Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop amid the coronavirus pandemic, according to first-quarter earnings reports released today. F&I revenue performance was mixed between the two retailers. Asbury Automotive increased its cash and cash equivalents by a staggering 11,003% during the first quarter in response to […]
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David Thompson
David Thompson
David Thompson
