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Retailers’ F&I revenue mixed in Q3

F&I GPU fell across the board

Riley Wolfbauer

Publicly traded auto retailers posted mixed results on finance and insurance revenue in the third quarter as floorplan interest expense rose for three of the four retailers.  Group 1 Automotive, Lithia Motors and Penske Automotive recorded year-over-year increases in F&I revenue in Q3, with Group 1 having the greatest increase of 7%  to $199.4 million, […]

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