Group 1 Announces Plans to Webcast Second-Quarter Earnings Conference Call

    HOUSTON, July 11 Group 1 Automotive, Inc. , a
Fortune 500 company in the automotive retailing industry, today announced it
plans to conduct a conference call following the release of financial results
for the second quarter ended June 30, 2001.  The company will release earnings
before the market opens on Thursday, July 26, 2001.  B.B. Hollingsworth Jr.,
Group 1's chairman, president and chief executive officer, and Scott L.
Thompson, senior vice president, chief financial officer and treasurer, will
host the conference call the same day at 10:00 a.m. Eastern Daylight Time.
    The conference call will be simulcast live on the Internet, and can be
accessed by logging onto http://www.vcall.com or http://www.ccbn.com .  A replay will be
available at this site, as well as on the company's website,
http://www.group1auto.com , for 30 days.
    Group 1 is a leading operator in the automotive retailing industry.  The
company has revenues of $3.6 billion, and owns 59 dealerships comprised of 100
franchises, 30 different brands, and 22 collision service centers located in
Texas, Oklahoma, Florida, New Mexico, Colorado, Georgia, Louisiana and
Massachusetts.  Through its dealerships and Internet sites, the company sells
new and used cars and light trucks, arranges related financing, vehicle
service and insurance contracts, provides maintenance and repair services and
sells replacement parts.
    For additional information regarding Group 1 Automotive free of charge via
fax, dial 1-800-PRO-INFO and use the company's stock symbol, "GPI."
    Group 1 Automotive, Inc. can be reached on the Internet at
http://www.group1auto.com .