unit sold:New vehicle retail sales$3,231 $3,085 $146 4.7 %$3 4.6 %Used vehicle retail sales$1,322 $1,370 $(47)(3.4)%$(9)(2.8)%Used vehicle wholesale sales$(170)