Sonic Automotive’s powersports finance and insurance revenue rose in the third quarter as vehicle sales increased and management signaled plans for additional acquisitions. Powersports finance and insurance (F&I) revenue reached $4.7 million, up 42.4% year over year, according to the retailer’s Oct. 29 earnings release. F&I gross profit per unit (GPU) increased 7.7% YoY to […]
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