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AutoNation Finance penetration reaches 20% in June

F&I revenue up 0.5% YoY

Riley Wolfbauer

AutoNation Finance’s loan penetration increased in AutoNation storefronts during the second quarter while finance and insurance revenue ticked up and new-vehicle sales increased at the retailer.   AutoNation Finance, previously CIG Financial, originated 20% of its loans in AutoNation USA stores during June, Chief Financial Officer Joe Lower, said on the retailer’s Q2 earnings call […]

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