Group 1 Automotive Archives

Publicly traded auto retailers posted mixed results on finance and insurance revenue in the third quarter as floorplan interest expense ...

Group 1 F&I revenue flat as floorplan expense surges

byAmanda Harris

July 26, 2023

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Group 1 Automotive’s finance and insurance profits remained steady in the second quarter as finance penetration decreased amid high interest ...

A Nissan Motor Co. badge on the wheel hub of an Ariya electric crossover sport utility vehicle (SUV) during a test driving event in Tokyo, Japan, on Monday, April 17, 2023. Renault SA is set to cut its holding in Nissan to 15% from 43%, while Nissan intends to take a stake of as much as 15% in Renaults EV business, Ampere.

Nissan names senior director of EV strategy, and other staff moves…

byAmanda Harris, Joey Pizzolato and Riley Wolfbauer

June 21, 2023

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Nissan names Jung senior director of EV strategy and transformation Nissan has appointed Trisha Jung as senior director of EV ...

Customers view a vehicle for sale at a Ford Motor Co. dealership in Richmond, California, U.S., on Thursday, July 1, 2021. The global semiconductor shortage that hobbled auto production worldwide this year is leaving showrooms with few models to showcase just as U.S. consumers breaking free of pandemic restrictions are eager for new wheels.

Group 1, Penske F&I revenue falters as floorplan expenses increase

byJoey Pizzolato

April 26, 2023

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Finance and insurance revenue at Group 1 and Penske Automotive dipped in the first quarter, snapping a streak dating back ...

American Credit Acceptance names new CEO and COO, and other staff moves

byRiley Wolfbauer

April 4, 2023

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American Credit Acceptance names Bynum CEO Subprime automotive lender American Credit Acceptance promoted Jason Bynum to chief executive and Tori ...

Retailers see triple-digit increase in floorplan expense

byRiley Wolfbauer

September 18, 2024

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Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

F&I revenue surges across the board in Q3

byAmanda Harris

September 18, 2024

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Finance and insurance (F&I) revenue jumped up on a year-over-year basis at each of the major automotive retailers in the ...

Ford makes 7 EV leadership changes, and other staff moves

byRiley Wolfbauer

October 4, 2022

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Ford makes leadership changes Ford Motor Co. announced multiple leadership changes to support the development of its line of electric ...

Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Tag: Group 1 Automotive

Retailers’ F&I revenue mixed in Q3

Group 1 F&I revenue flat as floorplan expense surges

Nissan names senior director of EV strategy, and other staff moves…

Group 1, Penske F&I revenue falters as floorplan expenses increase

American Credit Acceptance names new CEO and COO, and other staff moves

Retailers see triple-digit increase in floorplan expense

F&I revenue surges across the board in Q3

Ford makes 7 EV leadership changes, and other staff moves

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