Group 1 Automotive, Inc. (GPI) Misses Q2 EPS by 17c

Go back to Group 1 Automotive, Inc. (GPI) Misses Q2 EPS by 17c

Group 1 Automotive (GPI) Sells Freehold, NJ, Dealership

July 28, 2014 7:21 AM EDT

Group 1 Automotive (NYSE: GPI) has disposed of its Honda dealership in Freehold, New Jersey. This dealership generated approximately $65.0 million in trailing-twelve-month revenues.

"We continue to redeploy capital to maximize return on investment for our shareholders. I expect Group 1 will execute additional, similar... More