Group 1 Automotive to Present at Bank of America 2022 Auto Summit in New York | News


HOUSTON, April 11, 2022 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 300 international automotive retailer with 202 dealerships located in the United States and United Kingdom, today announced that senior management will present at the Bank of America 2022 Auto Summit on Wednesday, April 13, 2022, at the JW Marriott Essex House in New York City. The presentation should start at 9:45 a.m. ET.

The presentation from this event will be simulcast live on the Internet at http://www.group1corp.com/events. An electronic copy of the company presentation materials provided at the call will also be available at http://www.group1corp.com/events and in the Investor Relations section of the Group 1 website at http: //www.group1corp.com/company-presentations.

ABOUT GROUPE 1 AUTOMOTIVE, INC. Group 1 owns and operates 202 car dealerships, 268 franchisees, and 46 collision centers at United States and the UK this offer 34 automobile brands. Through its dealers, the Company sells new and used cars and light trucks; organizes the financing of related vehicles; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Group 1 discloses additional information about the company, its business and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1autoand www.twitter.com/group1auto.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements relating to future, not past, events and are based on our current expectations and assumptions about our business, economy and other future conditions. In this context, forward-looking statements often include statements regarding our strategic investments, objectives, plans, projections and directions regarding our financial condition, results of operations and business strategy, and often contain words such as ” expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “should”, “plans”, “may” or “will” and similar expressions. Although management believes these forward-looking statements are reasonable as made, there can be no assurance that future developments affecting us will be those we anticipate. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among others, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain new vehicle inventory and used vehicles, (e) our relationship with our automakers and the manufacturers’ willingness to approve future acquisitions, (f) our cost of financing and availability of credit to consumers, (g) our ability to make acquisitions and divestitures and the risks associated therewith, (h) exchange controls and currency fluctuations, (i) the impacts of COVID-19 on our business, (j) the impacts of any potential global recession, (k ) our ability to maintain sufficient cash to operate, (l) the risk that the proposed transactions will not be completed in a timely manner, and (m) our ability to successfully integrate recent acquisitions and future. For additional information about known important factors that could cause our actual results to differ materially from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, our quarterly reports on Form 10-Q and our current reports. Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date on which they are made, whether as a result of new information, future events or otherwise.

Investor contacts:

Jason Babbitt

Vice President, Treasurer

Group 1 Automotive, Inc.

[email protected]

Media contacts:

Pete DeLongchamps

Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs

Group 1 Automotive, Inc.

[email protected]

or

Clint Woods

Pierpont Communications, Inc.

713-627-2223

[email protected]

View original content: https://www.prnewswire.com/news-releases/group-1-automotive-to-present-at-the-bank-of-america-2022-auto-summit-in-new-york -city-301517072.html

SOURCE Group 1 Automotive, Inc.

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