GPI - HoustonNewMedia.org https://houstonnewmedia.org/tag/gpi/ Building "Bridges" Across the Bayou City! Wed, 03 Jun 2020 20:04:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 GPI - HoustonNewMedia.org https://houstonnewmedia.org/tag/gpi/ 32 32 103504436 Longtime CFO of major Houston-based auto co. to retire, replacement named https://houstonnewmedia.org/longtime-cfo-of-major-houston-based-auto-co-to-retire-replacement-named/?utm_source=rss&utm_medium=rss&utm_campaign=longtime-cfo-of-major-houston-based-auto-co-to-retire-replacement-named Wed, 03 Jun 2020 20:04:20 +0000 http://houstonnewmedia.org/?guid=264ee1870c70a5d113dff47e38936231 The CFO of Houston-based Group 1 Automotive Inc. (NYSE: GPI), a Fortune 500 automotive retailer, is stepping down after nearly 15 years in the role.

Daniel McHenry has been named the company's next CFO and senior vice president, effective Aug. 15, acc...

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]]> 49767 Major Houston-based auto co. furloughs workers, cuts execs’ salaries to weather COVID-19 downturn https://houstonnewmedia.org/major-houston-based-auto-co-furloughs-workers-cuts-execs-salaries-to-weather-covid-19-downturn/?utm_source=rss&utm_medium=rss&utm_campaign=major-houston-based-auto-co-furloughs-workers-cuts-execs-salaries-to-weather-covid-19-downturn Thu, 26 Mar 2020 13:16:56 +0000 http://houstonnewmedia.org/?guid=18283c74f9237719fd7742a432142b6e Houston-based Group 1 Automotive Inc. (NYSE: GPI) has seen vehicle sales plummet as the COVID-19 coronavirus outbreak ramped up and is taking steps to weather the downturn.

Those steps include furloughing 3,000 U.S. operating and staff employees for 3...

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]]> 29772 Major Houston automotive co. acquires New Mexico’s only Lexus dealerships https://houstonnewmedia.org/major-houston-automotive-co-acquires-new-mexicos-only-lexus-dealerships/?utm_source=rss&utm_medium=rss&utm_campaign=major-houston-automotive-co-acquires-new-mexicos-only-lexus-dealerships Wed, 11 Dec 2019 19:24:50 +0000 http://houstonnewmedia.org/?guid=934465abd9da6f7a2b48ea3e349844d4 Houston-based Group 1 Automotive Inc. (NYSE: GPI), one of the largest public companies in Houston, expanded its New Mexico footprint with the acquisition of New Mexico's only Lexus franchises.

The two dealerships are Lexus of Albuquerque and Lexus of...

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