Group 1 Hits Record, GM Jumps to Nasdaq

Automotive Under 5, by AUTONOMi · Oct 29, 2026 · 3m

Group 1 Automotive posted the kind of quarter other dealer groups get measured against: record US customer-pay revenue, a ten-store Hennessy acquisition in Atlanta, and roughly three hundred sixty million dollars in asset sales to cut leverage. Today's episode covers Cox Automotive's upgraded October sales forecast, General Motors pairing a Michigan hybrid investment with a move to the Nasdaq, and a Stellantis quarter that posted a loss even as management promises faster revenue growth and warns Canadian tariffs could be catastrophic. Carvana's earnings, Honda's fleet push into used supply…