Group 1 Automotive saw its same-store parts and service revenue grow 1.3% to $516.50 million in the second quarter, driven by increases from the customer-pay (up roughly 4.0%), wholesale (up 2.0%) and warranty (up 1.0%) parts of the business, partially offset by an approximately 15.0% decrease on the collision side.
Management noted that higher same-store technician count paved the way for a rise in customer-pay repair orders when compared to the prior-year quarter. This comes as Group 1 is working to invest in incremental service capacity through new dealership construction and expansion of existing facilities in the United States.
It also should be noted that Group 1’s parts and service business faced a tough year-over-year comparison related to elevated warranty activity and changes in its collision footprint.
Meanwhile, same-store parts and service gross profit decreased 1.4% to $286.20 million with decreases in collision and wholesale gross profit but increases in customer-pay and warranty gross profit.
Same-store parts and service gross margin declined from 56.9% to 55.4% year over year.
Group 1 sells and leases new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts retail and wholesale. Its operations extend across 17 U.S. states and 61 towns and cities in the United Kingdom.
As of June 30, 2026, the company’s retail network consisted of 147 dealerships in the United States and 106 dealerships in the United Kingdom.
