Group 1 Automotive (GPI) Acquires Two Dealerships in Florida

May 14, 2012 4:22 PM EDT Send to a Friend
Group 1 Automotive, Inc. (NYSE: GPI) announced the acquisition of a Honda franchise and a Volkswagen franchise in the Panama City, Fla., market that are expected to generate approximately $52 million in estimated annual revenues. The dealerships are located in Springfield, Fla., and will operate as Honda of Bay County and Volkswagen of Panama City.


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