Group 1 Automotive presents at virtual 2020 J.P. Morgan Auto Conference

Group 1 Automotive gave a presentation at the 2020 J.P. Morgan Auto Conference.
Group 1 Automotive gave a presentation at the 2020 J.P. Morgan Auto Conference. | Pixabay

Group 1 Automotive, Inc. participated in the virtual 2020 J.P. Morgan Auto Conference Aug. 11.

The auto company’s presentation was scheduled to commence at 2:20 p.m. EST, according to group1corp.com.

The senior management discussed Group 1 Automotive’s latest business report including the impact of COVID-19 in the U.S. and the U.K. as well as the company’s current market status in Brazil and consolidated financial results.

A softcopy of Group 1 Automotive’s presentation material that was provided at the conference and was accessible to all participants, will likewise be available at the company's website.

In its recent 2020 second quarter business update, Group 1 has noted significantly improving market conditions in May and June. It also hopes that its vehicle sales and service performance in the country will help gain operational earnings by being able to offset the financial challenges encountered in the U.K. and Brazil.

The virtual 2020 J.P. Morgan Auto Conference ends Wednesday, Aug.12.