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Home » Group 1 F&I profits increase 26% in 2021

Group 1 F&I profits increase 26% in 2021

The public dealer group completed its acquisition of Prime Auto Group in Q4

Whitney McDonaldbyWhitney McDonald
February 10, 2022
in Earnings
Reading Time: 2 mins read
0
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© Can Stock Photo / kentoh

Group 1 Automotive posted strong finance and insurance (F&I) profits in the fourth quarter of 2021, credited to high vehicle sales demand, strong margins and controlled expenses. The dealer group’s U.S. F&I revenue increased 16.7% year over year and 4% sequentially to $135.6 million in Q4, according to Group 1’s earnings report. For yearend 2021, […]

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Tags: acquisitionfinance and insuranceGroup 1 AutomotivePremium
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