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Daryl Kenningham

Chief Executive Officer, President & Director, Group 1 Automotive, Inc.

Search every verified Daryl Kenningham interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Daryl Kenningham, president and CEO of Group 1 Automotive, has discussed the company's quarterly earnings and the state of the auto retail industry in several CNBC appearances. In January 2025, he commented on stronger-than-expected Q4 results, stating that the company expected a "pretty good 2025" with industry sales forecasts exceeding 16.5 million units. He noted that consumer demand was holding up, margins were healthy, and inventories were in good shape, while also observing that manufacturer incentives had increased compared to the prior two years. Kenningham said that hybrid vehicles were the "hottest thing in the market," with EV demand declining to low single digits in most of the country, and that customers still preferred large trucks and SUVs. In earlier appearances, Kenningham addressed challenges facing the industry, including used car pricing pressure, the impact of the UAW strike, and EV adoption. He stated that "ICE is alive and well" and that the industry remained only about 7% EV, while also noting that EVs were becoming a more significant part of the business. He described the company as being in a "buy mode" for acquisitions, with a strategy focused on expanding in clusters rather than building a nationwide network. Kenningham also mentioned that Group 1 was making multi-million-dollar infrastructure investments to support EVs across its brands and that the company had added new leadership team members, including an M&A team, to support growth initiatives.

Recent appearances

  • Group 1 Automotive CEO Daryl Kenningham on Q4 results: The consumer is holding up

    January 29, 2025 · 📺 CNBC Television

    Group 1 Automotive president and CEO Daryl Kenningham joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the auto retail industry, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc…

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  • Group 1 Automotive CEO on Q2 results: Really exceptional performance by the team

    July 24, 2024 · 📺 CNBC Television

    Group 1 Automotive president and CEO Daryl Kenningham joins 'Squawk Box' to discuss the company's quarterly earnings results, impact of the CDK outage, state of the consumer, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: h…

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  • Hybrid vehicles are the hottest thing in the market right now, says Group 1 Automotive CEO

    April 24, 2024 · 📺 CNBC Television

    Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the state of the auto market, price trends for new and used cars, consumer demand for EV and hybrid vehicles, and more.

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  • Group 1 Automotive CEO Daryl Kenningham expects to see continued pressure on used car pricing

    December 21, 2023 · 📺 CNBC Television

    Group 1 Automotive CEO Daryl Kenningham joins 'Power Lunch' to discuss the state of the auto industry and more.

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  • The 4 Billion Dollar Dealer | Daryl Kenningham

    December 19, 2023 · 📺 Car Dealership Guy

    In this episode, I'm speaking with Daryl Kenningham, CEO at Group 1 Automotive This episode is brought to you by: Cars Commerce - The platform to simplify everything about buying and selling cars. To learn how you can measure and improve your team’s follow-up performance, visit https://carscommerce.inc/experience-r... Dealer Image Pro - A car with bad photos sends the wrong message about your dealership. Photo Assistant improves your photos and increases speed-to-market. Visit http://makemyphotosgreatagain.com/ to learn more. Interested in advertising with CarDealershipGuy? Drop us a line…

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  • Group 1 Automotive CEO Daryl Kenningham on earnings results, impact of UAW strike and EV demand

    October 25, 2023 · 📺 CNBC Television

    Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the company's earnings results, with both earnings and sales topping expectations, impact of UAW strike, EV demand, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News O…

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  • Group 1 Automotive CEO: Seeing some EV supply constraints with manufacturers

    July 07, 2023 · 📺 CNBC Television

    Daryl Kenningham, Group 1 Automotive CEO, joins 'Squawk on the Street' to discuss the balance in demand and supply for electric vehicles, the current market for used cars, and the scarcity of service technicians. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News…

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  • Episode 5 - Group 1 CEO Daryl Kenningham

    April 25, 2023 · 📺 Presidio Studios

    In this fifth episode of Presidio's Podcast, Full Throttle, Presidio host Jason Stein interviews Daryl Kenningham, CEO of Group 1 ...

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →