Group 1 Automotive Inc. Added to Bellwether Watch List.

0 Comments | M2 Presswire, February, 2007

M2 PRESSWIRE-22 February 2007-Blue Chip News: Group 1 Automotive Inc. Added to Bellwether Watch List(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:22022007 Group 1 Automotive is only one in a group of firms (AutoNation and United Auto Group are the largest) striving to consolidate US auto sales.

The second-largest Ford Motor dealership group in the US, Group 1 owns about 140 franchises and around 30 collision service centers in more than a dozen states. These dealerships offer new (more than 60 of sales) and used cars and light trucks under about 30 different brands. It also offers financing, provides maintenance and repair services, and sells replacement parts. The company, which sells US made cars and imports, has been on a major shopping spree, acquiring about a...

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