EUR 171.04 For Business Accounts Only

Group 1 Automotive, Inc.: Acquisition of Prime Auto Group enhances geographic reach, which is credit positive

Group 1's acquisition of Prime Auto Group will deepen its presence in the populous Northeast, which is a credit positive
Group 1 Automotive Inc.

Group 1 Automotive is an operator in the automotive retail industry. Through its dealerships, the company sells new and used cars and light trucks, arranges related vehicle financing, sells service and insurance contracts, provides automotive maintenance and repair services, and sells vehicle parts. The company sells retail used vehicles directly to its customers at its dealerships or via its internet sites and wholesale used vehicles at auctions. The company sells replacement parts and provides both warranty and non-warranty maintenance and repair services, as well as provides collision repair services at the collision centers that the company operates. The company also sells parts to wholesale customers.

Moody's Investors Service
Moody's Investors Service

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