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Group 1 Automotive GPI U.K. — Asset impairments
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Where this comes from
Reported directly by Group 1 Automotive in its filing.
Tagged under the XBRL concept gpi:AssetImpairmentChargesContinuedOperations.
The source filing: Group 1 Automotive’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 3:41 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001031203-26-000107
| Line item | U.S. | U.K. | Total |
|---|---|---|---|
| Cost of sales | $3,116.6 | $1,412.6 | $4,529.2 |
| SG&A expenses | $418.2 | $182.4 | $600.6 |
| Depreciation and amortization expense | $23.4 | $7.8 | $31.1 |
| Asset impairments | $1.9 | $0.6 | $2.5 |
| Restructuring charges | — | $1.0 | $1.0 |
| Floorplan interest expense | $16.2 | $7.1 | $23.3 |
| Other interest expense, net | $42.9 | $5.9 | $48.8 |
| Income before income taxes | $144.6 | $25.9 | $170.5 |
Item 1. Financial Statements
FAQ
- What is Group 1 Automotive's U.K. — asset impairments?
- Group 1 Automotive (GPI) reported U.K. — asset impairments of $600K in Q1 2026.
- How has Group 1 Automotive's U.K. — asset impairments changed year-over-year?
- Group 1 Automotive's U.K. — asset impairments decreased by 77.8% year-over-year, from $2.7M to $600K.
- What does U.K. — asset impairments mean?
- Represents the non-cash charge recognized when the carrying value of long-lived assets within the UK segment exceeds their fair value. This metric indicates potential operational challenges or a decline in the economic viability of specific dealership assets or intangible holdings in the region.
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