{"schema_version":"secwatch.filing_event.v1","accession":"0001031203-24-000020","form_type":"8-K","ticker":"GPI","cik":"0001031203","company_name":"GROUP 1 AUTOMOTIVE INC","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.158084+00:00","generated_at":"2026-06-04T05:41:36.390499+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Group 1 expands GM floorplan facility to $338.1M, adds 12 subsidiaries","bullets":["Twelve new subsidiaries join GM Floorplan Facility, raising max borrowing capacity from $84.5M to $338.1M.","Lender is GM Financial; facility covers new motor vehicles and demonstrator/courtesy vehicles.","Addendum effective March 25, 2024; subsidiaries include Bob Howard Chevrolet, GPI FL-G, and others.","Original three borrowers (GPI TX-G, GPI TX-GII, GPI TX-GIII) remain on the facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001031203-24-000020","json":"https://secwatch.observer/filing/0001031203-24-000020.json","markdown":"https://secwatch.observer/filing/0001031203-24-000020.md","text":"https://secwatch.observer/filing/0001031203-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031203/000103120324000020/0001031203-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031203/000103120324000020/gpi-20240325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:41:36.390499+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d65fa379f185db67f08516446a35c2439af070e2","claim":"GROUP 1 AUTOMOTIVE INC amended credit facility of increasing the maximum amount of floorplan financing indebtedness that may be incurred under the GM Floorplan Facility f with AmeriCredit Financial Services, Inc., doing business as GM Financial.","evidence_excerpt":"Effective March 25, 2024, twelve additional subsidiaries of the Company, BOB HOWARD AUTOMOTIVE-EAST, INC., BOB HOWARD CHEVROLET, INC., GPI FL-G, LLC, GPI GA-CGM, LLC, GPI MA-GM, INC., GPI NY-GMII, LLC, GPI TX-EPGM, INC., GPI TX-HGMII, INC., GPI TX-HGMIV, INC., HOWARD-GM, INC., LUBBOCK MOTORS-GM, INC. and MAXWELL-GMII, INC., entered into an Additional Borrower Addendum to Master Loan Agreement (the “ Addendum ” ) joining the GM Floorplan Facility as additional borrowers and increasing the maximum amount of floorplan financing indebtedness that may be incurred under the GM Floorplan Facility from $84.5 million to $338.1 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031203/000103120324000020/0001031203-24-000020-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"increasing the maximum amount of floorplan financing indebtedness that may be incurred under the GM Floorplan Facility f"},{"label":"Counterparty","value":"AmeriCredit Financial Services, Inc., doing business as GM Financial"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"19fa011b61ff17cd906752cdc849a2602d0ced18","claim":"GROUP 1 AUTOMOTIVE INC amended Additional Borrower Addendum to Master Loan Agreement with AmeriCredit Financial Services, Inc., doing business as GM Financial (effective 2024-03-25).","evidence_excerpt":"Effective March 25, 2024, twelve additional subsidiaries of the Company, BOB HOWARD AUTOMOTIVE-EAST, INC., BOB HOWARD CHEVROLET, INC., GPI FL-G, LLC, GPI GA-CGM, LLC, GPI MA-GM, INC., GPI NY-GMII, LLC, GPI TX-EPGM, INC., GPI TX-HGMII, INC., GPI TX-HGMIV, INC., HOWARD-GM, INC., LUBBOCK MOTORS-GM, INC. and MAXWELL-GMII, INC., entered into an Additional Borrower Addendum to Master Loan Agreement (the “ Addendum ” ) joining the GM Floorplan Facility as additional borrowers and increasing the maximum amount of floorplan financing indebtedness that may be incurred under the GM Floorplan Facility from $84.5 million to $338.1 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031203/000103120324000020/0001031203-24-000020-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"AmeriCredit Financial Services, Inc., doing business as GM Financial"},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}