Group 1 automotive acquires high volume toyota dealership in austin, texas

Houston, march 7, 2022 /prnewswire/ -- group 1 automotive, inc. (nyse: gpi) ("group 1" or the "company"), an international, fortune 300 automotive retailer with 201 dealerships located in the u.s. and u.k., today announced the acquisition of charles maund toyota in austin, texas. the dealership, which will be renamed toyota of north austin, is ranked in the top 20 nationally in toyota new vehicle volume, and adds to the company's strong portfolio of 13 franchises in the fast-growing central texas market area consisting of austin and san antonio.
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