US giant Group 1 Automotive has signalled further job losses in the UK in 2026 as it continues a major restructuring programme, despite reporting record annual revenues for 2025. The dealer group, which operates 254 showrooms across the US and UK, said it expects to take ‘additional actions in 2026’ to further optimise its UK operations and reduce costs. Group 1 announced it was restructuring its business in October 2025 and booked $8.1m (£6.4m) in UK restructuring charges during the fourth quarter. The news of further UK job losses came as the business published its financial results for the fourth quarter and full-year 2025. We achieved record revenues across all of our major business lines and record gross profits in parts and service and F&I.’However, profitability fell compared with 2024.