| Business Summary | | Group
1
Automotive,
Inc.
operates
in
the
automotive
retailing
industry.
Through
a
series
of
acquisitions,
the
Company
owns
100
dealership
franchises.
Its
automobile
dealership
franchises
are
located
in
Texas,
Oklahoma,
Florida,
New
Mexico,
Georgia,
Colorado,
Louisiana
and
Massachusetts.
Through
its
dealerships
and
Internet
sites,
the
Company
sells
new
and
used
cars
and
light
trucks,
provide
maintenance
and
repair
services,
sell
replacement
parts
and
arrange
vehicle
finance,
service
and
insurance
contracts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GPI
is
an
operator
and
consolidator
in
the
automotive
retailing
industry.
The
Company
owns
100
dealerships
located
in
eight
states
(CO,
FL,
GA,
LA,
MA,
NM,
OK
and
TX).
For
the
six
months
ended
6/30/01,
revenues
increased
8%
to
$1.94
billion.
Net
income
increased
12%
to
$23.4
million.
Revenues
reflect
the
sale
of
higher
priced
truck
and
luxury
vehicles.
Net
income
also
reflect
improved
gross
margins
due
to
a
shift
in
the
merchandising
mix
to
more
used
cars. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| B. Hollingsworth, Jr., 58 Chairman,
Pres and CEO | $950K | $113K | Scott Thompson, 42 CFO,
Sr. VP, Treasurer | 650K | 62K | Charles Smith, 55 Sr.
VP- Industry Relations | 600K | -- | John Bishop, 54 Sr.
VP- Operations | 650K | -- | John Turner, 57 Sr.
VP- Corp. Devel. | 650K | 142K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|