HOUSTON, July 23, 2015 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today reported record second quarter 2015 adjusted net income of $47.9 million, a 19.9 percent increase over the prior year. Adjusted diluted earnings per share of $1.98 were also an all-time record for any quarter, and a 34.7 percent increase from the comparable, adjusted prior-year period.

The quarter included non-recurring net after-tax charges of $1.6 million reflecting non-cash asset impairments of $0.8 million, resolution of a prior period legal matter of $0.6 million, losses from flood damage of $0.6 million, and severance costs of $0.2 million, partially offset by a gain on a dealership disposition of $0.6 million. GAAP net income and diluted earnings per share were $46.3 million and $1.91, respectively. Reconciliations of non-GAAP financial measures are included in the attached financial tables.

"We are pleased to report another record-setting quarter," said Earl J. Hesterberg, Group 1's president and chief executive officer. "The combination of continued solid top-line growth in the United States and the United Kingdom, combined with improved expense leverage, delivered all-time record adjusted diluted EPS of $1.98. We are particularly pleased with our 14 percent increase in both U.S. and U.K. Same Store used vehicle sales and the acceleration of our U.S. parts and service revenue, which was up 8 percent on a Same Store basis. Finally, although overall market conditions have continued to deteriorate in Brazil, the combination of our brand profile and cost cutting initiatives allowed us to deliver a pre-tax profit in that market this quarter, which is an impressive accomplishment by our Brazilian operating team."

Consolidated Results for Second Quarter 2015 (year-over-year comparable basis)


    --  Total revenue increased 8.6 percent to an all-time quarterly record of
        $2.7 billion; total gross profit grew 6.1 percent to $391.6 million. On
        a constant currency basis, revenues were up 11.7 percent.
    --  New vehicle revenue increased 4.7 percent, reflecting 5.4 percent higher
        unit sales, as U.S. Same Store new vehicle revenue increased 5.2
        percent, reflecting unit sales growth of 4.5 percent.
    --  Used vehicle retail revenue increased 18.2 percent, primarily reflecting
        17.7 percent higher used retail unit sales. U.S. Same Store used vehicle
        revenue increased 16.1 percent, reflecting 14.2 percent growth in unit
        sales.
    --  Parts and service gross profit increased 9.2 percent on revenue growth
        of 7.1 percent. U.S. Same Store parts and service gross profit increased
        9.3 percent on revenue growth of 8.0 percent.
    --  Finance and Insurance (F&I) gross profit increased 16.7 percent, as
        total retail units sold increased 10.2 percent and F&I per retail unit
        improved $78 to $1,381, a 6.0 percent increase. U.S. Same Store F&I
        gross profit grew 13.1 percent, as F&I per retail unit improved $64 to
        $1,525.
    --  Adjusted selling, general and administrative (SG&A) expenses as a
        percent of gross profit improved 170 basis points, to 71.4 percent. U.S.
        Same Store adjusted SG&A improved 90 basis points, to a
        best-quarter-ever level of 69.6 percent. On a GAAP basis, SG&A expenses
        as a percent of gross profit improved 200 basis points, to 71.7 percent.
    --  Adjusted operating margin increased 20 basis points to 3.7 percent. On a
        GAAP basis, operating margin also grew 20 basis points, to 3.6 percent.

For the six-month period ended June 30, 2015, the Company reported adjusted net income of $83.7 million, or $3.44 per diluted share, compared to adjusted net income of $71.3 million, or $2.66 per diluted share for the same period in the prior year. On a GAAP basis, net income and diluted EPS for the six-month period ended June 30, 2015 were $82.1 million and $3.38, respectively. The Company's total revenue for the six-month period ended June 30, 2015 increased 8.1 percent to $5.2 billion. On a constant currency basis, revenue increased 11.0 percent.

Segment Results for Second Quarter 2015 (year-over-year comparable basis)







    --  United States: The Company's U.S. revenues were $2.3 billion, an
        increase of 11.0 percent. The revenue growth was primarily attributed to
        unit sales increases of 6.3 percent in new vehicles and 18.2 percent in
        retail used vehicles, as well as an increase of 8.3 percent in parts and
        service revenue. The higher revenue drove U.S. gross profit growth of
        8.0 percent, reflecting the higher new and used retail volumes, expanded
        parts and service gross margins of 90 basis points, and an F&I gross
        profit increase of 18.2 percent, driven by an increase in both volume
        and F&I per retail unit of $93 to $1,535. On a comparable basis,
        adjusted SG&A expenses as a percent of gross profit improved 150 basis
        points to a best ever 69.8 percent and adjusted operating margin grew 10
        basis points to 4.1 percent. The Company's U.S. operations accounted for
        83.9 percent of total revenues and 87.3 percent of total gross profit.





    --  United Kingdom: The Company's U.K. operations accounted for 11.3 percent
        of total revenues and 8.7 percent of total gross profit. Total revenue
        increased 22.6 percent (34.7 percent on a constant currency basis) to
        $308.2 million, and gross profit increased 14.9 percent (26.1 percent on
        a local currency basis). The gross profit increase was driven by new
        vehicle retail revenue growth of 21.6 percent, total used vehicle
        revenue growth of 23.3 percent, parts and service revenue growth of 24.7
        percent, and an F&I revenue increase of 28.7 percent.  On a comparable
        basis, adjusted SG&A expenses as a percent of gross profit increased 230
        basis points to 77.9 percent and adjusted operating margin was 2.1
        percent.



    --  Brazil: The Company's Brazil operations accounted for 4.8 percent of
        total revenues and 4.0 percent of total gross profit. Gross profit was
        $15.5 million, representing an increase of 0.3 percent over prior year
        on a Same Store constant currency basis. Adjusted SG&A expenses as a
        percent of gross profit improved 420 basis points to 90.9 percent and
        adjusted operating margin was 0.7 percent, an increase of 40 basis
        points from the prior year.

Corporate Development

During the second quarter of 2015, the Company disposed of one Audi dealership in South Carolina and terminated two Peugeot franchises in Brazil that generated trailing-twelve-month revenues of approximately $25 million.

Year to date, the Company has acquired two Audi franchises that are expected to generate approximately $240 million in annual revenues and disposed of four franchises that generated trailing-twelve-month revenues of approximately $30 million.

Share Repurchase Authorization

During the quarter, the Company repurchased approximately 208,000 shares at an average price per share of $81.30 for a total of $16.9 million. Year to date, the Company has repurchased approximately 407,000 shares at an average price of $81.46 for a total of $33.1 million. As of June 30, 2015, $66.3 million remains available under the Company's prior common stock share repurchase authorization. Future repurchases may be made from time to time, based on market conditions, legal requirements and other corporate considerations, in the open market or in privately negotiated transactions.

Second Quarter Earnings Conference Call Details

The Company's senior management will host a conference call today at 10 a.m. ET to discuss the second quarter financial results and the Company's outlook and strategy.

The conference call will be simulcast live on the Internet at www.group1auto.com, then click on 'Investor Relations' and then 'Events' or through this link: http://www.group1corp.com/events. A webcast replay will be available for 30 days.

The conference call will also be available live by dialing in 15 minutes prior to the start of the call at:



    Domestic:                          1-888-317-6003

    International:                     1-412-317-6061

    Access Code:                                      7294157

A telephonic replay will be available following the call through August 28, 2015 at 11:59 p.m. ET by dialing:



    Domestic:                          1-877-344-7529

    International:                     1-412-317-0088

    Access Code:                                        10068876

About Group 1 Automotive, Inc.
Group 1 owns and operates 148 automotive dealerships, 193 franchises, and 38 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles. Through its dealerships, the Company sells 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.

Group 1 Automotive can be reached on the Internet at www.group1auto.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, and (i) our ability to retain key personnel. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

Investor contacts:
Sheila Roth
Manager, Investor Relations
Group 1 Automotive, Inc.
713-647-5741 | sroth@group1auto.com

Media contacts:
Pete DeLongchamps
V.P. Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
713-647-5770 | pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223 | cwoods@piercom.com


                            Group 1 Automotive, Inc.

                      Consolidated Statements of Operations

                                   (Unaudited)

                    (In thousands, except per share amounts)


                                              Three Months Ended June 30,
                                           ---------------------------

                                                2015                      2014 % Change
                                                ----                      ---- --------

    REVENUES:

    New vehicle
     retail
     sales                                $1,534,262                $1,466,064             4.7

    Used
     vehicle
     retail
     sales                                   682,294                   577,250            18.2

    Used
     vehicle
     wholesale
     sales                                   101,512                    94,971             6.9

    Parts and
     service                                 303,193                   283,207             7.1

    Finance and
     insurance                               105,219                    90,146            16.7
                                             -------                    ------

    Total
     revenues                              2,726,480                 2,511,638             8.6


    COST OF SALES:

    New vehicle
     retail
     sales                                 1,458,132                 1,385,218             5.3

    Used
     vehicle
     retail
     sales                                   636,235                   531,584            19.7

    Used
     vehicle
     wholesale
     sales                                   102,445                    93,730             9.3

    Parts and
     service                                 138,095                   131,958             4.7
                                             -------                   -------

    Total cost
     of sales                              2,334,907                 2,142,490             9.0


    GROSS
     PROFIT                                  391,573                   369,148             6.1


    SELLING,
     GENERAL
     AND
     ADMINISTRATIVE
     EXPENSES                                280,568                   271,970             3.2


     DEPRECIATION
     AND
     AMORTIZATION
     EXPENSE                                  11,946                    10,753            11.1


    ASSET
     IMPAIRMENTS                               1,039                     1,721          (39.6)


    OPERATING
     INCOME                                   98,020                    84,704            15.7


    OTHER EXPENSE:

    Floorplan
     interest
     expense                                (10,015)                 (10,329)          (3.0)

    Other
     interest
     expense,
     net                                    (14,228)                 (12,567)           13.2

    Loss on
     extinguishment
     of long-
     term debt                                     -                 (23,614)        (100.0)
                                                 ---                  -------

    INCOME
     BEFORE
     INCOME
     TAXES                                    73,777                    38,194            93.2


    PROVISION
     FOR INCOME
     TAXES                                  (27,467)                 (21,332)           28.8


    NET INCOME                               $46,310                   $16,862           174.6
                                             =======                   =======

    Earnings
     allocated
     to
     participating
     securities                             $(1,792)                   $(619)          189.5

    Earnings
     available
     to diluted
     common
     shares                                  $44,518                   $16,243           174.1
                                             =======                   =======

    DILUTED
     EARNINGS
     PER SHARE                                 $1.91                     $0.62           208.1

    Weighted
     average
     dilutive
     common
     shares
     outstanding                              23,315                    26,242          (11.2)

    Weighted
     average
     participating
     securities                                  944                       986           (4.3)
                                                 ---                       ---

    Total
     weighted
     average
     shares
     outstanding                              24,259                    27,228          (10.9)




                                             Six Months Ended June 30,
                                            -------------------------

                                                2015                      2014 % Change
                                                ----                      ---- --------

    REVENUES:

    New vehicle
     retail
     sales                                $2,866,986                $2,734,900             4.8

    Used
     vehicle
     retail
     sales                                 1,305,487                 1,127,147            15.8

    Used
     vehicle
     wholesale
     sales                                   201,704                   184,144             9.5

    Parts and
     service                                 585,382                   552,524             5.9

    Finance and
     insurance                               199,775                   173,786            15.0

    Total
     revenues                              5,159,334                 4,772,501             8.1


    COST OF SALES:

    New vehicle
     retail
     sales                                 2,721,125                 2,587,148             5.2

    Used
     vehicle
     retail
     sales                                 1,213,307                 1,038,680            16.8

    Used
     vehicle
     wholesale
     sales                                   199,958                   179,791            11.2

    Parts and
     service                                 269,487                   259,612             3.8

    Total cost
     of sales                              4,403,877                 4,065,231             8.3


    GROSS
     PROFIT                                  755,457                   707,270             6.8


    SELLING,
     GENERAL
     AND
     ADMINISTRATIVE
     EXPENSES                                552,037                   529,528             4.3


     DEPRECIATION
     AND
     AMORTIZATION
     EXPENSE                                  23,630                    20,678            14.3


    ASSET
     IMPAIRMENTS                               1,039                     1,721          (39.6)


    OPERATING
     INCOME                                  178,751                   155,343            15.1


    OTHER EXPENSE:

    Floorplan
     interest
     expense                                (19,362)                 (21,242)          (8.9)

    Other
     interest
     expense,
     net                                    (28,139)                 (23,080)           21.9

    Loss on
     extinguishment
     of long-
     term debt                                     -                 (23,614)        (100.0)

    INCOME
     BEFORE
     INCOME
     TAXES                                   131,250                    87,407            50.2


    PROVISION
     FOR INCOME
     TAXES                                  (49,126)                 (39,242)           25.2


    NET INCOME                               $82,124                   $48,165            70.5
                                             =======                   =======

    Earnings
     allocated
     to
     participating
     securities                             $(3,176)                 $(1,773)           79.1

    Earnings
     available
     to diluted
     common
     shares                                  $78,948                   $46,392            70.2
                                             =======                   =======

    DILUTED
     EARNINGS
     PER SHARE                                 $3.38                     $1.80            87.8

    Weighted
     average
     dilutive
     common
     shares
     outstanding                              23,380                    25,837           (9.5)

    Weighted
     average
     participating
     securities                                  938                       974           (3.7)
                                                 ---                       ---

    Total
     weighted
     average
     shares
     outstanding                              24,318                    26,811           (9.3)


                                                       Group 1 Automotive, Inc.

