Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 119

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 119
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54.6 %(0.1)%Total gross margin16.3 %16.9 %(0.6)%Units sold:Retail new vehicles sold175,397 170,119 5,278 3.1 %Retail used vehicles sold185,494 180,946 4,548 2.5 %Wholesale used vehicles sold45,410 42,141 3,269 7.8 %Total used230,904 223,087 7,817 3.5 %Average sales price per unit sold:New vehicle retail$50,586 $50,368 $218 0.4 %$234 — %Used vehicle retail$29,405 $30,390 $(986)(3.2)%$176 (3.8)%Gross profit per unit sold:New vehicle retail sales$3,520 $4,381 $(861)(19.7)%$17 (20.0)%Used vehicle retail sales$1,563 $1,611 $(47)(2.9)%$8 (3.5)%Used vehicle wholesale sales$(74)$(86)$12 14.4 %$(2)17.3 %Total used$1,242 $1,290 $(49)(3.8)%$6 (4.3)%F&I PRU$2,087 $2,041 $46 2.2 %$5 2.0 %Other:SG&A expenses$1,960.4 $1,873.6 $86.8 4.6 %$8.9 4.2 %SG&A as % gross profit68.1 %64.2 %3.9 %

31

Reported Operating Data — U.S. 

(In millions, except unit data)

For the Years Ended December 31,20242023Increase/(Decrease)% ChangeRevenues:New vehicle retail sales$8,110.1 $7,433.6 $676.6 9.1 %Used vehicle retail sales4,550.7 4,458.7 92.0 2.1 %Used vehicle wholesale sales323.8 314.4 9.4 3.0 %Total used4,874.5 4,773.1 101.4