Group 1 Automotive Buys Acquires Newport Lexus And Tustin Lexus, Two Dealerships In Orange County, California; No Terms Disclosed

Group 1 Automotive, Inc. -0.15%

Group 1 Automotive, Inc.

GPI

330.13

-0.15%

he dealerships are expected to generate $350 million in annual revenues bringing 2024 year-to-date total acquired revenues for Group 1 to $850 million, which follows $1.1 billion of acquired revenues in 2023.