Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 50

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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0.2)%Used vehicle wholesale sales2.3 %1.6 %0.6 %Total used5.2 %5.4 %(0.2)%Parts and service sales55.1 %54.6 %0.5 %Total gross margin17.1 %17.2 %(0.1)%Units sold:Retail new vehicles sold120,484 114,314 6,170 5.4 %Retail used vehicles sold117,914 115,271 2,643 2.3 %Wholesale used vehicles sold29,862 27,629 2,233 8.1 %Total used147,776 142,900 4,876 3.4 %Average sales price per unit sold:New vehicle retail$52,195 $50,967 $1,228 2.4 %Used vehicle retail$30,344 $29,580 $763 2.6 %Gross profit per unit sold:New vehicle retail sales$3,479 $3,642 $(163)(4.5)%Used vehicle retail sales$1,654 $1,680 $(26)(1.6)%Used vehicle wholesale sales$206 $143 $63 44.1 %Total used$1,361 $1,383 $(22)(1.6)%F&I PRU$2,460 $2,352 $109 4.6 %Other:SG&A expenses$1,400.2 $1,257.9 $142.2 11.3 %SG&A as % gross profit66.1 %63.4 %2.7 %

33

Same Store Operating Data — U.S. 

(In millions, except unit data)

Nine Months Ended September 30,20252024Increase/(Decrease)% ChangeRevenues:New vehicle retail sales$6,113.0 $5,695.1 $417.8 7.3 %Used vehicle retail sales3,490.1 3,339.4 150.8 4.5 %Used vehicle wholesale sales261.5 234.0 27.5 11.7 %Total used3,751.7 3,573.4 178.3 5.0 %Parts and service sales1,618