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Home » F&I revenue results mixed in Q2, Penske pauses captive push

F&I revenue results mixed in Q2, Penske pauses captive push

Asbury, Group 1, Penske and Sonic Automotive reported Q2 results

Riley WolfbauerbyRiley Wolfbauer
September 18, 2024
in Earnings
Reading Time: 4 mins read
0
F&I revenue results mixed in Q2, Penske pauses captive push

© Can Stock Photo / aremac

Finance and insurance (F&I) revenue in the second quarter decreased year over year at two of the largest automotive retailers, marking the first departure from soaring F&I revenue trends over the past two years.      Sonic Automotive joined AutoNation in posting a YoY F&I revenue decrease in Q2 amid mixed changes in days’ supply of new […]

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Tags: Asbury AutomotiveAutoNationcaptive financingearningsfinance and insuranceGroup 1 AutomotivePenske Automotive GroupPremiumretailer earningsSonic Automotive
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