                                                     Consolidated Balance Sheets

                                                        (Dollars in thousands)


                                                 June 30,                        December 31,

                                                                  2015                              2014
                                                                  ----                              ----

                                                                                   % Change
                                                                                   --------

     ASSETS:                                   (Unaudited)

     CURRENT ASSETS:

     Cash and cash equivalents                                 $24,225                           $40,975   (40.9)

     Contracts in transit and vehicle
      receivables, net                                         233,888                           237,448    (1.5)

     Accounts and notes receivable, net                        144,265                           151,330    (4.7)

     Inventories, net                                        1,657,105                         1,556,705      6.4

     Deferred income taxes                                      12,031                            11,062      8.8

     Prepaid expenses and other current assets                  27,851                            37,699   (26.1)
                                                                ------                            ------

     Total current assets                                    2,099,365                         2,035,219      3.2
                                                             ---------                         ---------

     PROPERTY AND EQUIPMENT, net                               965,363                           950,388      1.6

     GOODWILL AND INTANGIBLE FRANCHISE RIGHTS                1,219,011                         1,134,324      7.5

     OTHER ASSETS                                               19,235                            21,561   (10.8)

     Total assets                                           $4,302,974                        $4,141,492      3.9
                                                            ==========                        ==========


     LIABILITIES AND STOCKHOLDERS' EQUITY:

     CURRENT LIABILITIES:

     Floorplan notes payable -credit facility
      and other                                             $1,205,729                        $1,143,246      5.5

     Offset account related to floorplan notes
      payable -credit facility                                (22,466)                         (39,616)  (43.3)

     Floorplan notes payable -manufacturer
      affiliates                                               308,710                           307,656      0.3

     Offset account related to floorplan notes
      payable -manufacturer affiliates                        (23,300)                         (22,500)     3.6

     Current maturities of long-term debt                       76,442                            72,630      5.2

     Accounts payable                                          304,361                           288,320      5.6

     Accrued expenses                                          161,123                           172,463    (6.6)

     Total current liabilities                               2,010,599                         1,922,199      4.6

     5.00% SENIOR NOTES (aggregate principal
      of $550,000 at June 30, 2015 and
      December 31, 2014)                                       540,666                           540,100      0.1

     REAL ESTATE CREDIT FACILITY, net of
      current maturities                                        25,429                            27,099    (6.2)

     ACQUISITION LINE                                           90,721                            69,713     30.1

     OTHER REAL ESTATE RELATED AND LONG-TERM
      DEBT, net of current maturities                          334,736                           319,984      4.6

     CAPITAL LEASE OBLIGATIONS RELATED TO REAL
      ESTATE, net of current maturities                         50,300                            51,941    (3.2)

     DEFERRED INCOME TAXES                                     147,818                           141,239      4.7

     LIABILITIES FROM INTEREST RATE RISK
      MANAGEMENT ACTIVITIES                                     29,020                            25,311     14.7

     OTHER LIABILITIES                                          69,534                            65,896      5.5

     STOCKHOLDERS' EQUITY:

     Common stock                                                  258                               257      0.4

     Additional paid-in capital                                287,045                           286,854      0.1

     Retained earnings                                         924,473                           852,057      8.5

     Accumulated other comprehensive loss                    (103,341)                         (81,984)    26.1

     Treasury stock                                          (104,284)                         (79,174)    31.7

     Total stockholders' equity                             $1,004,151                          $978,010      2.7
                                                            ----------                          --------

     Total liabilities and stockholders'
      equity                                                $4,302,974                        $4,141,492      3.9
                                                            ----------                        ----------


                                                                    Group 1 Automotive, Inc.

                                                             Additional Information - Consolidated

                                                                          (Unaudited)


                                                                   Three Months Ended              Six Months Ended

                                                                        June 30,                       June 30,
                                                                     --------                       --------

                                                                           2015 (%)                       2014 (%)    2015 (%)     2014 (%)
                                                                           --------                        --------     --------      --------

    NEW VEHICLE UNIT SALES GEOGRAPHIC MIX:

    Region                                 Geographic Market
    ------                                 -----------------

    East                                   Massachusetts                          6.5                             5.9          6.2           5.7

                                           Georgia                                4.6                             4.8          4.6           4.6

                                           New Jersey                             2.4                             3.7          2.3           3.5

                                           Florida                                2.3                             1.4          1.8           1.3

                                           New Hampshire                          2.0                             2.2          1.9           2.2

                                           Louisiana                              1.6                             1.8          1.6           1.9

                                           Mississippi                            1.5                             1.5          1.5           1.4

                                           South Carolina                         1.4                             1.5          1.4           1.4

                                           Alabama                                0.7                             0.9          0.8           0.8

                                           Maryland                               0.5                             0.5          0.5           0.5

                                           New York                                 -                            2.2            -          2.0

                                                                               23.5                            26.4         22.6          25.3


    West                                   Texas                                 38.5                            34.1         38.6          34.1

                                           California                            10.1                             9.9          9.8           9.7

                                           Oklahoma                               7.5                             8.1          7.6           8.3

                                           Kansas                                 2.1                             2.5          2.1           2.5

                                           Louisiana                              0.7                             0.7          0.7           0.7


                                                                               58.9                            55.3         58.8          55.3


    International                          United Kingdom                        10.5                             8.5         10.9           9.2

                                           Brazil                                 7.1                             9.8          7.7          10.2


                                                                              100.0                           100.0        100.0         100.0
                                                                              =====                           =====        =====         =====


    NEW VEHICLE UNIT SALES BRAND MIX:
    ---------------------------------

    Toyota/Scion/Lexus                                                        26.9                            27.2         26.5          26.6

    BMW/MINI                                                                  11.3                            11.7         11.5          11.5

    Ford/Lincoln                                                              11.2                            10.8         11.6          11.4

    Honda/Acura                                                               10.8                            11.4         10.8          11.5

    Nissan                                                                     8.2                             9.3          8.7           9.5

    Chevrolet/GMC/Buick/Cadillac                                               7.3                             5.4          7.4           5.4

    Volkswagen/Audi/Porsche                                                    7.2                             6.3          6.6           6.4

    Hyundai/Kia                                                                6.4                             5.5          6.0           5.5

    Chrysler/Dodge/Jeep/RAM                                                    4.8                             4.4          4.6           4.5

    Mercedes-Benz/smart/Sprinter                                               4.3                             4.4          4.2           4.2

    Other                                                                      1.6                             3.6          2.1           3.5

                                                                              100.0                           100.0        100.0         100.0
                                                                              =====                           =====        =====         =====


                                               Group 1 Automotive, Inc.

                                            Additional Information - U.S.

                                                     (Unaudited)

                                   (Dollars in thousands, except per unit amounts)


                                Three Months Ended June 30,
                              ---------------------------

                                                    2015                                 2014 % Change
                                                    ----                                 ---- --------

    REVENUES:

    New vehicle retail sales                  $1,279,569                           $1,191,321             7.4

    Used vehicle retail sales                    572,533                              474,075            20.8

    Used vehicle wholesale
     sales                                        73,493                               68,649             7.1
                                                  ------                               ------

    Total used                                   646,026                              542,724            19.0

    Parts and service                            264,063                              243,796             8.3

    Finance and insurance                         97,789                               82,755            18.2
                                                  ------                               ------

    Total                                     $2,287,447                           $2,060,596            11.0


    GROSS MARGIN %:

    New vehicle retail sales                         4.6                                  5.2

    Used vehicle retail sales                        7.0                                  8.2

    Used vehicle wholesale
     sales                                         (0.6)                                 1.7

    Total used                                       6.2                                  7.4

    Parts and service                               55.0                                 54.1

    Finance and insurance                          100.0                                100.0

    Total                                           15.0                                 15.4


    GROSS PROFIT:

    New vehicle retail sales                     $59,434                              $62,096           (4.3)

    Used vehicle retail sales                     40,301                               38,922             3.5

    Used vehicle wholesale
     sales                                         (457)                               1,139         (140.1)
                                                    ----                                -----

    Total used                                    39,844                               40,061           (0.5)

    Parts and service                            145,117                              131,865            10.0

    Finance and insurance                         97,789                               82,755            18.2
                                                  ------                               ------

    Total                                       $342,184                             $316,777             8.0


    UNITS SOLD:

    Retail new vehicles sold                      36,882                               34,685             6.3

    Retail used vehicles sold                     26,835                               22,707            18.2

    Wholesale used vehicles
     sold                                         11,265                               10,461             7.7
                                                  ------                               ------

    Total used                                    38,100                               33,168            14.9


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                           $34,694                              $34,347             1.0

    Used vehicle retail                          $21,335                              $20,878             2.2


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                      $1,611                               $1,790          (10.0)

    Used vehicle retail sales                      1,502                                1,714          (12.4)

    Used vehicle wholesale
     sales                                          (41)                                 109         (137.6)

    Total used                                     1,046                                1,208          (13.4)

    Finance and insurance
     (per retail unit)                            $1,535                               $1,442             6.4

    OTHER: (1)

    SG&A expenses                               $238,964                             $225,898             5.8

    SG&A as % revenues                              10.4                                 11.0

    SG&A as % gross profit                          69.8                                 71.3

    Operating margin %                             4.1                                  4.0

    Pretax margin %                                3.1                                  3.0


    INTEREST EXPENSE:

    Floorplan interest                          $(8,958)                            $(8,361)            7.1

    Floorplan assistance                          12,583                               11,378            10.6
                                                  ------                               ------

    Net floorplan income                          $3,625                               $3,017            20.2

    Other interest expense,
     net                                       $(13,073)                           $(11,799)           10.8




                               Six Months Ended June 30,
                               -------------------------

                                                    2015                                 2014 % Change
                                                    ----                                 ---- --------

    REVENUES:

    New vehicle retail sales                  $2,366,728                           $2,203,873             7.4

    Used vehicle retail sales                  1,084,506                              924,562            17.3

    Used vehicle wholesale
     sales                                       142,871                              133,120             7.3
                                                 -------                              -------

    Total used                                 1,227,377                            1,057,682            16.0

    Parts and service                            507,007                              474,115             6.9

    Finance and insurance                        184,835                              159,552            15.8
                                                 -------                              -------

    Total                                     $4,285,947                           $3,895,222            10.0


    GROSS MARGIN %:

    New vehicle retail sales                         4.8                                  5.1

    Used vehicle retail sales                        7.5                                  8.3

    Used vehicle wholesale
     sales                                           1.2                                  2.6

    Total used                                       6.7                                  7.5

    Parts and service                               54.5                                 53.6

    Finance and insurance                          100.0                                100.0

    Total                                           15.3                                 15.6


    GROSS PROFIT:

    New vehicle retail sales                    $113,121                             $113,031             0.1

