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Home » Asbury Auto, Group 1 F&I revenue see double-digit YoY jump

Asbury Auto, Group 1 F&I revenue see double-digit YoY jump

New vehicle sales up 18% and 26%, respectively 

James Van BramerbyJames Van Bramer
February 6, 2025
in Earnings
Reading Time: 6 mins read
1
Variety of new cars ready for sale on a dealer lot

© Can Stock Photo / welcomia

Asbury Automotive and Group 1 Automotive saw double-digit year-over-year gains in finance and insurance profits in tandem with higher fourth-quarter sales.  Asbury Automotive’s finance and insurance (F&I) climbed 16% YoY in Q4 2024 to $198.5 million, according to the company’s Jan. 30 earnings release. F&I gross profit per unit (GPU) declined 3.1% YoY to $2,236.  […]

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