Earl Hesterberg

Trouble in the oil patch? Group 1 says it's ready

12:01 am U.S. ET | Feb. 9, 2015
Houston's Group 1 Automotive hasn't seen sales soften yet in the oil patch because of the drop in energy prices. But the nation's third-largest auto retailer is bracing for a drop....
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Group 1's adjusted Q4 net hits record; GAAP operating profits, net fall

8:56 am U.S. ET | Feb. 5, 2015
Group 1's fourth-quarter adjusted net income rose 41 percent to a record $41 million, on an 11 percent rise in revenue, the nation's third-largest auto retailer said today....
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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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