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Group 1 Automotive (GPI) Acquires Hilton Head BMW

January 26, 2012 4:11 PM EST
Group 1 Automotive, Inc. (NYSE: GPI) announced the acquisition of Hilton Head BMW in Blufton, S.C., that is expected to generate $45.0 million in estimated annual revenues.

"Hilton Head BMW is our thirteenth BMW franchise in the United States," said Earl J. Hesterberg, Group 1's president and chief executive officer, "and will complement Group 1's existing Audi, BMW and Toyota dealerships in South Carolina."


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