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Asbury Automotive Group’s F&I revenue dips 4.3% in Q1

New-, used-vehicle sales slowed YoY

Aidan Bush

Poor weather conditions and tech integration contributed to year-over-year declines in finance and insurance revenue and sales for retailer Asbury Automotive in the first quarter. The Duluth, Ga.-based retailer’s finance and insurance (F&I) revenue fell 4.3% YoY to $179 million in Q1, according to its earnings release published April 28. However, F&I gross profit per […]

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