Group 1 Automotive at Thomson Reuters Autos Summit Transcript - Transcript - 2009/11/02 - Thomson StreetEvents

Report title: Group 1 Automotive at Thomson Reuters Autos Summit Transcript

from Thomson StreetEvents
15 page (8003 word) report published Nov 02, 2009

Price $54.00 available for immediate download

Report Overview

Search Inside

About Thomson StreetEvents

Abstract:

Final Transcript of GPI presentation, 2-Nov-09 1:00pm ET

Brief Excerpt:

...Thomson Reuters Journalist I know your time is limited; thank you for joining us. If I could ask you first what you are seeing as we close out the month of October and what that portends for 2010? Earl Hesterberg - Group 1 Automotive - President, CEO Well, unfortunately, I haven't really seen anything during the month of October that makes me optimistic that there is any rebound in consumer spending. And since the Cash for Clunkers program ended sometime near the end of August, from our experience the market pretty well reverted back to demand levels that we saw before Cash for Clunkers program was implemented. In fact, I was even in our dealerships this weekend in Oklahoma, virtually all of them in Oklahoma City and Tulsa, and the experience is pretty consistent. Traffic is not much better in October -- in fact, not at all better in October than September. What is a little bit better is the supply of vehicles, the new vehicle inventory. I think there were significant numbers of lost sales...

Report Type:

Transcript

Source:

Thomson StreetEvents

Company:

Group 1 Automotive

Ticker:

GPI

Time:

1:00pm ET

Free Sample:

Click Here to Download

Format:

PDF

Enter the keyword(s) which you would like to search for within this document and click "Search"

Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

Also from Thomson StreetEvents

Group 1 Automotive Q3 2009 Earnings Conference Call Summary $54.00
Edited Brief of GPI earnings conference call or presentation, 27-Oct-09 10:00am ET
Group 1 Automotive Q3 2009 Earnings Conference Call Transcript $54.00
Final Transcript of GPI earnings conference call or presentation, 27-Oct-09 10:00am ET
Group 1 Automotive at Bank of America Securities Smid Cap Conference Transcript $54.00
Final Transcript of GPI presentation, 22-Sep-09 1:40pm ET
Group 1 Automotive Q2 2009 Earnings Conference Call Summary $54.00
Edited Brief of GPI earnings conference call or presentation, 28-Jul-09 10:00am ET
Group 1 Automotive Q2 2009 Earnings Conference Call Transcript $54.00
Final Transcript of GPI earnings conference call or presentation, 28-Jul-09 10:00am ET
Group 1 Automotive at Wachovia Annual Mid-Year Equity Conference Transcript $54.00
Final Transcript of GPI presentation, 24-Jun-09 8:00am ET
Group 1 Automotive at Stephens Spring Investment Conference Transcript $54.00
Final Transcript of GPI presentation, 2-Jun-09 8:30am ET
Group 1 Automotive Q1 2009 Earnings Conference Call Summary $54.00
Edited Brief of GPI earnings conference call or presentation, 28-Apr-09 10:00am ET

Price: $54.00

Free Sample

Questions about
this research?

Send page to a friend

Return to
Alacra Company Snapshot

Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.