Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Finance and insurance revenue at Group 1 and Penske Automotive dipped in the first quarter, snapping a streak dating back to late 2020 as floorplan interest expense surged. Group 1 Automotive finance and insurance (F&I) revenue dropped 4.6% year over year to $165.1 million, according to the company’s earnings presentation. F&I same-store gross profit per […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
