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Group 1 Automotive Inc V.GPI


Primary Symbol: GPI

Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts retail and wholesale. The Company owns and operates approximately 202 automotive dealerships, 265 franchises, and 43 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide, and wholesale used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.


NYSE:GPI - Post by User

Bullboard Posts
Post by rollercoaster3on Jan 31, 2007 9:27am
77 Views
Post# 12129696

GPI Gets TSX Conditional Approval

GPI Gets TSX Conditional Approval GREAT PACIFIC INTERNATIONAL INC. OBTAINS CONDITIONAL APPROVAL FOR CHANGE OF BUSINESS......go to stockwatch.com and read all about it! The release says that GPI has to finish off a PP(which it probably already has) etc., and I think that everything else has been delt with on the company side (as far as what I have been able to figure out.) The company IR Dept said that GPI is definitely moving forward in the right direction etc. in 2007..... I have been accumulating this stock from the 50's up to the 85 cent range and I'm comfortable with that because I think we are going to see a whole new company here in 2007.....so get ready! There is not a lot of GPI shares out there to buy up though, but I think I'm starting to see more consistent volume lately. Any comments?
Bullboard Posts