Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 120

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 120
---
2.1 %Parts and service sales2,052.7 1,933.3 119.4 6.2 %F&I, net735.6 674.3 61.3 9.1 %Total revenues$15,772.9 $14,814.2 $958.7 6.5 %Gross profit: New vehicle retail sales$571.8 $646.1 $(74.3)(11.5)%Used vehicle retail sales249.2 240.8 8.5 3.5 %Used vehicle wholesale sales4.5 2.6 2.0 76.7 %Total used253.7 243.3 10.4 4.3 %Parts and service sales1,119.7 1,046.4 73.3 7.0 %F&I, net735.6 674.3 61.3 9.1 %Total gross profit$2,680.9 $2,610.1 $70.7 2.7 %Gross margin:New vehicle retail sales7.1 %8.7 %(1.6)%Used vehicle retail sales5.5 %5.4 %0.1 %Used vehicle wholesale sales1.4 %0.8 %0.6 %Total used5.2 %5.1 %0.1 %Parts and service sales54.5 %54.1 %0.4 %Total gross margin17.0 %17.6 %(0.6)%Units sold:Retail new vehicles sold157,662 142,809 14,853 10.4 %Retail used vehicles sold152,970 145,617 7,353 5.0 %Wholesale used vehicles sold37,223 31,456 5,767 18.3 %Total used190,193 177,073 13,120 7.4 %Average sales price per unit sold:New vehicle retail$51,440 $52,052 $(613)(1.2)%Used vehicle retail$29,749 $30,619 $(871)(2.8)%Gross profit per unit sold:New vehicle retail sales$3,627 $4,524 $(897)(19