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Group 1 Automotive announces expansion of U.S. portfolio

Group 1 Automotive announced the expansion of its U.S. portfolio in the greater Baltimore/Washington DC market, the sixth largest metropolitan area in the United States. The acquisition includes Toyota, Honda, Hyundai, and Kia new vehicle dealerships; one Toyota Certified pre-owned center; and three collision centers. The group includes the two highest volume Honda dealerships in the state of Maryland. The dealerships are expected to generate over $500M in annual revenues.

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