    Used vehicle retail sales                     80,853                               76,362             5.9

    Used vehicle wholesale
     sales                                         1,688                                3,395          (50.3)
                                                   -----                                -----

    Total used                                    82,541                               79,757             3.5

    Parts and service                            276,175                              254,168             8.7

    Finance and insurance                        184,835                              159,552            15.8
                                                 -------                              -------

    Total                                       $656,672                             $606,508             8.3


    UNITS SOLD:

    Retail new vehicles sold                      68,320                               64,632             5.7

    Retail used vehicles sold                     51,983                               45,450            14.4

    Wholesale used vehicles
     sold                                         21,809                               20,411             6.8

    Total used                                    73,792                               65,861            12.0


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                           $34,642                              $34,099             1.6

    Used vehicle retail                          $20,863                              $20,342             2.6


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                      $1,656                               $1,749           (5.3)

    Used vehicle retail sales                      1,555                                1,680           (7.4)

    Used vehicle wholesale
     sales                                            77                                  166          (53.6)

    Total used                                     1,119                                1,211           (7.6)

    Finance and insurance
     (per retail unit)                            $1,536                               $1,449             6.0


    OTHER: (1)

    SG&A expenses                               $468,937                             $442,294             6.0

    SG&A as % revenues                              10.9                                 11.4

    SG&A as % gross profit                          71.4                                 72.9

    Operating margin %                             3.9                                  3.8

    Pretax margin %                                2.9                                  2.8


    INTEREST EXPENSE:

     Floorplan interest                        $(17,476)                           $(16,945)            3.1

     Floorplan assistance                         23,159                               21,093             9.8
                                                  ------                               ------

     Net floorplan income                         $5,683                               $4,148            37.0

     Other interest expense,
      net                                      $(25,797)                           $(22,062)           16.9


    (1)These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                                              Group 1 Automotive, Inc.

                                                           Additional Information - U.K.

                                                                    (Unaudited)

                                                  (Dollars in thousands, except per unit amounts)


                               Three Months Ended June 30,

                                               2015                                       2014    % Change        Local Currency
                                                                                                                   % Change
                                                                                                                   --------

    REVENUES:

    New vehicle retail sales               $160,245                                   $131,803               21.6                  33.6

    Used vehicle retail sales                91,172                                     73,260               24.4                  36.8

    Used vehicle wholesale
     sales                                   25,756                                     21,549               19.5                  31.5
                                             ------                                     ------

    Total used                              116,928                                     94,809               23.3                  35.6

    Parts and service                        25,202                                     20,211               24.7                  37.0

    Finance and insurance                     5,792                                      4,501               28.7                  41.3
                                              -----                                      -----

    Total                                  $308,167                                   $251,324               22.6                  34.7


    GROSS MARGIN %:

    New vehicle retail sales                    6.1                                        6.9

    Used vehicle retail sales                   5.4                                        6.7

    Used vehicle wholesale
     sales                                    (2.5)                                     (1.3)

    Total used                                  3.6                                        4.9

    Parts and service                          55.8                                       56.1

    Finance and insurance                     100.0                                      100.0

    Total                                      11.0                                       11.7


    GROSS PROFIT:

    New vehicle retail sales                 $9,792                                     $9,040                8.3                  18.7

    Used vehicle retail sales                 4,894                                      4,930              (0.7)                  9.2

    Used vehicle wholesale
     sales                                    (632)                                     (281)             124.9                 145.5
                                               ----                                       ----

    Total used                                4,262                                      4,649              (8.3)                  0.9

    Parts and service                        14,070                                     11,336               24.1                  36.4

    Finance and insurance                     5,792                                      4,501               28.7                  41.3
                                              -----                                      -----

    Total                                   $33,916                                    $29,526               14.9                  26.1


    UNITS SOLD:

    Retail new vehicles sold                  4,686                                      3,626               29.2

    Retail used vehicles sold                 3,638                                      2,720               33.8

    Wholesale used vehicles
     sold                                     2,956                                      2,195               34.7
                                              -----                                      -----

    Total used                                6,594                                      4,915               34.2


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $34,197                                    $36,349              (5.9)                  3.4

    Used vehicle retail                     $25,061                                    $26,934              (7.0)                  2.3


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                 $2,090                                     $2,493             (16.2)                (8.2)

    Used vehicle retail sales                 1,345                                      1,813             (25.8)               (18.4)

    Used vehicle wholesale
     sales                                    (214)                                     (128)              67.2                  82.3

    Total used                                  646                                        946             (31.7)               (24.8)

    Finance and insurance
     (per retail unit)                         $696                                       $709              (1.8)                  7.7

    OTHER: (1)

    SG&A expenses                           $26,433                                    $22,316               18.4                  30.2

    SG&A as % revenues                          8.6                                        8.9

    SG&A as % gross profit                     77.9                                       75.6

    Operating margin %                        2.1                                        2.5

    Pretax margin %                           1.6                                        2.2


    INTEREST EXPENSE:

    Floorplan interest                       $(555)                                    $(336)              65.2

    Floorplan assistance                        198                                        156               26.9
                                                ---                                        ---

    Net floorplan expense                    $(357)                                    $(180)              98.3

    Other interest expense,
     net                                     $(824)                                    $(509)              61.9




                              Six Months Ended June 30,
                              -------------------------

                                               2015                                       2014    % Change        Local Currency
                                                                                                                   % Change
                                                                                                                   --------

    REVENUES:

    New vehicle retail sales               $311,456                                   $262,404               18.7                  30.4

    Used vehicle retail sales               180,308                                    144,737               24.6                  36.5

    Used vehicle wholesale
     sales                                   53,834                                     41,194               30.7                  43.3
                                             ------                                     ------

    Total used                              234,142                                    185,931               25.9                  38.0

    Parts and service                        50,790                                     41,571               22.2                  33.8

    Finance and insurance                    11,320                                      9,119               24.1                  36.1
                                             ------                                      -----

    Total                                  $607,708                                   $499,025               21.8                  33.6


    GROSS MARGIN %:

    New vehicle retail sales                    6.3                                        6.7

    Used vehicle retail sales                   5.3                                        5.9

    Used vehicle wholesale
     sales                                    (0.6)                                       0.4

    Total used                                  3.9                                        4.7

    Parts and service                          54.7                                       55.1

    Finance and insurance                     100.0                                      100.0

    Total                                      11.2                                       11.7


    GROSS PROFIT:

    New vehicle retail sales                $19,742                                    $17,538               12.6                  23.8

    Used vehicle retail sales                 9,532                                      8,519               11.9                  22.8

    Used vehicle wholesale
     sales                                    (311)                                       170            (282.9)              (296.2)
                                               ----                                        ---

    Total used                                9,221                                      8,689                6.1                  16.5

    Parts and service                        27,791                                     22,909               21.3                  32.9

    Finance and insurance                    11,320                                      9,119               24.1                  36.1
                                             ------                                      -----

    Total                                   $68,074                                    $58,255               16.9                  28.2


    UNITS SOLD:

    Retail new vehicles sold                  9,195                                      7,371               24.7

    Retail used vehicles sold                 7,281                                      5,459               33.4

    Wholesale used vehicles
     sold                                     5,891                                      4,356               35.2

    Total used                               13,172                                      9,815               34.2


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $33,872                                    $35,600              (4.9)                  4.6

    Used vehicle retail                     $24,764                                    $26,513              (6.6)                  2.3


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                 $2,147                                     $2,379              (9.8)                (0.7)

    Used vehicle retail sales                 1,309                                      1,561             (16.1)                (7.9)

    Used vehicle wholesale
     sales                                     (53)                                        39            (235.9)              (245.1)

    Total used                                  700                                        885             (20.9)               (13.2)

    Finance and insurance
     (per retail unit)                         $687                                       $711              (3.4)                  6.0


    OTHER:(1)

    SG&A expenses                           $53,195                                    $44,788               18.8                  30.2

    SG&A as % revenues                          8.8                                        9.0

    SG&A as % gross profit                     78.1                                       76.9

    Operating margin %                        2.1                                        2.4

    Pretax margin %                           1.7                                        2.0


    INTEREST EXPENSE:

     Floorplan interest                    $(1,065)                                    $(769)              38.5

     Floorplan assistance                       383                                        258               48.4
                                                ---                                        ---

     Net floorplan expense                   $(682)                                    $(511)              33.5

     Other interest expense,
      net                                  $(1,559)                                    $(960)              62.4


    (1) These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                                              Group 1 Automotive, Inc.

                                                          Additional Information - Brazil

                                                                    (Unaudited)

                                                  (Dollars in thousands, except per unit amounts)


                               Three Months Ended June 30,

                                               2015                                       2014    % Change        Local Currency
                                                                                                                   % Change
                                                                                                                   --------

    REVENUES:

    New vehicle retail sales                $94,448                                   $142,940             (33.9)                (8.9)

    Used vehicle retail sales                18,589                                     29,915             (37.9)               (14.3)

    Used vehicle wholesale
     sales                                    2,263                                      4,773             (52.6)               (34.6)
                                              -----                                      -----

    Total used                               20,852                                     34,688             (39.9)               (17.1)

    Parts and service                        13,928                                     19,200             (27.5)                  0.1

    Finance and insurance                     1,638                                      2,890             (43.3)               (21.9)
                                              -----                                      -----

    Total                                  $130,866                                   $199,718             (34.5)                (9.6)


    GROSS MARGIN %:

    New vehicle retail sales                    7.3                                        6.8

    Used vehicle retail sales                   4.6                                        6.1

    Used vehicle wholesale
     sales                                      6.9                                        8.0

    Total used                                  4.9                                        6.3

    Parts and service                          42.4                                       41.9

    Finance and insurance                     100.0                                      100.0

    Total                                      11.8                                       11.4


    GROSS PROFIT:

    New vehicle retail sales                 $6,904                                     $9,710             (28.9)                (2.0)

    Used vehicle retail sales                   864                                      1,814             (52.4)               (34.3)

    Used vehicle wholesale
     sales                                      156                                        383             (59.3)               (43.9)
                                                ---                                        ---

    Total used                                1,020                                      2,197             (53.6)               (36.0)

    Parts and service                         5,911                                      8,048             (26.6)                  1.3

    Finance and insurance                     1,638                                      2,890             (43.3)               (21.9)
                                              -----                                      -----

    Total                                   $15,473                                    $22,845             (32.3)                (6.6)


    UNITS SOLD:

    Retail new vehicles sold                  3,197                                      4,145             (22.9)

    Retail used vehicles sold                   966                                      1,294             (25.3)

    Wholesale used vehicles
     sold                                       406                                        574             (29.3)
                                                ---                                        ---

    Total used                                1,372                                      1,868             (26.6)


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $29,543                                    $34,485             (14.3)                 18.1

    Used vehicle retail                     $19,243                                    $23,118             (16.8)                 14.8


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                 $2,160                                     $2,343              (7.8)                 27.1

    Used vehicle retail sales                   894                                      1,402             (36.2)               (12.0)

    Used vehicle wholesale
     sales                                      384                                        667             (42.4)               (20.7)

    Total used                                  743                                      1,176             (36.8)               (12.8)

    Finance and insurance
     (per retail unit)                         $393                                       $531             (26.0)                  2.1

    OTHER: (1)

    SG&A expenses                           $14,063                                    $21,732             (35.3)               (10.7)

    SG&A as % revenues                         10.7                                       10.9

    SG&A as % gross profit                     90.9                                       95.1

    Operating margin %                        0.7                                        0.3

    Pretax margin %                             -                                     (0.7)


    INTEREST EXPENSE:

     Floorplan interest                      $(502)                                  $(1,632)            (69.2)

     Floorplan assistance                         -                                         -                 -
                                                ---                                       ---

     Net floorplan expense                   $(502)                                  $(1,632)            (69.2)

     Other interest expense,
      net                                    $(331)                                    $(259)              27.8




                              Six Months Ended June 30,
                              -------------------------

                                               2015                                       2014    % Change        Local Currency
                                                                                                                   % Change
                                                                                                                   --------

    REVENUES:

    New vehicle retail sales               $188,802                                   $268,623             (29.7)                (9.1)

