Two Directors Re-Elected to Group 1 Automotive Board
3 June 1998
Two Directors Re-Elected to Group 1 Automotive BoardMcCall, Bidwell to Serve Three-Year Terms HOUSTON, June 3 -- Group 1 Automotive, Inc., , a leading operator and consolidator in the automotive retailing industry, announced the re-election of two directors for three-year terms. The election was held at the company's annual meeting. Sterling B. McCall Jr., 63, has served as a director of Group 1 since August 1996. McCall has 29 years of automotive retailing experience and Sterling McCall Toyota, a Group 1 dealership, is the second largest Toyota dealership in the country. He is a former director of the American International Automobile Dealers Association, a former director and chairman of the Houston Automobile Dealers Association and a former chairman of the Gulf States Toyota Dealer Council. McCall has won the Time Magazine Quality Dealer Award and the Sports Illustrated Dealer of Distinction Award. Bennett E. Bidwell, 70, was elected a director of Group 1 in June 1997. He is the former chairman of Chrysler Motors Corporation, spent 27 years with Ford Motor Company and was president and chief operating officer of The Hertz Corporation. Bidwell currently serves as a director of International Management Group, Budd Company and Kelly Management Group. "I am very pleased that Sterling and Ben have been re-elected to the board," stated B.B. Hollingsworth Jr., Group 1's chairman, president and chief executive officer. "Both have been instrumental in the success of Group 1 and their expertise in automotive retailing will be invaluable as we continue to expand our operations." Group 1 was founded to become a leading operator and consolidator in the highly fragmented automotive retailing industry. Upon completion of one previously announced acquisition, Group 1 will own 60 dealership franchises comprised of 24 different brands, and 12 collision service centers located in Texas, Oklahoma, New Mexico, Colorado, Florida and Georgia. Through its dealerships, the company sells new and used cars and light trucks, provides maintenance and repair services, sells replacement parts and arranges related financing, insurance and service contracts. Group 1 Automotive, Inc. can be reached on the Internet at http://www.group1auto.com