Group 1 Automotive, Inc. (NYSE:GPI) Q4 2023 Earnings Call Transcript

Page 4 of 4

Daryl Kenningham: I guess the answer to all of that is yes, Rajat. We saw, there was nothing that really stood out as one brand going completely different way than every other brand. But we saw we’re down $1,212 year-over-year in PRUs on the new car side. So – and that trend has seemed to just continue, since we’ve come out of COVID. And so, we’re still seeing that. It’s generally across the board on the brands with Stellantis, we’re heavy in inventory there. So, there’s a little pressure on that, obviously. But, we’re only 4% mix of Stellantis. So, hopefully, that won’t hurt us too bad.

Rajat Gupta: Got it. That’s helpful. Thank you.

Operator: And ladies and gentlemen, with that, we’ll be concluding today’s question-and-answer session, as well as today’s presentation. We thank everyone for joining. Have a great day. You may now disconnect your line.

Follow Group 1 Automotive Inc (NYSE:GPI)

Page 4 of 4