{"id":870507,"date":"2025-08-04T19:34:12","date_gmt":"2025-08-04T23:34:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/"},"modified":"2025-08-04T19:34:12","modified_gmt":"2025-08-04T23:34:12","slug":"group-1-automotive-acquires-high-volume-luxury-brand-dealership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/","title":{"rendered":"Group 1 Automotive Acquires High Volume Luxury Brand Dealership"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <b><br \/>\n            <i>Expected to Generate <span class=\"xn-money\">$210 Million<\/span> in Annual Revenues<\/i><br \/>\n          <\/b>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">HOUSTON<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 4, 2025<\/span><\/span> \/PRNewswire\/ &#8212;<b>\u00a0<u>Group 1 Automotive, Inc.<\/u><\/b>(NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio.\u00a0 This high performing dealership, located in <span class=\"xn-location\">Atlanta, Georgia<\/span>, expands the Company&#8217;s footprint in the Southeastern U.S. to 29 dealerships.<\/p>\n<p>Mercedes-Benz of Buckhead is expected to generate <span class=\"xn-money\">$210 million<\/span> in annual revenues.\u00a0 Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K.<\/p>\n<p>&#8220;We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the <span class=\"xn-location\">Atlanta<\/span> market,&#8221; said Group 1 President and CEO <span class=\"xn-person\">Daryl Kenningham<\/span>.\u00a0 &#8220;This acquisition aligns with our strategy of investing in high-performing dealerships, and we are proud to welcome our new team members to the Group 1 family.&#8221;<\/p>\n<p>Group 1 has now acquired an estimated <span class=\"xn-money\">$640 million<\/span> of annual revenues in 2025, which follows <span class=\"xn-money\">$3.9 billion<\/span> of acquired revenues in 2024.<\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>ABOUT GROUP 1 AUTOMOTIVE, INC.<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>Group 1 owns and operates <b>259 <\/b>automotive dealerships, <b>324 <\/b>franchises, and <b>39<\/b> collision centers in <span class=\"xn-location\">the United States<\/span> and the <span class=\"xn-location\">United Kingdom<\/span> that offer <b>36 <\/b>brands of automobiles.<\/i>\u00a0\u00a0<i>Through its dealerships and omni-channel platform, the Company 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.<\/i><\/p>\n<p>\n        <i>Group 1 discloses additional information about the Company, its business, and its results of operations at <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4481297-1&amp;h=3483837197&amp;u=https%3A%2F%2Fwww.group1corp.com%2F&amp;a=www.group1corp.com\" target=\"_blank\" rel=\"nofollow\">www.group1corp.com<\/a><\/u>, <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4481297-1&amp;h=4163938672&amp;u=https%3A%2F%2Fwww.group1auto.com%2F&amp;a=www.group1auto.com\" target=\"_blank\" rel=\"nofollow\">www.group1auto.com<\/a><\/u>, <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4481297-1&amp;h=2154070789&amp;u=https%3A%2F%2Fwww.group1collision.com%2F&amp;a=www.group1collision.com\" target=\"_blank\" rel=\"nofollow\">www.group1collision.com<\/a><\/u>, <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4481297-1&amp;h=741917164&amp;u=https%3A%2F%2Fwww.acceleride.com%2F&amp;a=www.acceleride.com\" target=\"_blank\" rel=\"nofollow\">www.acceleride.com<\/a><\/u>, and <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4481297-1&amp;h=3849093629&amp;u=http%3A%2F%2Fwww.facebook.com%2Fgroup1auto&amp;a=www.facebook.com%2Fgroup1auto\" target=\"_blank\" rel=\"nofollow\">www.facebook.com\/group1auto<\/a><\/u>.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>FORWARD-LOOKING STATEMENTS<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>This press release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, including the annualized revenues of recently completed acquisitions or dispositions and other benefits of such currently anticipated or recently completed acquisitions or dispositions. These forward-looking statements often contain words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;should,&#8221; &#8220;foresee,&#8221; &#8220;may&#8221; or &#8220;will&#8221; and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the impacts of sustained levels of inflation, (c) developments in U.S. and global trade policy, including the imposition by the U.S. of significant tariffs on the import of automobiles and certain materials used in our parts and services business and the resulting consequences (including, but not limited to, retaliatory tariffs by non-U.S. nations, supply chain disruptions<\/i><br \/>\n        <i>, vehicle and part cost increases and demand decreases,<\/i><br \/>\n        <i> and potential recessions in the U.S. and U.K.), (d) the level of manufacturer incentives, (e) our ability to comply with extensive laws, regulations and policies applicable to our operations, including BEV mandates in the U.K. (f) our ability to obtain an inventory of desirable new and used vehicles (including as a result of changes in the international trade environment), (g) our relationship with our automobile<\/i><br \/>\n        <i>\u00a0manufacturers and the willingness of manufacturers to approve future acquisitions, (h) our cost of financing and the availability of credit for consumers, (i) our ability to complete acquisitions and dispositions, on a timely basis, if at all and the risks associated therewith, (j) our ability to successfully integrate recent and future acquisitions and realize the expected benefits from consummated acquisitions, (k) foreign exchange controls and currency fluctuations, (l) the armed conflicts in Ukraine and the Middle East, (m) our ability to maintain sufficient liquidity to operate, and (n) a material failure in or breach of our vendors&#8217; information technology systems and other cybersecurity incidents. