Group 1 Automotive (GPI) 8-K Other Events

EXHIBIT 99.1

Selected Financial Data

     The following selected historical financial data as of December 31, 2008, 2007, 2006, 2005, and 2004, and for the five years in the period ended December 31, 2008, have been derived from our audited financial statements, subject to certain reclassifications to make prior years conform to the current year presentation. In addition, as discussed in Note 2 to our Consolidated Financial Statements, our financial statements as of December 31, 2008, 2007 and 2006 and the years then ended, included elsewhere in this Current Report on Form 8-K, have been adjusted for the retrospective application of Financial Accounting Standards Board Staff Position No. APB 14-1, “Accounting for Convertible Debt Instruments that may be Settled in Cash upon Conversion.” This selected financial data should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated Financial Statements and related notes included elsewhere in this Current Report on Form 8-K.

     We have accounted for all of our dealership acquisitions using the purchase method of accounting and, as a result, we do not include in our financial statements the results of operations of these dealerships prior to the date we acquired them. As a result of the effects of our acquisitions and other potential factors in the future, the historical financial information described in the selected financial data is not necessarily indicative of our results of operations and financial position in the future or the results of operations and financial position that would have resulted had such acquisitions occurred at the beginning of the periods presented in the selected financial data:

	Year Ended December 31,
	2008			2007			2006			2005			2004
	(In thousands, except per share amounts)
Income Statement Data:
Revenues	$	5,654,087		$	6,260,217		$	5,940,729		$	5,795,248		$	5,240,632
Cost of sales		4,738,426			5,285,750			5,001,422			4,892,521			4,440,665
Gross profit		915,661			974,467			939,307			902,727			799,967
Selling, general and administrative expenses		739,430			758,877			717,786			716,317			647,487
Depreciation and amortization expense		25,652			20,438			17,694			18,469			15,376
Asset impairments		163,023			16,784			2,241			7,607			44,711
Income (loss) from operations		(12,444	)		178,368			201,586			160,334			92,393
Other income and (expense):
Floorplan interest expense		(46,377	)		(46,822	)		(45,308	)		(36,840	)		(24,561	)
Other interest expense, net		(36,783	)		(30,068	)		(19,234	)		(14,712	)		(15,473	)
Gain (loss) on redemption of senior subordinated and convertible notes		18,126			(1,598	)		(488	)		—			(6,381	)
Other income, net		302			560			629			282			143
Income (loss) from continuing operations before income taxes		(77,176	)		100,440			137,185			109,064			46,121
Provision (benefit) for income taxes		(31,166	)		35,893			50,092			38,269			19,368
Income (loss) from continuing operations, before cumulative effect of a change in accounting principle		(46,010	)		64,547			87,093			70,795			26,753
Income (loss) related to discontinued operations, net of tax		(2,003	)		(1,132	)		(894	)		(526	)		1,028
Cumulative effect of a change in accounting principle, net of tax		—			—			—			(16,038	)		—
Net income (loss)	$	(48,013	)	$	63,415		$	86,199		$	54,231		$	27,781
Earnings per share:
Basic:
Income (loss) from continuing operations, before cumulative effect of a change in accounting principle	$	(2.04	)	$	2.77		$	3.61		$	2.97		$	1.17
Income (loss) related to discontinued operations, net of tax	$	(0.09	)	$	(0.04	)	$	(0.04	)	$	(0.03	)	$	0.05
Cumulative effect of a change in accounting principle	$	—		$	—		$	—		$	(0.67	)	$	—
Net income (loss)	$	(2.13	)	$	2.73		$	3.57		$	2.27		$	1.22
Diluted:
Income (loss) before cumulative effect of a change in accounting principle	$	(2.03	)	$	2.76		$	3.56		$	2.92		$	1.14
Income (loss) related to discontinued operations, net of tax	$	(0.09	)	$	(0.05	)	$	(0.03	)	$	(0.02	)	$	0.04
Cumulative effect of a change in accounting principle	$	—		$	—		$	—		$	(0.66	)	$	—
Net income (loss)	$	(2.12	)	$	2.71		$	3.53		$	2.24		$	1.18
Dividends per share	$	0.47		$	0.56		$	0.55		$	—		$	—
Weighted average shares outstanding:
Basic		22,513			23,270			24,146			23,866			22,808
Diluted		22,671			23,406			24,446			24,229			23,494

	December 31,
	2008			2007			2006			2005			2004
	(Dollars in thousands)
Balance Sheet Data:
Working capital	$	92,128		$	184,705		$	232,140		$	133,246		$	152,667
Inventories		845,944			878,168			807,332			736,877			853,474
Total assets		2,288,114			2,506,104			2,120,137			1,835,859			1,950,742
Floorplan notes payable — credit facility		693,692			648,469			423,007			393,459			474,134
Floorplan notes payable — manufacturer affiliates		128,580			170,911			279,572			309,528			348,295
Acquisition line		50,000			135,000			—			—			84,000
Mortgage facility		177,998			131,317			—			—			—
Long-term debt, including current portion		322,319			329,109			330,513			158,860			157,801
Stockholders’ equity		662,117			741,765			754,661			626,793			567,174
Long-term debt to capitalization(1)		45	%		45	%		30	%		20	%		30	%

(1) Includes the acquisition line, mortgage facility and other long-term debt.