Sonic, Group 1 F&I profits soar in Q3 despite low inventory
Auto retailers continue to see strong profits amid crunched inventory and strong consumer demand, evidenced by the increases in finance ...
Auto retailers continue to see strong profits amid crunched inventory and strong consumer demand, evidenced by the increases in finance ...
Vehicle sales and financing revenue were hit hard from April to June as production ground to a halt amid the ...
The coronavirus spurred one of the worst periods for vehicle sales in markets across the globe. When the COVID-19 virus ...
Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop amid the coronavirus pandemic, ...
Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...
AutoNation ramped up its finance and insurance revenue last year, increasing 4.3% to $1.02 billion by yearend, thanks to strong ...
Group 1 Automotive has extended its $1.8 billion revolving syndicated credit facility with 23 financial institutions, including four captive finance ...
On Thursday, Penske Automotive Group reported barely higher average F&I revenue per vehicle of $1,098, up $2 from a year ago, making ...