Group 1, Penske Automotive report dips in F&I revenue
Retailers Group 1 Automotive, Sonic Automotive and Penske Automotive reported declines in new-vehicle sales and mixed finance and insurance revenue ...
Tag: Penske Automotive Group
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 ...
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 ...
Penske F&I revenue dips 3.8%, days’ supply down
Penske Automotive’s finance and insurance revenue dropped in the first quarter as used inventory shrank. Finance and insurance (F&I) revenue ...
Sonic Auto F&I revenue up 14.8% YoY, Penske down 2.1% YoY
Auto retailers Sonic Automotive and Penske Automotive reported mixed results in finance and insurance revenue in the fourth quarter as ...
Auto stocks climb 43.8% year over year (Big Wheels)
Auto stocks rose sequentially and year over year in November as stock performance varied among automotive lenders and retailers. ...
AutoNation Finance originations exceed $700M
AutoNation Finance’s year-to-date originations grew to more than $700 million in the third quarter, fueling optimism that the financier will ...