    Used vehicle retail sales                40,673                                     57,848             (29.7)                (9.9)

    Used vehicle wholesale
     sales                                    4,999                                      9,830             (49.1)               (35.2)
                                              -----                                      -----

    Total used                               45,672                                     67,678             (32.5)               (13.5)

    Parts and service                        27,585                                     36,838             (25.1)                (3.0)

    Finance and insurance                     3,620                                      5,115             (29.2)                (8.7)
                                              -----                                      -----

    Total                                  $265,679                                   $378,254             (29.8)                (9.3)


    GROSS MARGIN %:

    New vehicle retail sales                    6.9                                        6.4

    Used vehicle retail sales                   4.4                                        6.2

    Used vehicle wholesale
     sales                                      7.4                                        8.0

    Total used                                  4.7                                        6.5

    Parts and service                          43.2                                       43.0

    Finance and insurance                     100.0                                      100.0

    Total                                      11.6                                       11.2


    GROSS PROFIT:

    New vehicle retail sales                $12,998                                    $17,183             (24.4)                (1.8)

    Used vehicle retail sales                 1,795                                      3,586             (49.9)               (36.0)

    Used vehicle wholesale
     sales                                      369                                        788             (53.2)               (40.5)
                                                ---                                        ---

    Total used                                2,164                                      4,374             (50.5)               (36.8)

    Parts and service                        11,929                                     15,835             (24.7)                (2.7)

    Finance and insurance                     3,620                                      5,115             (29.2)                (8.7)
                                              -----                                      -----

    Total                                   $30,711                                    $42,507             (27.8)                (6.6)


    UNITS SOLD:

    Retail new vehicles sold                  6,489                                      8,202             (20.9)

    Retail used vehicles sold                 2,158                                      2,689             (19.7)

    Wholesale used vehicles
     sold                                       867                                      1,247             (30.5)
                                                ---                                      -----

    Total used                                3,025                                      3,936             (23.1)


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $29,096                                    $32,751             (11.2)                 14.9

    Used vehicle retail                     $18,848                                    $21,513             (12.4)                 12.3


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                 $2,003                                     $2,095              (4.4)                 24.1

    Used vehicle retail sales                   832                                      1,334             (37.6)               (20.3)

    Used vehicle wholesale
     sales                                      426                                        632             (32.6)               (14.4)

    Total used                                  715                                      1,111             (35.6)               (17.8)

    Finance and insurance
     (per retail unit)                         $419                                       $470             (10.9)                 15.0


    OTHER: (1)

    SG&A expenses                           $28,798                                    $40,422             (28.8)                (7.9)

    SG&A as % revenues                         10.8                                       10.7

    SG&A as % gross profit                     93.8                                       95.1

    Operating margin %                        0.3                                        0.3

    Pretax margin %                         (0.3)                                     (0.7)


    INTEREST EXPENSE:

     Floorplan interest                      $(821)                                  $(3,528)            (76.7)

     Floorplan assistance                         -                                         -                 -
                                                ---                                       ---

     Net floorplan expense                   $(821)                                  $(3,528)            (76.7)

     Other interest expense,
      net                                    $(784)                                     $(58)           1,251.7


    (1)These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                                                  Group 1 Automotive, Inc.

                                                           Additional Information - Consolidated

                                                                        (Unaudited)

                                                      (Dollars in thousands, except per unit amounts)


                               Three Months Ended June 30,

                                                   2015                                               2014 % Change        Local Currency
                                                                                                                            % Change
                                                                                                                            --------

    REVENUES:

    New vehicle retail sales                 $1,534,262                                         $1,466,064             4.7                   8.2

    Used vehicle retail sales                   682,294                                            577,250            18.2                  21.0

    Used vehicle wholesale
     sales                                      101,512                                             94,971             6.9                  10.5
                                                -------                                             ------

    Total used                                  783,806                                            672,221            16.6                  19.5

    Parts and service                           303,193                                            283,207             7.1                   9.8

    Finance and insurance                       105,219                                             90,146            16.7                  18.0
                                                -------                                             ------

    Total                                    $2,726,480                                         $2,511,638             8.6                  11.7


    GROSS MARGIN %:

    New vehicle retail sales                        5.0                                                5.5

    Used vehicle retail sales                       6.8                                                7.9

    Used vehicle wholesale
     sales                                        (0.9)                                               1.3

    Total used                                      5.8                                                7.0

    Parts and service                              54.5                                               53.4

    Finance and insurance                         100.0                                              100.0

    Total                                          14.4                                               14.7


    GROSS PROFIT:

    New vehicle retail sales                    $76,130                                            $80,846           (5.8)                (1.4)

    Used vehicle retail sales                    46,059                                             45,666             0.9                   2.6

    Used vehicle wholesale
     sales                                        (933)                                             1,241         (175.2)              (175.2)
                                                   ----                                              -----

    Total used                                   45,126                                             46,907           (3.8)                (2.1)

    Parts and service                           165,098                                            151,249             9.2                  11.6

    Finance and insurance                       105,219                                             90,146            16.7                  18.0
                                                -------                                             ------

    Total                                      $391,573                                           $369,148             6.1                   8.6


    UNITS SOLD:

    Retail new vehicles sold                     44,765                                             42,456             5.4

    Retail used vehicles sold                    31,439                                             26,721            17.7

    Wholesale used vehicles
     sold                                        14,627                                             13,230            10.6
                                                 ------                                             ------

    Total used                                   46,066                                             39,951            15.3


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                          $34,274                                            $34,531           (0.7)                  2.6

    Used vehicle retail                         $21,702                                            $21,603             0.5                   2.8


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                     $1,701                                             $1,904          (10.7)                (6.5)

    Used vehicle retail sales                     1,465                                              1,709          (14.3)               (12.8)

    Used vehicle wholesale
     sales                                         (64)                                                94         (168.1)              (168.0)

    Total used                                      980                                              1,174          (16.5)               (15.1)

    Finance and insurance
     (per retail unit)                           $1,381                                             $1,303             6.0                   7.2

    OTHER: (1)

    SG&A expenses                              $279,460                                           $269,946             3.5                   6.5

    SG&A as % revenues                             10.2                                               10.7

    SG&A as % gross profit                         71.4                                               73.1

    Operating margin %                            3.7                                                3.5

    Pretax margin %                               2.8                                                2.6


    INTEREST EXPENSE:

     Floorplan interest                       $(10,015)                                         $(10,329)          (3.0)

     Floorplan assistance                        12,781                                             11,534            10.8
                                                 ------                                             ------

     Net floorplan income                        $2,766                                             $1,205           129.5

     Other interest expense,
      net                                     $(14,228)                                         $(12,567)           13.2




                              Six Months Ended June 30,

                                                   2015                                               2014 % Change        Local Currency
                                                                                                                            % Change
                                                                                                                            --------

    REVENUES:

    New vehicle retail sales                 $2,866,986                                         $2,734,900             4.8                   8.0

    Used vehicle retail sales                 1,305,487                                          1,127,147            15.8                  18.4

    Used vehicle wholesale
     sales                                      201,704                                            184,144             9.5                  13.1
                                                -------                                            -------

    Total used                                1,507,191                                          1,311,291            14.9                  17.6

    Parts and service                           585,382                                            552,524             5.9                   8.3

    Finance and insurance                       199,775                                            173,786            15.0                  16.2
                                                -------                                            -------

    Total                                    $5,159,334                                         $4,772,501             8.1                  11.0


    GROSS MARGIN %:

    New vehicle retail sales                        5.1                                                5.4

    Used vehicle retail sales                       7.1                                                7.8

    Used vehicle wholesale
     sales                                          0.9                                                2.4

    Total used                                      6.2                                                7.1

    Parts and service                              54.0                                               53.0

    Finance and insurance                         100.0                                              100.0

    Total                                          14.6                                               14.8


    GROSS PROFIT:

    New vehicle retail sales                   $145,861                                           $147,752           (1.3)                  2.7

    Used vehicle retail sales                    92,180                                             88,467             4.2                   5.8

    Used vehicle wholesale
     sales                                        1,746                                              4,353          (59.9)               (58.1)
                                                  -----                                              -----

    Total used                                   93,926                                             92,820             1.2                   2.8

    Parts and service                           315,895                                            292,912             7.8                   9.9

    Finance and insurance                       199,775                                            173,786            15.0                  16.2
                                                -------                                            -------

    Total                                      $755,457                                           $707,270             6.8                   9.0


    UNITS SOLD:

    Retail new vehicles sold                     84,004                                             80,205             4.7

    Retail used vehicles sold                    61,422                                             53,598            14.6

    Wholesale used vehicles
     sold                                        28,567                                             26,014             9.8
                                                 ------                                             ------

    Total used                                   89,989                                             79,612            13.0


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                          $34,129                                            $34,099             0.1                   3.1

    Used vehicle retail                         $21,254                                            $21,030             1.1                   3.3


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail sales                     $1,736                                             $1,842           (5.8)                (2.0)

    Used vehicle retail sales                     1,501                                              1,651           (9.1)                (7.7)

    Used vehicle wholesale
     sales                                           61                                                167          (63.5)               (61.9)

    Total used                                    1,044                                              1,166          (10.5)                (9.0)

    Finance and insurance
     (per retail unit)                           $1,374                                             $1,299             5.8                   6.9


    OTHER: (1)

    SG&A expenses                              $550,930                                           $527,504             4.4                   7.0

    SG&A as % revenues                             10.7                                               11.1

    SG&A as % gross profit                         72.9                                               74.6

    Operating margin %                            3.5                                                3.3

    Pretax margin %                               2.6                                                2.4


    INTEREST EXPENSE:

     Floorplan interest                       $(19,362)                                         $(21,242)          (8.9)

     Floorplan assistance                        23,542                                             21,351            10.3
                                                 ------                                             ------

     Net floorplan income                        $4,180                                               $109         3,734.9

     Other interest expense,
      net                                     $(28,139)                                         $(23,080)           21.9


    (1)These amounts have been adjusted to
     exclude the impact of certain items
     to provide additional information
     regarding the performance of our
     operations and improve period-to-
     period comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a description
     of the aforementioned adjustments.


                                           Group 1 Automotive, Inc.

                                 Additional Information - Same Store U.S. (1)

                                                 (Unaudited)

                               (Dollars in thousands, except per unit amounts)


                              Three Months Ended June 30,
                            ---------------------------

                                                 2015                                2014 % Change
                                                 ----                                ---- --------

    REVENUES:

    New vehicle retail
     sales                                 $1,186,659                          $1,128,008             5.2

    Used vehicle retail
     sales                                    527,586                             454,384            16.1

    Used vehicle wholesale
     sales                                     65,582                              65,332             0.4
                                               ------                              ------

    Total used                                593,168                             519,716            14.1

    Parts and service                         249,437                             230,988             8.0

    Finance and insurance                      91,104                              80,567            13.1
                                               ------                              ------

    Total                                  $2,120,368                          $1,959,279             8.2


    GROSS MARGIN %:

    New vehicle retail
     sales                                        4.5                                 5.2

    Used vehicle retail
     sales                                        7.1                                 8.3

    Used vehicle wholesale
     sales                                      (0.2)                                1.7

    Total used                                    6.3                                 7.5

    Parts and service                            54.7                                54.0

    Finance and insurance                       100.0                               100.0

    Total                                        15.0                                15.5


    GROSS PROFIT:

    New vehicle retail
     sales                                    $53,742                             $58,636           (8.3)

    Used vehicle retail
     sales                                     37,374                              37,686           (0.8)

    Used vehicle wholesale
     sales                                      (134)                              1,108         (112.1)
                                                 ----                               -----

    Total used                                 37,240                              38,794           (4.0)

    Parts and service                         136,362                             124,758             9.3

    Finance and insurance                      91,104                              80,567            13.1
                                               ------                              ------

    Total                                    $318,448                            $302,755             5.2


    UNITS SOLD:

    Retail new vehicles
     sold                                      34,657                              33,155             4.5

    Retail used vehicles
     sold                                      25,086                              21,973            14.2

    Wholesale used vehicles
     sold                                      10,472                              10,123             3.4
                                               ------                              ------

