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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. The Company owns and operates about 260 automotive dealerships, 338 franchises, and 44 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 its 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
Comment by rollercoaster3on Oct 04, 2006 4:58pm
85 Views
Post# 11462831

RE: GPI "COB" closer....soon?

RE: GPI "COB" closer....soon?I have other companies on my list, and I hear what you are saying, but if they are in it to make money, then maybe I can make some here as well, especially if they are looking to go into oil and gas. As far as "merit", history is history, and they have had "new management" in place for a while now with a new addition to the board, someone who knows the oil and gas industry. I want to see their business plan for this "COB". With the present management in place and a good business plan, and proper execution I think that the revenue will follow. Good for a "double or a triple" at least, especially at these prices. I'm going to follow this stock and see what they come up with. The "change of business" should be close. New playing field, better opportunity etc.
Bullboard Posts