Group 1 Automotive | Auto Finance News

The Rivian R1T electric vehicle (EV) pickup truck outside the company's manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Rivian Automotive Inc. produced 2,553 vehicles in the first quarter as the maker of plug-in trucks contended with a snarled supply chain and pandemic challenges.

Electric-pickup maker Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near ...

Lithia Motors’ Q1 F&I revenue climbs 58% YoY

byWhitney McDonald

April 20, 2022

Lithia Motors’ finance and insurance (F&I) revenue increased for the sixth consecutive quarter to kick off 2022 as the retailer ...

FTC hits Illinois auto dealer with $10M UDAP settlement

byWhitney McDonald

April 5, 2022

Eight dealerships and one general manager under Illinois-based Ed Napleton Automotive Group are settling with the Federal Trade Commission (FTC) ...

Sonic Automotive’s 2021 vehicle sales show YoY increase

byWhitney McDonald

February 16, 2022

Despite year-over-year declines in fourth-quarter vehicle sales, Sonic Automotive’s sales volume and finance and insurance (F&I) revenue increased YoY at ...

Asbury Automotive’s F&I revenue jumps 32% in 2021

byWhitney McDonald

February 15, 2022

Asbury Automotive is the fourth auto retailer to post finance and insurance (F&I) revenue growth in the fourth quarter of ...

Group 1 F&I profits increase 26% in 2021

byWhitney McDonald

February 10, 2022

Group 1 Automotive posted strong finance and insurance (F&I) profits in the fourth quarter of 2021, credited to high vehicle ...

Penske Automotive CEO floats captive finance opportunity

byAmanda Harris

February 10, 2022

Penske Automotive Chief Executive Roger Penske sees the opportunity to add its own captive finance company to the automotive retailer’s ...

2021: The year of M&A in auto finance

byJoey Pizzolato

December 29, 2021

If 2021 had a catchphrase, it might as well be “The Year of Mergers and Acquisitions.” Original equipment manufacturers and ...

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Search Results for 'Group 1 Automotive'

Rivian wins $1.5 billion incentive package for Georgia plant

Lithia Motors’ Q1 F&I revenue climbs 58% YoY

FTC hits Illinois auto dealer with $10M UDAP settlement

Sonic Automotive’s 2021 vehicle sales show YoY increase

Asbury Automotive’s F&I revenue jumps 32% in 2021

Group 1 F&I profits increase 26% in 2021

Penske Automotive CEO floats captive finance opportunity

2021: The year of M&A in auto finance

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