Group 1 Automotive, Inc. (NYSE:GPI) Files An 8-K Other EventsItem 8.01 Other Events.
On August 7, 2018, Group 1 Automotive, Inc., a Delaware corporation (the “Company”), announced the acquisition of two new Honda dealerships, Honda of Slidell in Slidell Louisiana, and Fernandez Honda in San Antonio, Texas. The Company also provided an update on its recently announced share repurchase program.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release of Group 1 Automotive, Inc., dated as of August 7, 2018.
ExhibitIndex
GROUP 1 AUTOMOTIVE INC ExhibitEX-99.1 2 gpi-ex991_22.htm EX-99.1 PRESS RELEASE OF GROUP 1 AUTOMOTIVE,…To view the full exhibit click here
About Group 1 Automotive, Inc. (NYSE:GPI)
Group 1 Automotive, Inc. is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts. It operates through three segments: the U.S., which includes the activities of its corporate office, the U.K. and Brazil. The Company owns and operates approximately 200 franchises, representing over 32 brands of automobiles, at over 152 dealership locations and over 35 collision centers around the world. It sells replacement parts, and provides maintenance and repair services at each of its franchised dealerships and provides collision restoration services. The Company performs both warranty and non-warranty service works at its dealerships, for the vehicle brand(s) sold at a particular location. It offers a range of third-party finance, vehicle service and insurance products.
