Group 1 (GPI) to Consolidate U.S. Operations
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Group 1 Automotive, Inc. (NYSE: GPI), announces the consolidation of U.S. operations from three to two regions.
Group 1 is consolidating its former Western Region of 11 dealerships into the current Central Region and will rename the combined operation the West Region. Frank Grese Jr., Group 1's Regional Vice President, who has overseen the Central Region since 2006, will manage the newly formed West Region that will have a total of 58 dealerships with 79 franchises operating in California, Kansas, Oklahoma and Texas. The former West Region had been managed by Martin E. Collins who previously resigned his position as Group 1's Western Region Vice President to assume an executive position with Ford Motor Company.
Group 1 is consolidating its former Western Region of 11 dealerships into the current Central Region and will rename the combined operation the West Region. Frank Grese Jr., Group 1's Regional Vice President, who has overseen the Central Region since 2006, will manage the newly formed West Region that will have a total of 58 dealerships with 79 franchises operating in California, Kansas, Oklahoma and Texas. The former West Region had been managed by Martin E. Collins who previously resigned his position as Group 1's Western Region Vice President to assume an executive position with Ford Motor Company.
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