    Total used                                 35,558                              32,096            10.8


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                        $34,240                             $34,022             0.6

    Used vehicle retail                       $21,031                             $20,679             1.7


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                     $1,551                              $1,769          (12.3)

    Used vehicle retail
     sales                                      1,490                               1,715          (13.1)

    Used vehicle wholesale
     sales                                       (13)                                109         (111.9)

    Total used                                  1,047                               1,209          (13.4)

    Finance and insurance
     (per retail unit)                         $1,525                              $1,461             4.4


    OTHER:(2)

    SG&A expenses                            $221,615                            $213,316             3.9

    SG&A as % revenues                           10.5                                10.9

    SG&A as % gross profit                       69.6                                70.5

    Operating margin %                          4.1                                 4.1




                             Six Months Ended June 30,
                             -------------------------

                                                 2015                                2014 % Change
                                                 ----                                ---- --------

    REVENUES:

    New vehicle retail
     sales                                 $2,205,332                          $2,092,306             5.4

    Used vehicle retail
     sales                                    997,217                             887,125            12.4

    Used vehicle wholesale
     sales                                    130,352                             125,494             3.9
                                              -------                             -------

    Total used                              1,127,569                           1,012,619            11.4

    Parts and service                         479,800                             449,341             6.8

    Finance and insurance                     172,181                             155,497            10.7
                                              -------                             -------

    Total                                  $3,984,882                          $3,709,763             7.4


    GROSS MARGIN %:

    New vehicle retail
     sales                                        4.7                                 5.1

    Used vehicle retail
     sales                                        7.5                                 8.4

    Used vehicle wholesale
     sales                                        1.4                                 2.7

    Total used                                    6.8                                 7.7

    Parts and service                            54.1                                53.5

    Finance and insurance                       100.0                               100.0

    Total                                        15.3                                15.7


    GROSS PROFIT:

    New vehicle retail
     sales                                   $102,648                            $107,195           (4.2)

    Used vehicle retail
     sales                                     74,536                              74,351             0.2

    Used vehicle wholesale
     sales                                      1,886                               3,405          (44.6)
                                                -----                               -----

    Total used                                 76,422                              77,756           (1.7)

    Parts and service                         259,483                             240,464             7.9

    Finance and insurance                     172,181                             155,497            10.7
                                              -------                             -------

    Total                                    $610,734                            $580,912             5.1


    UNITS SOLD:

    Retail new vehicles
     sold                                      64,336                              61,869             4.0

    Retail used vehicles
     sold                                      48,443                              44,034            10.0

    Wholesale used vehicles
     sold                                      20,308                              19,584             3.7
                                               ------                              ------

    Total used                                 68,751                              63,618             8.1


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                        $34,278                             $33,818             1.4

    Used vehicle retail                       $20,585                             $20,146             2.2


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                     $1,595                              $1,733           (8.0)

    Used vehicle retail
     sales                                      1,539                               1,688           (8.8)

    Used vehicle wholesale
     sales                                         93                                 174          (46.6)

    Total used                                  1,112                               1,222           (9.0)

    Finance and insurance
     (per retail unit)                         $1,527                              $1,468             4.0


    OTHER: (2)

    SG&A expenses                            $436,289                            $416,686             4.7

    SG&A as % revenues                           10.9                                11.2

    SG&A as % gross profit                       71.4                                71.7

    Operating margin %                          3.9                                 4.0


    (1) Same store amounts include the
     results for the identical months in
     each period presented in the
     comparison, commencing with the
     first full month we owned the
     dealership and, in the case of
     dispositions, ending with the last
     full month we owned it. Same store
     results also include the activities
     of our corporate office.


    (2)These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                        Group 1 Automotive, Inc.

                              Additional Information - Same Store U.K. (1)

                                               (Unaudited)

                             (Dollars in thousands, except per unit amounts)


                             Three Months Ended June 30,

                                             2015                                2014 % Change        Local Currency
                                                                                                       % Change
                                                                                                       --------

    REVENUES:

    New vehicle retail
     sales                               $134,107                            $131,804             1.7                  11.8

    Used vehicle retail
     sales                                 75,449                              73,260             3.0                  13.2

    Used vehicle wholesale
     sales                                 20,062                              21,549           (6.9)                  2.4
                                           ------                              ------

    Total used                             95,511                              94,809             0.7                  10.7

    Parts and service                      19,723                              20,206           (2.4)                  7.2

    Finance and insurance                   4,934                               4,500             9.6                  20.3
                                            -----                               -----

    Total                                $254,275                            $251,319             1.2                  11.2


    GROSS MARGIN %:

    New vehicle retail
     sales                                    6.0                                 6.9

    Used vehicle retail
     sales                                    5.3                                 6.7

    Used vehicle wholesale
     sales                                  (2.5)                              (1.3)

    Total used                                3.7                                 4.9

    Parts and service                        57.6                                56.1

    Finance and insurance                   100.0                               100.0

    Total                                    10.9                                11.7


    GROSS PROFIT:

    New vehicle retail
     sales                                 $8,010                              $9,041          (11.4)                (2.9)

    Used vehicle retail
     sales                                  4,029                               4,930          (18.3)               (10.1)

    Used vehicle wholesale
     sales                                  (497)                              (281)           76.9                  92.8
                                             ----                                ----

    Total used                              3,532                               4,649          (24.0)               (16.3)

    Parts and service                      11,359                              11,331             0.2                  10.1

    Finance and insurance                   4,934                               4,500             9.6                  20.3
                                            -----                               -----

    Total                                 $27,835                             $29,521           (5.7)                  3.5


    UNITS SOLD:

    Retail new vehicles
     sold                                   4,025                               3,626            11.0

    Retail used vehicles
     sold                                   3,104                               2,720            14.1

    Wholesale used vehicles
     sold                                   2,441                               2,195            11.2
                                            -----                               -----

    Total used                              5,545                               4,915            12.8


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                    $33,319                             $36,350           (8.3)                  0.7

    Used vehicle retail                   $24,307                             $26,934           (9.8)                (0.8)


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                 $1,990                              $2,493          (20.2)               (12.5)

    Used vehicle retail
     sales                                  1,298                               1,813          (28.4)               (21.2)

    Used vehicle wholesale
     sales                                  (204)                              (128)           59.4                  73.3

    Total used                                637                                 946          (32.7)               (25.8)

    Finance and insurance
     (per retail unit)                       $692                                $709           (2.4)                  7.1

    OTHER:

    SG&A expenses                         $21,689                             $22,314           (2.8)                  6.8

    SG&A as % revenues                        8.5                                 8.9

    SG&A as % gross profit                   77.9                                75.6

    Operating margin %                      2.1                                 2.5




                            Six Months Ended June 30,

                                             2015                                2014 % Change        Local Currency
                                                                                                       % Change
                                                                                                       --------

    REVENUES:

    New vehicle retail
     sales                               $258,169                            $262,406           (1.6)                  8.1

    Used vehicle retail
     sales                                148,512                             144,736             2.6                  12.4

    Used vehicle wholesale
     sales                                 40,864                              41,194           (0.8)                  8.8
                                           ------                              ------

    Total used                            189,376                             185,930             1.9                  11.6

    Parts and service                      39,904                              41,566           (4.0)                  5.1

    Finance and insurance                   9,754                               9,118             7.0                  17.3
                                            -----                               -----

    Total                                $497,203                            $499,020           (0.4)                  9.3


    GROSS MARGIN %:

    New vehicle retail
     sales                                    6.3                                 6.7

    Used vehicle retail
     sales                                    5.3                                 5.9

    Used vehicle wholesale
     sales                                  (0.3)                                0.4

    Total used                                4.1                                 4.7

    Parts and service                        56.6                                55.1

    Finance and insurance                   100.0                               100.0

    Total                                    11.3                                11.7


    GROSS PROFIT:

    New vehicle retail
     sales                                $16,136                             $17,540           (8.0)                  1.2

    Used vehicle retail
     sales                                  7,819                               8,518           (8.2)                  0.8

    Used vehicle wholesale
     sales                                  (120)                                170         (170.6)              (173.9)
                                             ----                                 ---

    Total used                              7,699                               8,688          (11.4)                (2.7)

    Parts and service                      22,582                              22,904           (1.4)                  8.0

    Finance and insurance                   9,754                               9,118             7.0                  17.3
                                            -----                               -----

    Total                                 $56,171                             $58,250           (3.6)                  5.8


    UNITS SOLD:

    Retail new vehicles
     sold                                   7,844                               7,371             6.4

    Retail used vehicles
     sold                                   6,149                               5,459            12.6

    Wholesale used vehicles
     sold                                   4,818                               4,356            10.6
                                            -----                               -----

    Total used                             10,967                               9,815            11.7


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                    $32,913                             $35,600           (7.5)                  1.6

    Used vehicle retail                   $24,152                             $26,513           (8.9)                (0.2)


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                 $2,057                              $2,380          (13.6)                (4.9)

    Used vehicle retail
     sales                                  1,272                               1,560          (18.5)               (10.5)

    Used vehicle wholesale
     sales                                   (25)                                 39         (164.1)              (166.8)

    Total used                                702                                 885          (20.7)               (12.9)

    Finance and insurance
     (per retail unit)                       $697                                $711           (2.0)                  7.6


    OTHER:

    SG&A expenses                         $43,313                             $44,786           (3.3)                  6.0

    SG&A as % revenues                        8.7                                 9.0

    SG&A as % gross profit                   77.1                                76.9

    Operating margin %                      2.3                                 2.4


    (1) Same store amounts include
     the results for the identical
     months in each period
     presented in the comparison,
     commencing with the first
     full month we owned the
     dealership and, in the case
     of dispositions, ending with
     the last full month we owned
     it. Same store results also
     include the activities of our
     corporate office.


                                         Group 1 Automotive, Inc.

                              Additional Information - Same Store Brazil (1)

                                                (Unaudited)

                              (Dollars in thousands, except per unit amounts)


                              Three Months Ended June 30,
                            ---------------------------

                                              2015                                2014 % Change        Local Currency
                                                                                                        % Change
                                                                                                        --------

    REVENUES:

    New vehicle retail
     sales                                 $89,804                            $133,825          (32.9)                (7.5)

    Used vehicle retail
     sales                                  18,492                              28,564          (35.3)               (10.7)

    Used vehicle wholesale
     sales                                   2,240                               3,848          (41.8)               (19.8)
                                             -----                               -----

    Total used                              20,732                              32,412          (36.0)               (11.8)

    Parts and service                       13,794                              16,927          (18.5)                 12.5

    Finance and insurance                    1,612                               2,593          (37.8)               (14.3)
                                             -----                               -----

    Total                                 $125,942                            $185,757          (32.2)                (6.5)


    GROSS MARGIN %:

    New vehicle retail
     sales                                     7.3                                 6.5

    Used vehicle retail
     sales                                     4.7                                 6.0

    Used vehicle wholesale
     sales                                     7.0                                 7.6

    Total used                                 4.9                                 6.2

    Parts and service                         42.5                                43.2

    Finance and insurance                    100.0                               100.0

    Total                                     11.9                                11.1


    GROSS PROFIT:

    New vehicle retail
     sales                                  $6,513                              $8,712          (25.2)                  3.1

    Used vehicle retail
     sales                                     862                               1,727          (50.1)               (31.3)

    Used vehicle wholesale
     sales                                     157                                 294          (46.6)               (26.7)
                                               ---                                 ---

    Total used                               1,019                               2,021          (49.6)               (30.6)

    Parts and service                        5,864                               7,307          (19.7)                 10.7

    Finance and insurance                    1,612                               2,593          (37.8)               (14.3)
                                             -----                               -----

    Total                                  $15,008                             $20,633          (27.3)                  0.3


    UNITS SOLD:

    Retail new vehicles
     sold                                    3,110                               3,688          (15.7)

    Retail used vehicles
     sold                                      959                               1,197          (19.9)

    Wholesale used vehicles
     sold                                      404                                 461          (12.4)
                                               ---                                 ---

    Total used                               1,363                               1,658          (17.8)


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                     $28,876                             $36,287          (20.4)                  9.7

