Group 1 Acquires Dallas Volkswagen Dealer

Group 1 Automotive Inc. has acquired an Irving-based Volkswagen dealership. Houston-based Group 1 (NYSE: GPI) has absorbed Metro Volkswagen, although the purchase price was not disclosed in a news release. The Volkswagen dealership is expected to generate approximately $25 million in estimated annual revenue. Group 1 now has five dealerships in the Dallas-Fort Worth Metroplex...

 

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