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Group 1 Automotive Acquires High Volume Luxury Brand Dealership

1. Group 1 Automotive expands with Mercedes-Benz of Buckhead acquisition. 2. The new dealership is expected to generate $210 million annually. 3. Group 1 now has 33 Mercedes-Benz dealerships in the U.S. and U.K. 4. This acquisition aligns with their strategy of high-performing dealership investments. 5. Group 1 aims for $640 million in annual revenues by 2025.

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FAQ

Why Bullish?

The acquisition could enhance GPI's revenue streams significantly. Historical data shows acquisitions lead to stock price increases.

How important is it?

The revenue potential of the new dealership presents a strong growth opportunity.

Why Long Term?

The benefits from this acquisition may take time to materialize fully, given integration plans.

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Expected to Generate $210 Million in Annual Revenues , /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a 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.  This high performing dealership, located in Atlanta, Georgia, expands the Company's footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues.  Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K. "We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market," said Group 1 President and CEO Daryl Kenningham.  "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." Group 1 has now acquired an estimated $640 million of annual revenues in 2025, which follows $3.9 billion of acquired revenues in 2024. ABOUT GROUP 1 AUTOMOTIVE, INC. Group 1 owns and operates 259 automotive dealerships, 324 franchises, and 39 collision centers in the United States and the United Kingdom that offer 36 brands of automobiles.  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. Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, and www.facebook.com/group1auto. FORWARD-LOOKING STATEMENTS This press release contains "forward-looking statements" 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 "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" 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, vehicle and part cost increases and demand decreases, 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 manufacturers 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' 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. Investor contacts:Terry BrattonManager, Investor RelationsGroup 1 Automotive, Inc.[email protected]  Media contacts:Pete DeLongchampsSenior Vice President, Financial Services and Manufacturer RelationsGroup 1 Automotive, Inc.[email protected] Kimberly BartaHead of Marketing and CommunicationsGroup 1 Automotive, Inc.[email protected]  or Jude Gorman / Clayton ErwinCollected Strategies[email protected] SOURCE Group 1 Automotive, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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