Group 1 Automotive News

Moody's Investors Service on Wednesday cut its noninvestment-grade corporate family and probability of default ratings for Group 1 Automotive Inc.

Group 1 Automotive, Inc. has generated most of its recent growth through acquisitions.

The sector-wide decline was accompanied by cautious notes from analysts on GM's liquidity and by a warning from CarMax Inc.

When automakers reported how many cars they moved in the U.S. in May, small fuel-sippers were the clear favorites.

Tate BMW/Mini of Annapolis was sold earlier this month to Group 1 Automotive, a Houston-based company that owns a string of auto dealerships in the U.S. and United Kingdom.

Dollar Thrifty names financial chief Dollar Thrifty Automotive Group Inc., the Tulsa-based rental car company, said Wednesday that Scott L. Thompson has been appointed senior executive vice president and chief ...

Dollar Thrifty Automotive Group, Inc. today announced that Scott L. Thompson has joined the Company as Senior Executive Vice President and Chief Financial Officer effective May 23, 2008.

For 10 years, Thompson was executive vice president and CFO with Group 1 Automotive, the Houston retailer of used cars, parts and maintenance services.

Textainer Group Holdings Limited , the world's largest lessor of intermodal containers based on fleet size, today reported results - 05/05/2008 - 06:14 PM HOUSTON-- --Group 1 Automotive, Inc. via Business Wire

Group 1 Automotive Inc. has acquired Tate BMW/Mini. The deal represents the third acquisition for the Houston automotive retailer since the beginning of the year. via Houston Business Journal

Tate BMW/MINI in Annapolis has been purchased by Houston-based Group 1 Automotive, the publicly-traded dealership owner and operator announced yesterday. via Baltimore Sun

Group 1 Automotive, Inc. , a Fortune 500 automotive retailer, today reported it acquired Tate BMW/MINI in Annapolis, Md., which is expected to generate $73.0 million in estimated annual revenues. via Earth Times

Doug Carson - Bank of America Jonathan Shteinman - Morgan Stanley Presentation Operator Good morning ladies and gentleman, and thank you for standing by. via Seeking Alpha

“They've been the best of the Big Three.”

General Motors Corp needs to increase incentives on slow-selling trucks to clear inventory at a time when customers are struggling to trade in rapidly depreciating large vehicles, a major U.S. auto dealer said ... via Reuters

Major U.S. auto retail groups on Tuesday posted quarterly results that underscore their mixed success in offsetting pressure from slumping new vehicle sales through sales of used cars, financing and service ... via Reuters

“Donating to Stoneham Middle School signals our involvement to assist with the needs of the community”

Student programs at Stoneham Middle School received a boost in March when Ira Nissan of Woburn gave $4,150 to support after-school activities. via EagleTribune.com, North Andover, MA

Bonanza Creek Energy Co. LLC, Bakersfield, Calif., has acquired producing properties in southwestern Arkansas from Macquarie Oil and Gas Holdings Inc., a subsidiary of Australian company Macquarie Group Ltd. via Oil and Gas Investor

“We know how to stay in shape, but maybe what we were doing wasn't the best way”

Researcher Greg Hovey closes the door on the Bodpod, which measures body fat, while Rob, a Navy SEAL, sits inside at Little Creek Naval Amphibious Base in Norfolk. via Fredericksburg.com

“We will be investing in a new facility for Lexus and upgrading the current facility”

MANCHESTER The Ira Lexus of Manchester dealership is considering a move to the C.R. Sparks property in Bedford, but no deal has been made yet, the dealership's corporate parent said yesterday. via UnionLeader.com

“The project took a piece of real estate that had been dormant, and with the help of the city and county turned it into this fine facility.”

All systems go for Sysco New $37 million distribution center set to open in May By Brandon Lowe, news@knoxvillebiz.com Wednesday, April 2, 2008 Chad Greene Rob Beasley, Sysco day supervisor, demonstrates a new ... via Knoxville News Sentinel