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Home » Protection products drive F&I profit at AutoNation

Protection products drive F&I profit at AutoNation

F&I gross revenue increased 32.7% YoY

Joey PizzolatobyJoey Pizzolato
April 22, 2021
in Earnings
Reading Time: 1 min read
0
Honda appoints Japan R&D chief Toshihiro Mibe as new CEO

Photographer: David Paul Morris/Bloomberg

Vehicle protection products (VPP) are driving finance and insurance gross profit per vehicle retailed (PVR) at AutoNation in the first quarter. Approximately 33% of finance and insurance (F&I) gross profit PVR was generated by VPPs, according to the company’s earnings presentation this week. F&I revenue shot up 32.7% year over year in the first quarter […]

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