Group 1 Automotive says Q1 2023 revenue $4.1 billion, up 7.4% YOY

Company reports net income from continuing operations for the current quarter at $158.8 million, down 21.1% YOY

Group 1 Automotive, Inc., an automotive retailer with dealerships located in the US and UK, has reported financial results for the first quarter of 2023 with total revenues at $4.1 billion, up 7.4% increase compared to $3.8 billion for the first quarter of 2022, according to a press release dated April 26.