Earl Hesterberg

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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Group 1 Automotive net rises 5% amid higher expenses

10:49 am U.S. ET | Oct. 24, 2013
Group 1 Automotive said today that third-quarter net profit rose 5 percent from the year-earlier period on an 18 percent rise in revenues. It said profits were held back by higher expenses and thinner margins on lagging vehicle sales....
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FACE TO FACE

Hesterberg learned hustle as a teen cleaning windows

12:01 am U.S. ET | Sept. 30, 2013
Before becoming Group 1's CEO in 2005, Earl Hesterberg spent several years at Ford, Nissan and Gulf States Toyota. But his first glimpse of cutthroat competition in the auto world came while working at a Shell station in Cincinnati as a teenager....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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