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As of 2021, Group 1 is ranked as the fourth largest automotive retailer in the United States, operating 202 dealerships and representing brands such as BMW, Volkswagen, Ford, Toyota, Audi, Mercedes-Benz, Honda, Chrysler, Dodge, Jeep, Ram, GMC, Nissan, Land Rover, Acura, Buick, Chevrolet, and Lexus among many others.
Sonic purchased two dealerships from PPE Houston in January 2007. The acquisition of the Land Rover and Jaguar stores brought Sonic to 173 franchises and 37 collision repair centers. [15] Sonic halted its acquisition strategy during the Great Recession, but returned to acquiring new locations in order to drive growth in 2013. [16]
From 1995, other marques were added with the acquisition of Mercedes-Benz, Ferrari and Audi franchises in Bristol, Loughborough and Leeds. In 1996 the group opened Land Rover, Jeep and Porsche dealerships in Stockport and Reading. The group floated on the London Stock Exchange in 1997, as the Sytner Group PLC. [8]
Ford acquired Land Rover from BMW in 2000 after the break-up of the former Rover Group. On 18 September 2006, Ford announced the purchase of the rights to use the Rover name. BMW had licensed the Rover name to MG Rover Group from 2000 until 2005, when MG Rover collapsed after a failed merger with SAIC. As part of Ford's initial purchase of Land ...
Jaguar Land Rover Automotive is a public limited company incorporated under the laws of England and Wales (Company No. 06477691). The immediate parent of Jaguar Land Rover Automotive is TML Holdings, Singapore and the ultimate parent undertaking and controlling party is Tata Motors of India. [44]
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