Asbury Automotive Group’s F&I revenue dips 4.3% in Q1
Poor weather conditions and tech integration contributed to year-over-year declines in finance and insurance revenue and sales for retailer Asbury ...
Tag: Asbury Automotive
Asbury Automotive realigns capital with 10-dealership sale
Asbury Automotive has completed the sale of 10 dealerships in Indiana, Missouri and South Carolina as part of its portfolio optimization strategy. The move generated about ...
Driveway Finance originations jumped 43.5% YoY
Driveway Finance Corp., Lithia Motors’ finance arm, grew originations 43.5% year over year in the fourth quarter, while dealerships Lithia, Penske Automotive Group and Asbury Automotive posted ...
Capizzano joins Open Lending from Axos Bank
Anthony Capizzano, formerly senior vice president of consumer lending at Axos Bank, today was named chief growth officer at Open Lending. After overseeing lending, operations and collections at Axos for ...
Penske, Asbury Auto, Group 1 F&I revenue jumps in Q3
Auto retailers saw rising finance and insurance revenue in the third quarter, despite mixed retail sales across new and used ...
Podcast: Carvana’s sales surge in Q2, Ford Credit, retailers’ results mixed
Auto companies saw mixed results in the second quarter related to sales and finance volume, as Carvana’s originations surged, Ford ...
Asbury Auto F&I revenue down 1.4% in Q1
Asbury Automotive saw slight year-over-year declines in finance and insurance profits in the first quarter as it prepared to expand. ...
GM appoints Turovsky as first chief AI officer
Barak Turovsky has joined General Motors as its first chief AI officer, according to a post shared to his LinkedIn ...
