Group 1 Automotive (GPI) Q2 2025 Earnings Call July 24, 2025 10:00 AM ET Company ParticipantsPete DeLongchamps - Senior Vice President-Manufacturer Relations, Financial Services and Public AffairsDaryl Kenningham - CEO, President & DirectorDaniel McHenry - SVP & CFORajat Gupta - ED - AutosDaniela Haigian - VP & Equity ResearchFederico Merendi - Equity Research AssociateJeff Lick - Managing DirectorBret Jordan - Managing DirectorConference Call ParticipantsMichael Ward - AnalystDavid Whiston - Senior Analyst ...

Core Viewpoint - The collaboration between Beijing Hyundai and Baiyuan Precision Maintenance marks an innovative partnership in the automotive after-sales service sector, focusing on technical cooperation and service expansion [3][20]. Group 1: Collaboration Details - The meeting resulted in an agreement to authorize Baiyuan stores to conduct pilot services for Beijing Hyundai models, indicating a shift towards collaboration between manufacturers and third-party repair chains [3][20]. - The Beijing Hyundai delegation visited Baiyuan's 1500 square meter "store within a store" service base, which integrates three major brand modules to create a comprehensive service matrix [6][20]. - The collaboration aims to explore a framework for "authorized repairs + technical co-research," and to develop an upgrade plan for new energy vehicle repairs [15][16]. Group 2: Service Capabilities - Baiyuan Precision Maintenance operates a network of 2500 stores, providing a full range of services including oil changes, repair of 38 types of wear parts, and maintenance of seven major systems [13][18]. - The collaboration will enhance service professionalism by integrating Beijing Hyundai's technical standards into Baiyuan's service offerings, thereby optimizing repair costs in a competitive market [20]. Group 3: Industry Impact - This partnership breaks down technical barriers between manufacturers and independent service providers, setting a benchmark for standardization and transparency in the automotive aftermarket [20]. - The initiative promotes a transition from "dispersed competition" to "collaborative win-win" in the industry, paving the way for deeper cooperation between manufacturers and automotive service chains [20].