    Used vehicle retail                    $19,283                             $23,863          (19.2)                 11.4


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                  $2,094                              $2,362          (11.3)                 22.2

    Used vehicle retail
     sales                                     899                               1,443          (37.7)               (14.2)

    Used vehicle wholesale
     sales                                     389                                 638          (39.0)               (16.3)

    Total used                                 748                               1,219          (38.6)               (15.6)

    Finance and insurance
     (per retail unit)                        $396                                $531          (25.4)                  2.9


    OTHER:(2)

    SG&A expenses                          $13,569                             $19,133          (29.1)                (2.2)

    SG&A as % revenues                        10.8                                10.3

    SG&A as % gross profit                    90.4                                92.7

    Operating margin %                       0.7                                 0.5




                             Six Months Ended June 30,

                                              2015                                2014 % Change        Local Currency
                                                                                                        % Change
                                                                                                        --------

    REVENUES:

    New vehicle retail
     sales                                $181,959                            $251,039          (27.5)                (6.4)

    Used vehicle retail
     sales                                  40,534                              54,748          (26.0)                (5.1)

    Used vehicle wholesale
     sales                                   4,974                               7,983          (37.7)               (20.7)
                                             -----                               -----

    Total used                              45,508                              62,731          (27.5)                (7.1)

    Parts and service                       27,334                              32,662          (16.3)                  8.3

    Finance and insurance                    3,578                               4,569          (21.7)                  1.0
                                             -----                               -----

    Total                                 $258,379                            $351,001          (26.4)                (5.0)


    GROSS MARGIN %:

    New vehicle retail
     sales                                     6.9                                 6.1

    Used vehicle retail
     sales                                     4.4                                 6.1

    Used vehicle wholesale
     sales                                     7.4                                 7.7

    Total used                                 4.8                                 6.3

    Parts and service                         43.3                                44.3

    Finance and insurance                    100.0                               100.0

    Total                                     11.6                                10.9


    GROSS PROFIT:

    New vehicle retail
     sales                                 $12,514                             $15,389          (18.7)                  5.5

    Used vehicle retail
     sales                                   1,802                               3,367          (46.5)               (31.6)

    Used vehicle wholesale
     sales                                     370                                 612          (39.5)               (23.3)
                                               ---                                 ---

    Total used                               2,172                               3,979          (45.4)               (30.4)

    Parts and service                       11,829                              14,467          (18.2)                  5.6

    Finance and insurance                    3,578                               4,569          (21.7)                  1.0
                                             -----                               -----

    Total                                  $30,093                             $38,404          (21.6)                  1.3


    UNITS SOLD:

    Retail new vehicles
     sold                                    6,363                               7,281          (12.6)

    Retail used vehicles
     sold                                    2,151                               2,458          (12.5)

    Wholesale used vehicles
     sold                                      864                                 989          (12.6)
                                               ---                                 ---

    Total used                               3,015                               3,447          (12.5)


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                     $28,596                             $34,479          (17.1)                  7.1

    Used vehicle retail                    $18,844                             $22,273          (15.4)                  8.5


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                  $1,967                              $2,114           (7.0)                 20.7

    Used vehicle retail
     sales                                     838                               1,370          (38.8)               (21.9)

    Used vehicle wholesale
     sales                                     428                                 619          (30.9)               (12.2)

    Total used                                 720                               1,154          (37.6)               (20.4)

    Finance and insurance
     (per retail unit)                        $420                                $469          (10.4)                 15.5


    OTHER: (2)

    SG&A expenses                          $27,519                             $35,460          (22.4)                  0.4

    SG&A as % revenues                        10.7                                10.1

    SG&A as % gross profit                    91.4                                92.3

    Operating margin %                       0.6                                 0.6


    (1) Same store amounts include the
     results for the identical months in
     each period presented in the
     comparison, commencing with the
     first full month we owned the
     dealership and, in the case of
     dispositions, ending with the last
     full month we owned it. Same store
     results also include the activities
     of our corporate office.


    (2)These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                           Group 1 Automotive, Inc.

                             Additional Information - Same Store Consolidated (1)

                                                 (Unaudited)

                               (Dollars in thousands, except per unit amounts)


                             Three Months Ended June 30,

                                               2015                                     2014 % Change        Local Currency
                                                                                                              % Change
                                                                                                              --------

    REVENUES:

    New vehicle retail
     sales                               $1,410,570                               $1,393,637             1.2                   4.6

    Used vehicle retail
     sales                                  621,527                                  556,208            11.7                  14.3

    Used vehicle wholesale
     sales                                   87,884                                   90,729           (3.1)                    -
                                             ------                                   ------

    Total used                              709,411                                  646,937             9.7                  12.3

    Parts and service                       282,954                                  268,121             5.5                   8.2

    Finance and insurance                    97,650                                   87,660            11.4                  12.6
                                             ------                                   ------

    Total                                $2,500,585                               $2,396,355             4.3                   7.4


    GROSS MARGIN %:

    New vehicle retail
     sales                                      4.8                                      5.5

    Used vehicle retail
     sales                                      6.8                                      8.0

    Used vehicle wholesale
     sales                                    (0.5)                                     1.2

    Total used                                  5.9                                      7.0

    Parts and service                          54.3                                     53.5

    Finance and insurance                     100.0                                    100.0

    Total                                      14.4                                     14.7


    GROSS PROFIT:

    New vehicle retail
     sales                                  $68,265                                  $76,389          (10.6)                (6.4)

    Used vehicle retail
     sales                                   42,265                                   44,343           (4.7)                (3.0)

    Used vehicle wholesale
     sales                                    (474)                                   1,121         (142.3)              (141.0)
                                               ----                                    -----

    Total used                               41,791                                   45,464           (8.1)                (6.4)

    Parts and service                       153,585                                  143,396             7.1                   9.4

    Finance and insurance                    97,650                                   87,660            11.4                  12.6
                                             ------                                   ------

    Total                                  $361,291                                 $352,909             2.4                   4.8


    UNITS SOLD:

    Retail new vehicles
     sold                                    41,792                                   40,469             3.3

    Retail used vehicles
     sold                                    29,149                                   25,890            12.6

    Wholesale used vehicles
     sold                                    13,317                                   12,779             4.2
                                             ------                                   ------

    Total used                               42,466                                   38,669             9.8


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $33,752                                  $34,437           (2.0)                  1.3

    Used vehicle retail                     $21,322                                  $21,484           (0.7)                  1.6


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                   $1,633                                   $1,888          (13.5)                (9.4)

    Used vehicle retail
     sales                                    1,450                                    1,713          (15.4)               (13.9)

    Used vehicle wholesale
     sales                                     (36)                                      88         (140.9)              (139.4)

    Total used                                  984                                    1,176          (16.3)               (14.8)

    Finance and insurance
     (per retail unit)                       $1,376                                   $1,321             4.2                   5.4


    OTHER:(2)

    SG&A expenses                          $256,874                                 $254,764             0.8                   3.7

    SG&A as % revenues                         10.3                                     10.6

    SG&A as % gross profit                     71.1                                     72.2

    Operating margin %                        3.7                                      3.7




                            Six Months Ended June 30,

                                               2015                                     2014 % Change        Local Currency
                                                                                                              % Change
                                                                                                              --------

    REVENUES:

    New vehicle retail
     sales                               $2,645,460                               $2,605,751             1.5                   4.5

    Used vehicle retail
     sales                                1,186,263                                1,086,609             9.2                  11.5

    Used vehicle wholesale
     sales                                  176,190                                  174,671             0.9                   3.9
                                            -------                                  -------

    Total used                            1,362,453                                1,261,280             8.0                  10.5

    Parts and service                       547,038                                  523,569             4.5                   6.7

    Finance and insurance                   185,513                                  169,184             9.7                  10.8
                                            -------                                  -------

    Total                                $4,740,464                               $4,559,784             4.0                   6.7


    GROSS MARGIN %:

    New vehicle retail
     sales                                      5.0                                      5.4

    Used vehicle retail
     sales                                      7.1                                      7.9

    Used vehicle wholesale
     sales                                      1.2                                      2.4

    Total used                                  6.3                                      7.2

    Parts and service                          53.7                                     53.1

    Finance and insurance                     100.0                                    100.0

    Total                                      14.7                                     14.9


    GROSS PROFIT:

    New vehicle retail
     sales                                 $131,298                                 $140,124           (6.3)                (2.5)

    Used vehicle retail
     sales                                   84,157                                   86,236           (2.4)                (0.9)

    Used vehicle wholesale
     sales                                    2,136                                    4,187          (49.0)               (46.8)
                                              -----                                    -----

    Total used                               86,293                                   90,423           (4.6)                (3.1)

    Parts and service                       293,894                                  277,835             5.8                   7.8

    Finance and insurance                   185,513                                  169,184             9.7                  10.8
                                            -------                                  -------

    Total                                  $696,998                                 $677,566             2.9                   5.0


    UNITS SOLD:

    Retail new vehicles
     sold                                    78,543                                   76,521             2.6

    Retail used vehicles
     sold                                    56,743                                   51,951             9.2

    Wholesale used vehicles
     sold                                    25,990                                   24,929             4.3
                                             ------                                   ------

    Total used                               82,733                                   76,880             7.6


    AVERAGE RETAIL SALES
     PRICE:

    New vehicle retail                      $33,682                                  $34,053           (1.1)                  1.8

    Used vehicle retail                     $20,906                                  $20,916               -                  2.1


    GROSS PROFIT PER UNIT
     SOLD:

    New vehicle retail
     sales                                   $1,672                                   $1,831           (8.7)                (5.0)

    Used vehicle retail
     sales                                    1,483                                    1,660          (10.7)                (9.3)

    Used vehicle wholesale
     sales                                       82                                      168          (51.2)               (48.9)

    Total used                                1,043                                    1,176          (11.3)                (9.9)

    Finance and insurance
     (per retail unit)                       $1,371                                   $1,317             4.1                   5.2


    OTHER: (2)

    SG&A expenses                          $507,121                                 $496,933             2.1                   4.5

    SG&A as % revenues                         10.7                                     10.9

    SG&A as % gross profit                     72.8                                     73.3

    Operating margin %                        3.5                                      3.5


    (1) Same store amounts include the
     results for the identical months in
     each period presented in the
     comparison, commencing with the
     first full month we owned the
     dealership and, in the case of
     dispositions, ending with the last
     full month we owned it. Same store
     results also include the activities
     of our corporate office.


    (2)These amounts have been adjusted
     to exclude the impact of certain
     items to provide additional
     information regarding the
     performance of our operations and
     improve period-to-period
     comparability. Refer to our
     Reconciliation of Certain Non-GAAP
     Financial Measures for a
     description of the aforementioned
     adjustments.


                                                Group 1 Automotive, Inc.

                              Reconciliation of Certain Non-GAAP Financial Measures - U.S.

