Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 99

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 99
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3 %(0.6)%Used vehicle wholesale sales0.5 %0.5 %0.1 %Total used4.4 %4.9 %(0.6)%Parts and service sales55.3 %55.4 %(0.2)%Total gross margin16.0 %16.3 %(0.3)%Units sold:Retail new vehicles sold53,683 52,245 1,438 2.8 %Retail used vehicles sold55,153 53,603 1,550 2.9 %Wholesale used vehicles sold14,722 13,492 1,230 9.1 %Total used69,875 67,095 2,780 4.1 %Average sales price per unit sold:New vehicle retail$50,881 $48,747 $2,134 4.4 %$307 3.7 %Used vehicle retail$30,981 $29,931 $1,050 3.5 %$314 2.5 %Gross profit per unit sold:New vehicle retail sales$3,226 $3,436 $(210)(6.1)%$22 (6.8)%Used vehicle retail sales$1,441 $1,575 $(134)(8.5)%$12 (9.3)%Used vehicle wholesale sales$47 $41 $6 15.8 %$(1)19.5 %Total used$1,147 $1,266 $(119)(9.4)%$10 (10.1)%F&I PRU$2,123 $1,979 $144 7.3 %$10 6.8 %Other:SG&A expenses$610.1 $573.5 $36.6 6.4 %$4.8 5.5 %SG&A as % gross profit70.4 %69.0 %1.4 %

27

Reported Operating Data — Consolidated 

(In millions, except unit data)

Nine Months Ended September 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$8,222.8 $7,114.3 $1,108.5 15.6