Business News • MarketWire • Group 1 Automotive's Strong New Vehicle Sales Drive 25 Percent Fourth-Quarter Revenue Growth; Full-Year New Vehicle Sales Grow 17 Percent -- Nearly Triple the Industry Growth Rate

Group 1 Automotive's Strong New Vehicle Sales Drive 25 Percent Fourth-Quarter Revenue Growth; Full-Year New Vehicle Sales Grow 17 Percent -- Nearly Triple the Industry Growth Rate

Group 1 Automotive's Strong New Vehicle Sales Drive 25 Percent Fourth-Quarter Revenue Growth; Full-Year New Vehicle Sales Grow 17 Percent -- Nearly Triple the Industry Growth Rate

HOUSTON, TX--(Marketwire - February 10, 2011) - Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, today reported a 2010 fourth-quarter adjusted net income increase of 43.4 percent to $14.7 million, or $0.64 per diluted share, for the quarter ended Dec. 31. Full-year 2010 adjusted net income increased 49.0 percent to $62.2 million, or $2.67 per diluted share.

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