HOUSTON -

On Monday, Group 1 Automotive announced the acquisition of Joe Marina Honda in Tulsa, Okla., which now will operate as South Pointe Honda.

Group officials indicated the dealership is expected to generate $60 million in estimated annual revenues.

“We are delighted to further our relationship with Honda and to expand our existing footprint in the Tulsa market,” said Earl Hesterberg, Group 1’s president and chief executive officer.

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