                                                      (Unaudited)

                                    (Dollars in thousands, except per share amounts)


                                                                                        Three Months Ended June 30,
                                                                                      ---------------------------

                                                                                      2015                     2014   % Change
                                                                                      ----                     ----   --------

    SG&A RECONCILIATION:

                                          As reported                               $239,863                 $227,506         5.4

                                            Pre-tax adjustments:

                                             Catastrophic events                       (951)                 (1,676)

                                             Gain (loss) on real estate and
                                              dealership transactions                  1,052                      510

                                             Legal settlements                       (1,000)                   (442)

                                          Adjusted SG&A (1)                         $238,964                 $225,898         5.8


    SG&A AS % REVENUES:

                                          Unadjusted                                    10.5                     11.0

                                          Adjusted (1)                                  10.4                     11.0

    SG&A AS % GROSS PROFIT:

                                          Unadjusted                                    70.1                     71.8

                                          Adjusted (1)                                  69.8                     71.3

    OPERATING MARGIN %

                                          Unadjusted                                     4.0                      3.8

                                          Adjusted (1), (2)                              4.1                      4.0

    PRETAX MARGIN %:

                                          Unadjusted                                     3.0                      1.7

                                          Adjusted (1), (3)                              3.1                      3.0


    SAME STORE SG&A RECONCILIATION:


                                          As reported                               $223,930                 $215,434         3.9

                                            Pre-tax adjustments:

                                             Catastrophic events                       (951)                 (1,676)

                                             Gain (loss) on real estate and
                                              dealership transactions                  (364)                       -

                                             Legal settlements                       (1,000)                   (442)

                                          Adjusted Same Store SG&A (1)              $221,615                 $213,316         3.9


    SAME STORE SG&A AS % REVENUES:

                                          Unadjusted                                    10.6                     11.0

                                          Adjusted (1)                                  10.5                     10.9

    SAME STORE SG&A AS % GROSS PROFIT:

                                          Unadjusted                                    70.3                     71.2

                                          Adjusted (1)                                  69.6                     70.5

    SAME STORE OPERATING MARGIN %

                                          Unadjusted                                     4.0                      3.9

                                          Adjusted (1), (4)                              4.1                      4.1




                                                                                       Six Months Ended June 30,
                                                                                       -------------------------

                                                                                      2015                     2014    % Change
                                                                                      ----                     ----   --------

    SG&A RECONCILIATION:

                                          As reported                               $469,836                 $443,902         5.8

                                            Pre-tax adjustments:

                                             Catastrophic events                       (951)                 (1,676)

                                             Gain (loss) on real estate and
                                              dealership transactions                  1,052                      510

                                             Legal settlements                       (1,000)                   (442)

                                          Adjusted SG&A (1)                         $468,937                 $442,294         6.0


    SG&A AS % REVENUES:

                                          Unadjusted                                    11.0                     11.4

                                          Adjusted (1)                                  10.9                     11.4

    SG&A AS % OF GROSS PROFIT:

                                          Unadjusted                                    71.5                     73.2

                                          Adjusted (1)                                  71.4                     72.9

    OPERATING MARGIN %:

                                           Unadjusted                                    3.9                      3.7

                                          Adjusted (1), (2)                              3.9                      3.8

    PRETAX MARGIN %:

                                          Unadjusted                                     2.9                      2.1

                                          Adjusted (1), (3)                              2.9                      2.8


    SAME STORE SG&A RECONCILIATION:


                                          As reported                               $438,604                 $418,804         4.7

                                            Pre-tax adjustments:

                                             Catastrophic events                       (951)                 (1,676)

                                             Gain (loss) on real estate and
                                              dealership transactions                  (364)                       -

                                             Legal settlements                       (1,000)                   (442)

                                          Adjusted Same Store SG&A (1)              $436,289                 $416,686         4.7


    SAME STORE SG&A AS % REVENUES:

                                          Unadjusted                                    11.0                     11.3

                                          Adjusted (1)                                  10.9                     11.2

    SAME STORE SG&A AS % GROSS PROFIT:

                                          Unadjusted                                    71.8                     72.1

                                          Adjusted (1)                                  71.4                     71.7

    SAME STORE OPERATING MARGIN %

                                          Unadjusted                                     3.8                      3.9

                                          Adjusted (1), (4)                              3.9                      4.0


    (1)              We have
                     included
                     certain non-
                     GAAP
                     financial
                     measures as
                     defined
                     under SEC
                     rules, which
                     exclude
                     certain
                     items.
                     These
                     adjusted
                     measures are
                     not measures
                     of financial
                     performance
                     under GAAP.
                     As required
                     by SEC
                     rules, we
                     provide
                     reconciliations
                     of these
                     adjusted
                     measures to
                     the most
                     directly
                     comparable
                     GAAP
                     measures.
                     We believe
                     that these
                     adjusted
                     financial
                     measures are
                     relevant and
                     useful to
                     investors
                     because they
                     improve the
                     transparency
                     of our
                     disclosure,
                     provide a
                     meaningful
                     presentation
                     of results
                     from our
                     core
                     business
                     operations
                     and improve
                     period-to-
                     period
                     comparability
                     of our
                     results from
                     our core
                     business
                     operations.


    (2)              Excludes the
                     impact of
                     SG&A
                     reconciling
                     items above,
                     as well as
                     non-cash
                     asset
                     impairment
                     charges of
                     $498 for the
                     three and
                     six months
                     ended June
                     30, 2015 and
                     $1,721 for
                     the three
                     and six
                     months ended
                     June 30,
                     2014.


    (3)              Excludes the
                     impact of
                     SG&A
                     reconciling
                     items above,
                     as well as
                     loss on
                     redemption
                     of long-
                     term debt of
                     $23,614 for
                     the three
                     and six
                     months ended
                     June 30,
                     2014, non-
                     cash asset
                     impairment
                     charges of
                     $498 for the
                     three and
                     six months
                     ended June
                     30, 2015,
                     and non-
                     cash asset
                     impairment
                     charges of
                     $1,721 for
                     the three
                     and six
                     months ended
                     June 30,
                     2014.


    (4)              Excludes the
                     impact of
                     Same Store
                     SG&A
                     reconciling
                     items above,
                     as well as
                     non-cash
                     asset
                     impairment
                     charges of
                     $498 for the
                     three and
                     six months
                     ended June
                     30, 2015 and
                     $1,721 for
                     the three
                     and six
                     months ended
                     June 30,
                     2014.


                                          Group 1 Automotive, Inc.

                        Reconciliation of Certain Non-GAAP Financial Measures - U.K.

                                                 (Unaudited)

                               (Dollars in thousands, except per share amounts)


                                                                              Three Months Ended June 30,
                                                                            ---------------------------

                                                                            2015                    2014   % Change
                                                                            ----                    ----   --------

    SG&A RECONCILIATION:

                                  As reported                              $26,641                 $22,316        19.4

                                    Pre-tax adjustments:

                                     Severance costs                         (208)                      -

                                  Adjusted SG&A (1)                        $26,433                 $22,316        18.4


    SG&A AS % REVENUES:

                                  Unadjusted                                   8.6                     8.9

                                  Adjusted (1)                                 8.6                     8.9

    SG&A AS % GROSS PROFIT:

                                  Unadjusted                                  78.5                    75.6

                                  Adjusted (1)                                77.9                    75.6

    OPERATING MARGIN %

                                  Unadjusted                                   2.0                     2.5

                                  Adjusted (1), (2)                            2.1                     2.5

    PRETAX MARGIN %:

                                  Unadjusted                                   1.6                     2.2

                                  Adjusted (1), (2)                            1.6                     2.2




                                                                             Six Months Ended June 30,
                                                                             -------------------------

                                                                            2015                    2014    % Change
                                                                            ----                    ----   --------

    SG&A RECONCILIATION:


                                  As reported                              $53,403                 $44,788        19.2

                                    Pre-tax adjustments:

                                     Severance costs                         (208)                      -

                                  Adjusted SG&A (1)                        $53,195                 $44,788        18.8


    SG&A AS % REVENUES:

                                  Unadjusted                                   8.8                     9.0

                                  Adjusted (1)                                 8.8                     9.0

    SG&A AS % OF GROSS PROFIT:

                                  Unadjusted                                  78.4                    76.9

                                  Adjusted (1)                                78.1                    76.9

    OPERATING MARGIN %:

                                  Unadjusted                                   2.1                     2.4

                                  Adjusted (1), (2)                            2.1                     2.4

    PRETAX MARGIN %:

                                  Unadjusted                                   1.6                     2.0

                                  Adjusted (1), (2)                            1.7                     2.0


    (1)              We have
                     included
                     certain non-
                     GAAP
                     financial
                     measures as
                     defined
                     under SEC
                     rules, which
                     exclude
                     certain
                     items.
                     These
                     adjusted
                     measures are
                     not measures
                     of financial
                     performance
                     under GAAP.
                     As required
                     by SEC
                     rules, we
                     provide
                     reconciliations
                     of these
                     adjusted
                     measures to
                     the most
                     directly
                     comparable
                     GAAP
                     measures.
                     We believe
                     that these
                     adjusted
                     financial
                     measures are
                     relevant and
                     useful to
                     investors
                     because they
                     improve the
                     transparency
                     of our
                     disclosure,
                     provide a
                     meaningful
                     presentation
                     of results
                     from our
                     core
                     business
                     operations
                     and improve
                     period-to-
                     period
                     comparability
                     of our
                     results from
                     our core
                     business
                     operations.


    (2)              Excludes the
                     impact of
                     SG&A
                     reconciling
                     item above.


                                              Group 1 Automotive, Inc.

                           Reconciliation of Certain Non-GAAP Financial Measures - Brazil

                                                     (Unaudited)

                                   (Dollars in thousands, except per share amounts)


                                                                                      Three Months Ended June 30,
                                                                                    ---------------------------

                                                                                    2015                    2014   % Change
                                                                                    ----                    ----   --------

    SG&A RECONCILIATION:

                                          As reported                              $14,063                 $22,148      (36.5)

                                            Pre-tax adjustments:

                                             Foreign transaction tax                     -                  (416)

                                          Adjusted SG&A (1)                        $14,063                 $21,732      (35.3)


    SG&A AS % REVENUES:

                                          Unadjusted                                  10.7                    11.1

                                          Adjusted (1)                                10.7                    10.9

    SG&A AS % GROSS PROFIT:

                                          Unadjusted                                  90.9                    96.9

                                          Adjusted (1)                                90.9                    95.1

    OPERATING MARGIN %

                                          Unadjusted                                   0.3                     0.1

                                          Adjusted (1), (2)                            0.7                     0.3

    PRETAX MARGIN %:

                                          Unadjusted                                 (0.4)                  (0.9)

                                          Adjusted (1), (2)                              -                  (0.7)


    SAME STORE SG&A RECONCILIATION:


                                          As reported                              $13,569                 $19,549      (30.6)

                                            Pre-tax adjustments:

                                             Foreign transaction tax                     -                  (416)

                                          Adjusted Same Store SG&A (1)             $13,569                 $19,133      (29.1)


    SAME STORE SG&A AS % REVENUES:

                                          Unadjusted                                  10.8                    10.5

                                          Adjusted (1)                                10.8                    10.3

    SAME STORE SG&A AS % GROSS PROFIT:

                                          Unadjusted                                  90.4                    94.7

                                          Adjusted (1)                                90.4                    92.7

    SAME STORE OPERATING MARGIN %

                                          Unadjusted                                   0.7                     0.3

                                          Adjusted (1), (3)                            0.7                     0.5




                                                                                     Six Months Ended June 30,
                                                                                     -------------------------

                                                                                    2015                    2014    % Change
                                                                                    ----                    ----   --------

    SG&A RECONCILIATION:

                                          As reported                              $28,798                 $40,838      (29.5)

                                            Pre-tax adjustments:

                                             Foreign transaction tax                     -                  (416)

                                          Adjusted SG&A (1)                        $28,798                 $40,422      (28.8)


    SG&A AS % REVENUES:

                                          Unadjusted                                  10.8                    10.8

                                          Adjusted (1)                                10.8                    10.7

    SG&A AS % OF GROSS PROFIT:

                                          Unadjusted                                  93.8                    96.1

                                          Adjusted (1)                                93.8                    95.1

    OPERATING MARGIN %:

                                          Unadjusted                                   0.1                     0.1

                                          Adjusted (1), (2)                            0.3                     0.3

    PRETAX MARGIN %:

                                          Unadjusted                                 (0.5)                  (0.8)

                                          Adjusted (1), (2)                          (0.3)                  (0.7)


    SAME STORE SG&A RECONCILIATION:


                                          As reported                              $27,519                 $35,876      (23.3)

                                            Pre-tax adjustments:

                                             Foreign transaction tax                     -                  (416)

                                          Adjusted Same Store SG&A (1)             $27,519                 $35,460      (22.4)


    SAME STORE SG&A AS % REVENUES:

                                          Unadjusted                                  10.7                    10.2

                                          Adjusted (1)                                10.7                    10.1

    SAME STORE SG&A AS % GROSS PROFIT:

                                          Unadjusted                                  91.4                    93.4

                                          Adjusted (1)                                91.4                    92.3

    SAME STORE OPERATING MARGIN %

                                          Unadjusted                                   0.6                     0.4

                                          Adjusted (1), (3)                            0.6                     0.6


    (1)              We have
                     included
                     certain non-
                     GAAP
                     financial
                     measures as
                     defined
                     under SEC
                     rules, which
                     exclude
                     certain
                     items.
                     These
                     adjusted
                     measures are
                     not measures
                     of financial
                     performance
                     under GAAP.
                     As required
                     by SEC
                     rules, we
                     provide
                     reconciliations
                     of these
                     adjusted
                     measures to
                     the most
                     directly
                     comparable
                     GAAP
                     measures.
                     We believe
                     that these
                     adjusted
                     financial
                     measures are
                     relevant and
                     useful to
                     investors
                     because they
                     improve the
                     transparency
                     of our
                     disclosure,
                     provide a
                     meaningful
                     presentation
                     of results
                     from our
                     core
                     business
                     operations
                     and improve
                     period-to-
                     period
                     comparability
                     of our
                     results from
                     our core
                     business
                     operations.


