Houston, Texas — According to state and local economic development sources Group 1 Automotive plans to invest $9,000,000.00 to build out 22,067 square feet of new space in Houston. The company plans to occupy the new space at 10155 Southwest Frwy in Houston, on or about June 1, 2023. According to the company website We are a Houston-based, Fortune 500 automotive retailer. Since our initial public offering in October 1997, Group 1 has grown to become the third largest dealership group in the United States and has expanded into the United Kingdom and Brazil. The company achieved this success through a strategy that leverages management experience and emphasizes geographic and brand diversity, interrelated revenue streams, operational efficiencies and the prudent deployment of capital. Our Core Values: Integrity We conduct ourselves with the highest level of ethics both personally and professionally when we sell to and perform service for our customers without compromising our honesty. Transparency We promote open and honest communication between each other and our customers. Professionalism We set our standards high so that we can exceed expectations and strive for perfection in everything we do. Teamwork We put the interest of the group first, before our individual interests, as we know that success only comes when we work together.

To learn more about Group 1 Automotive, visit https://www.group1auto.com/

Company Contact:
Earl Hesterberg, Chief Executive Officer
713-647-5700

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