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.<\/i>\n      <\/p>\n<p>\n        <b>Investor contacts:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Terry Bratton<\/span><br \/>\n        <br \/>Manager, Investor Relations<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:ir@group1auto.com\" target=\"_blank\" rel=\"nofollow\">ir@group1auto.com<\/a>\u00a0<\/p>\n<p>\n        <b>Media contacts:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Pete DeLongchamps<\/span><br \/>\n        <br \/>Senior Vice President, Financial Services and Manufacturer Relations<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:pdelongchamps@group1auto.com\" target=\"_blank\" rel=\"nofollow\">pdelongchamps@group1auto.com<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Kimberly Barta<\/span><br \/>\n        <br \/>Head of Marketing and Communications<br \/>Group 1 Automotive, Inc.<br \/><a href=\"mailto:kbarta@group1auto.com\" target=\"_blank\" rel=\"nofollow\">kbarta@group1auto.com<\/a>\u00a0<\/p>\n<p>or<\/p>\n<p>\n        <span class=\"xn-person\">Jude Gorman<\/span> \/ <span class=\"xn-person\">Clayton Erwin<\/span><br \/>Collected Strategies<br \/><a href=\"mailto:Group1-CS@collectedstrategies.com\" target=\"_blank\" rel=\"nofollow\">Group1-CS@collectedstrategies.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA43893&amp;sd=2025-08-04\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/group-1-automotive-acquires-high-volume-luxury-brand-dealership-302521201.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/group-1-automotive-acquires-high-volume-luxury-brand-dealership-302521201.html<\/a><\/p>\n<p>SOURCE  Group 1 Automotive, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA43893&amp;Transmission_Id=202508041823PR_NEWS_USPR_____DA43893&amp;DateId=20250804\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Expected to Generate $210 Million in Annual Revenues HOUSTON , Aug. 4, 2025 \/PRNewswire\/ &#8212;\u00a0Group 1 Automotive, Inc.(NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio.\u00a0 This high performing dealership, located in Atlanta, Georgia, expands the Company&#8217;s footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues.\u00a0 Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K. &#8220;We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market,&#8221; said Group 1 President and CEO Daryl Kenningham.\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Group 1 Automotive Acquires High Volume Luxury Brand Dealership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-870507","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Group 1 Automotive Acquires High Volume Luxury Brand Dealership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Group 1 Automotive Acquires High Volume Luxury Brand Dealership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Expected to Generate $210 Million in Annual Revenues HOUSTON , Aug. 4, 2025 \/PRNewswire\/ &#8212;\u00a0Group 1 Automotive, Inc.(NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio.\u00a0 This high performing dealership, located in Atlanta, Georgia, expands the Company&#8217;s footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues.\u00a0 Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K. &#8220;We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market,&#8221; said Group 1 President and CEO Daryl Kenningham.\u00a0 &hellip; Continue reading &quot;Group 1 Automotive Acquires High Volume Luxury Brand Dealership&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-04T23:34:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA43893&amp;sd=2025-08-04\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Group 1 Automotive Acquires High Volume Luxury Brand Dealership\",\"datePublished\":\"2025-08-04T23:34:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/\"},\"wordCount\":862,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DA43893&amp;sd=2025-08-04\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\\\/\",\"name\":\"Group 1 Automotive Acquires High Volume Luxury Brand Dealership - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/","og_locale":"en_US","og_type":"article","og_title":"Group 1 Automotive Acquires High Volume Luxury Brand Dealership - Market Newsdesk","og_description":"PR Newswire Expected to Generate $210 Million in Annual Revenues HOUSTON , Aug. 4, 2025 \/PRNewswire\/ &#8212;\u00a0Group 1 Automotive, Inc.(NYSE: GPI)\u00a0(&#8220;Group 1&#8221; or the &#8220;Company&#8221;),\u00a0a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio.\u00a0 This high performing dealership, located in Atlanta, Georgia, expands the Company&#8217;s footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues.\u00a0 Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K. &#8220;We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market,&#8221; said Group 1 President and CEO Daryl Kenningham.\u00a0 &hellip; Continue reading \"Group 1 Automotive Acquires High Volume Luxury Brand Dealership\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-04T23:34:12+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA43893&amp;sd=2025-08-04","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Group 1 Automotive Acquires High Volume Luxury Brand Dealership","datePublished":"2025-08-04T23:34:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/"},"wordCount":862,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA43893&amp;sd=2025-08-04","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/group-1-automotive-acquires-high-volume-luxury-brand-dealership\/","name":"Group 1 Automotive Acquires High Volume Luxury Brand Dealership - 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