Earl Hesterberg

Group 1 slows acquisition pace

1:03 pm U.S. ET | Oct. 23, 2014
Put off by high prices for dealerships and unacceptable returns, Group 1 Automotive will slow its acquisition pace in the near term, CEO Earl Hesterberg said today....
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Group 1 acquires Munday dealerships in Houston

3:59 pm U.S. ET | July 21, 2014
Group 1 Automotive, the third-largest auto dealer group based in the United States, has acquired Houston dealerships Munday Chevrolet and Munday Mazda, the company said today....
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Group 1's Q4 net income, revenue rise despite challenges

9:09 am U.S. ET | Feb. 5, 2014
Group 1 Automotive said today its fourth quarter and 2013 net income and revenue grew despite challenges to new- and used-vehicle profits in the United States. The auto retailer saw profit gains from its parts and service business and finance and insurance sales....
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Group 1 buys two stores in San Diego market

11:51 am U.S. ET | Jan. 22, 2014
Group 1 Automotive has acquired two dealerships from the Homer Heller Automotive Group in Escondido, Calif. The deal further expands Group 1's footprint in the San Diego market....
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Group 1 buys 5 Ga. dealerships

1:42 pm U.S. ET | Dec. 10, 2013
Group 1 Automotive has acquired five dealerships from Jay Automotive Group in Columbus, Ga. The deal further cements Group 1's presence in that market after it bought Rivertown Ford there last year, the company said in a statement Monday....
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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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