World News – CA – Group 1 Automotive announces quarterly cash dividends

HOUSTON, Nov. 18, 2020 / PRNewswire / – Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or “The Company”), an international auto retailer on the Fortune 500, today announced a $ 0 cash dividend.. 30 per share for the third quarter of 2020. Dividends will be paid on December 15, 2020 to shareholders of record effective December 1, 2020 .

About Group 1 Automotive, Inc..
Group 1 owns and operates 185 auto dealerships, 241 franchises and 49 collision centers in the US, UK and Brazil serving 31 auto brands. The company sells through dealerships new and used cars and light trucks. Arranges financing related vehicles; Sells service contracts; Provides auto maintenance and repair services; And sells vehicle parts.

Investors please visit www. group1corp. Com, www. group1auto. Com, www. group1collision. Com, www. The social networking site Facebook. com / group1auto and www. Twitter. com / group1auto, where Group1 discloses additional information about the company, its business, and the results of its operations.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Securities Litigation Reform Act 1995, which are statements related to future, not prior, events and are based on our current expectations and assumptions regarding our business, the economy, and other future conditions.. In this context, forward-looking statements include statements relating to our objectives, plans and business strategy to buy back Group 1 shares from common stock, our expectations regarding our quarterly dividend repayment in addition to other statements, and may include words such as “expect,” “expect,” “intend,” and “ Plan, “believe,” “seek,” “should,” “expect,” “may,” or “will,” and similar expressions. While management believes that these forward-looking statements are reasonable upon presentation, there can be no guarantee that future developments affecting us will be those that we anticipate.. Any forward-looking statements that are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from those stated in the statements.. These risks and uncertainties include, among others, (a) board approval of future profits, (b) general economic and business conditions, (c) level of manufacturer incentives, (d) future regulatory environment, (e) our ability to obtain an inventory For desired new and used vehicles, (f) our relationship with our car manufacturers and the manufacturers ’willingness to approve future acquisitions, (g) the cost of financing and availability of credit to consumers, (h) our ability to complete acquisitions and disposals and the associated risks, (1) foreign exchange controls and fluctuations Currency, (j) our ability to retain key personnel, (k) the effects of COVID-19 on our business, (l) the effects of any potential global recession, and (m) our ability to maintain adequate liquidity for the business. For additional information on known material factors that may cause our actual results to differ from our expected results, please see our SEC files, including our annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8- K. Readers are cautioned not to rely excessively on forward-looking statements, which speak only as of the date of this bill. We undertake no obligation to publicly update or review any forward-looking statements after their date of issuance, whether as a result of new information, future events or otherwise.. .

Investor Contacts:
Sheila Roth

Investor Relations Manager

Group 1 Automobile, Inc..

713-647-5741 | @Group1auto. Com

Media contacts:
Delongshan House

Large V. s. Manufacturer Relations, Financial Services and Public Affairs

Group 1 Automobile, Inc..

713-647-5770 | pdelongchamps @ group1auto. Com

or
Clint Woods

Pierpont Communications Company.

713-627-2223 | @ piercom. Com

Group 1 Automotive, Dividends, Finance, NYSE: GPI