Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 117

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 2
Chunk 117
---
 (141)(0.8)%Retail used vehicles sold23,475 21,947 1,528 7.0 %Wholesale used vehicles sold7,020 5,595 1,425 25.5 %Total used30,495 27,542 2,953 10.7 %Average sales price per unit sold:New vehicle retail$45,540 $44,459 $1,081 2.4 %$1,175 (0.2)%Used vehicle retail$28,641 $28,185 $455 1.6 %$709 (0.9)%Gross profit per unit sold:New vehicle retail sales$3,024 $3,078 $(53)(1.7)%$82 (4.4)%Used vehicle retail sales$1,303 $1,381 $(78)(5.6)%$34 (8.1)%Used vehicle wholesale sales$(229)$(842)$612 72.7 %$(13)74.3 %Total used$950 $929 $21 2.3 %$23 (0.2)%F&I PRU$1,058 $859 $199 23.1 %$26 20.1 %Other:SG&A expenses$172.6 $158.1 $14.5 9.2 %$4.2 6.5 %SG&A as % gross profit 79.0 %79.2 %(0.1)%

39

U.K. Region — Six Months Ended June 30, 2025 Compared to 2024

Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new vehicles as only the sales commission is reported within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold. The GBP to USD foreign currency exchange rate has fluctuated from £1 to $1.265 at June 30, 2024, to £1 to $1.372 at June 30, 2025, or an increase in the value of the GBP of 8.4%.

Revenues

Total revenues in the U.K. during the Current Year increased $1,509.9 million, or