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Home » AutoNation to purchase its forthcoming captive

AutoNation to purchase its forthcoming captive

F&I revenue increased 16.3% YoY

Amanda HarrisbyAmanda Harris
April 22, 2022
in Earnings
Reading Time: 3 mins read
0
AutoNation to purchase its forthcoming captive

(Courtesy/Can Stock Photo/welcomia)

AutoNation is inching closer to buying a captive finance arm as the retailer’s F&I revenue increases. Chief Executive Mike Manley first announced AutoNation was seriously pursuing a captive in February, marking the third dealership in less than a year to take that step — Asbury Automotive and Penske Automotive previously announced similar intentions. Vroom, too, […]

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