    (2)              Excludes the
                     impact of
                     SG&A
                     reconciling
                     items above,
                     as well as
                     non-cash
                     asset
                     impairment
                     charges of
                     $541 for the
                     three and
                     six months
                     ended June
                     30, 2015.


    (3)              Excludes the
                     impact of
                     SG&A
                     reconciling
                     items above.


                                                           Group 1 Automotive, Inc.

                                     Reconciliation of Certain Non-GAAP Financial Measures - CONSOLIDATED

                                                                 (Unaudited)

                                               (Dollars in thousands, except per share amounts)


                                                                      Three Months Ended June 30,
                                                                  ---------------------------

                                                                                     2015                   2014   % Change
                                                                                     ----                   ----   --------


    NET INCOME RECONCILIATION:

                 As reported                                                        $46,310                $16,862       174.6

                   Pre-tax adjustments:

                    Catastrophic events (5)                                             593                  1,039

                    Gain (loss) on real estate and dealership
                     transactions (6)                                                 (601)                 (316)

                    Severance costs (7)                                                 167                      -

                    Legal settlements (8)                                               610                    274

                    Foreign transaction tax (9)                                           -                   274

                    Non-cash asset impairment (10)                                      848                  1,067

                    Loss on extinguishment of long-term debt
                     (11)                                                                 -                20,778

                 Adjusted net income (1)                                            $47,927                $39,978        19.9


    ADJUSTED NET INCOME ATTRIBUTABLE TO DILUTED

                 COMMON SHARES RECONCILIATION:

                 Adjusted net income                                                $47,927                $39,978        19.9

                  Less: Adjusted earnings allocated to
                  participating securities                                            1,855                  1,456        27.4

                  Adjusted net income available to diluted
                  common shares                                                     $46,072                $38,522        19.6


     DILUTED INCOME PER COMMON SHARE RECONCILIATION:

                 As reported                                                          $1.91                  $0.62       208.1

                   Pre-tax adjustments:

                    Catastrophic events                                                0.02                   0.04

                    Gain (loss) on real estate and dealership
                     transactions                                                    (0.03)                (0.01)

                    Severance costs                                                    0.01                      -

                    Legal settlements                                                  0.03                   0.01

                    Foreign transaction tax                                               -                  0.01

                    Non-cash asset impairment                                          0.04                   0.04

                    Loss on extinguishment of long-term debt                              -                  0.76

                 Adjusted diluted income per share (1)                                $1.98                  $1.47        34.7


    SG&A RECONCILIATION:

                 As reported                                                       $280,567               $271,970         3.2

                   Pre-tax adjustments:

                    Catastrophic events                                               (951)               (1,676)

                    Gain (loss) on real estate and dealership
                     transactions                                                     1,052                    510

                    Severance costs                                                   (208)                     -

                    Legal settlements                                               (1,000)                 (442)

                    Foreign transaction tax                                               -                 (416)

                 Adjusted SG&A (1)                                                 $279,460               $269,946         3.5


    SG&A AS % REVENUES:

                 Unadjusted                                                            10.3                   10.8

                 Adjusted (1)                                                          10.2                   10.7

    SG&A AS % GROSS PROFIT:

                 Unadjusted                                                            71.7                   73.7

                 Adjusted (1)                                                          71.4                   73.1

    OPERATING MARGIN %

                 Unadjusted                                                             3.6                    3.4

                 Adjusted (1), (2)                                                      3.7                    3.5

    PRETAX MARGIN %:

                 Unadjusted                                                             2.7                    1.5

                 Adjusted (1), (2)                                                      2.8                    2.6


    SAME STORE SG&A RECONCILIATION:

                 As reported                                                       $259,189               $257,298         0.7

                   Pre-tax adjustments:

                    Catastrophic events                                               (951)               (1,676)

                    Gain (loss) on real estate and dealership
                     transactions                                                     (364)                     -

                    Legal settlements                                               (1,000)                 (442)

                    Foreign transaction tax                                               -                 (416)

                 Adjusted Same Store SG&A (1)                                      $256,874               $254,764         0.8


    SAME STORE SG&A AS % REVENUES:

                 Unadjusted                                                            10.4                   10.7

                 Adjusted (1)                                                          10.3                   10.6

    SAME STORE SG&A AS % GROSS PROFIT:

                 Unadjusted                                                            71.7                   72.9

                 Adjusted (1)                                                          71.1                   72.2

    SAME STORE OPERATING MARGIN %

                 Unadjusted                                                             3.6                    3.5

                 Adjusted (1), (4)                                                      3.7                    3.7




                                                                   Six Months Ended June 30,
                                                                   -------------------------

                                                                                     2015                   2014    % Change
                                                                                     ----                   ----   --------

    NET INCOME RECONCILIATION:

                 As reported                                                        $82,124                $48,165        70.5

                   Pre-tax adjustments:

                   Catastrophic events (5)                                              593                  1,039

                   Gain (loss) on real estate and dealership
                    transactions (6)                                                  (601)                 (316)

                   Severance costs (7)                                                  167                      -

                   Legal settlements (8)                                                610                    274

                   Foreign transaction tax (9)                                            -                   274

                   Non-cash asset impairment (10)                                       848                  1,067

                   Loss on extinguishment of long-term debt
                    (11)                                                                  -                20,778

                 Adjusted net income (1)                                            $83,741                $71,281        17.5


    ADJUSTED NET INCOME ATTRIBUTABLE TO DILUTED

                 COMMON SHARES RECONCILIATION:

                 Adjusted net income                                                $83,741                $71,281        17.5

                  Less: Adjusted earnings allocated to
                  participating securities                                            3,238                  2,613        23.9

                  Adjusted net income available to diluted
                  common shares                                                     $80,503                $68,668        17.2


     DILUTED INCOME PER COMMON SHARE RECONCILIATION:

                 As reported                                                          $3.38                  $1.80        87.8

                   Pre-tax adjustments:

                    Catastrophic events                                                0.02                   0.04

                    Gain (loss) on real estate and dealership
                     transactions                                                    (0.02)                (0.01)

                    Severance costs                                                    0.01                      -

                    Legal settlements                                                  0.02                   0.01

                    Foreign transaction tax                                               -                  0.01

                    Non-cash asset impairment                                          0.03                   0.04

                    Loss on extinguishment of long-term debt                              -                  0.77

                 Adjusted diluted income per share (1)                                $3.44                  $2.66        29.3



    SG&A RECONCILIATION:

                 As reported                                                       $552,037               $529,528         4.3

                   Pre-tax adjustments:

                    Catastrophic events                                               (951)               (1,676)

                    Gain (loss) on real estate and dealership
                     transactions                                                     1,052                    510

                    Severance costs                                                   (208)                     -

                    Legal settlements                                               (1,000)                 (442)

                    Foreign transaction tax                                               -                 (416)

                 Adjusted SG&A (1)                                                 $550,930               $527,504         4.4


    SG&A AS % REVENUES:

                 Unadjusted                                                            10.7                   11.1

                 Adjusted (1)                                                          10.7                   11.1

    SG&A AS % OF GROSS PROFIT:

                 Unadjusted                                                            73.1                   74.9

                 Adjusted (1)                                                          72.9                   74.6

    OPERATING MARGIN %:

                 Unadjusted                                                             3.5                    3.3

                 Adjusted (1), (2)                                                      3.5                    3.3

    PRETAX MARGIN %:

                 Unadjusted                                                             2.5                    1.8

                 Adjusted (1), (2)                                                      2.6                    2.4


    SAME STORE SG&A RECONCILIATION:

                 As reported                                                       $509,436               $499,467         2.0

                   Pre-tax adjustments:

                    Catastrophic events                                               (951)               (1,676)

                    Gain (loss) on real estate and dealership
                     transactions                                                     (364)                     -

                    Legal settlements                                               (1,000)                 (442)

                    Foreign transaction tax                                               -                 (416)

                 Adjusted Same Store SG&A (1)                                      $507,121               $496,933         2.1


    SAME STORE SG&A AS % REVENUES:

                 Unadjusted                                                            10.7                   11.0

                 Adjusted (1)                                                          10.7                   10.9

    SAME STORE SG&A AS % GROSS PROFIT:

                 Unadjusted                                                            73.1                   73.7

                 Adjusted (1)                                                          72.8                   73.3

    SAME STORE OPERATING MARGIN %

                 Unadjusted                                                             3.5                    3.4

                 Adjusted (1), (4)                                                      3.5                    3.5


    (1)                We have
                       included
                       certain non-
                       GAAP
                       financial
                       measures as
                       defined
                       under SEC
                       rules, which
                       exclude
                       certain
                       items.
                       These
                       adjusted
                       measures are
                       not measures
                       of financial
                       performance
                       under GAAP.
                       As required
                       by SEC
                       rules, we
                       provide
                       reconciliations
                       of these
                       adjusted
                       measures to
                       the most
                       directly
                       comparable
                       GAAP
                       measures.
                       We believe
                       that these
                       adjusted
                       financial
                       measures are
                       relevant and
                       useful to
                       investors
                       because they
                       improve the
                       transparency
                       of our
                       disclosure,
                       provide a
                       meaningful
                       presentation
                       of results
                       from our
                       core
                       business
                       operations
                       and improve
                       period-to-
                       period
                       comparability
                       of our
                       results from
                       our core
                       business
                       operations.


    (2)                Excludes the
                       impact of
                       SG&A
                       reconciling
                       items above,
                       as well as
                       non-cash
                       asset
                       impairment
                       charges for
                       all periods.


    (3)                Excludes the
                       impact of
                       SG&A
                       reconciling
                       items above,
                       non-cash
                       asset
                       impairment
                       charges for
                       all periods,
                       as well as
                       loss on
                       redemption
                       of long-
                       term debt of
                       $23,614 for
                       the three
                       and six
                       months ended
                       June 30,
                       2014.


    (4)                Excludes the
                        impact of
                        Same Store
                        SG&A
                        reconciling
                        items above,
                        as well as
                        non-cash
                        asset
                        impairment
                        charges of
                        $498 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        and $1,721
                        for the
                        three and
                        six months
                        ended June
                        30, 2014.


    (5)                Adjustment is
                        net of tax
                        benefit of
                        $359 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        and $637 for
                        the three
                        and six
                        months ended
                        June 30,
                        2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (6)                Adjustment is
                        net of tax
                        provision of
                        $452 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        and $194 for
                        the three
                        and six
                        months ended
                        June 30,
                        2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (7)                Adjustment is
                        net of tax
                        benefit of
                        $42 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (8)                Adjustment is
                        net of tax
                        benefit of
                        $390 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        and $168 for
                        the three
                        and six
                        months ended
                        June 30,
                        2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (9)                Adjustment is
                        net of tax
                        benefit of
                        $141 for the
                        three and
                        six months
                        ended June
                        30, 2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (10)               Adjustment is
                        net of tax
                        benefit of
                        $191 for the
                        three and
                        six months
                        ended June
                        30, 2015,
                        and $654 and
                        for the
                        three and
                        six months
                        ended June
                        30, 2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.


    (11)               Adjustment is
                        net of tax
                        benefit of
                        $2,836 for
                        the three
                        and six
                        months ended
                        June 30,
                        2014,
                        calculated
                        utilizing
                        the
                        applicable
                        federal and
                        state tax
                        rates for
                        adjustment.

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SOURCE Group 1 Automotive, Inc.