The Industry's Leading Source For F&I, Sales And Technology

Top News

TAG SEARCH RESULT: F&I profit

1  -  15  of  15

October 31, 2017 - Industry News

Asbury: Q3 Revenue, Gross Profit Down Due to Hurricanes

Total revenue and gross profit were down 5% and 2% from a year ago, respectively, with Hurricane Irma having a significant impact on sales in the group’s core Florida and Georgia markets. F&I was a bright spot, with total gross profit up 4% and the group’s per-copy average increasing by $142 from a year ago to $1,547.

Tags: Asbury Automotive, F&I profit, Hurricane Harvey, Hurricane Irma, new-vehicle sales, public dealer, used-vehicle sales

May 3, 2017 - Industry News

Group 1: Earnings Hurt by 'Extreme Weakness' in Oil-Dependent States

Not even another strong performance in U.S. new-vehicle margins, a record quarter in the group's U.K. market, and a profitable quarter in Brazil were enough to offset "extreme weakness" in Group 1's energy price-impacted markets.

Tags: F&I profit, Group 1 Automotive, new-vehicle sales, used-vehicle sales

November 4, 2015 - Industry News

Group 1's F&I Per-Copy Average Jumps $65 in the U.S. Market

While the international dealer group's consolidated per-copy average grew $27 to $1,352 in the third quarter, it's U.S.-based F&I operations saw its per-copy average rise $65 to $1,515. For the first nine months of 2015, the group's per-copy average is $1,529.

Tags: F&I, F&I profit, Group 1 Automotive, Quarterly Earnings

September 11, 2015 - Industry News

Davis-Moore Automotive Named F&I Dealer of the Year

Davis-Moore Automotive's Sean Tarbell accepts the F&I Dealer of the Year award on behalf of the group during Industry Summit 2015. 

Wichita, Kan.-based Davis-Moore Automotive took home the F&I Dealer of the Year award during a ceremony at Industry Summit this week.

Tags: compliance, DOY Winners, F&I Dealer of the Year, F&I profit, Industry Summit

May 7, 2015 - Industry News

Group 1’s U.S. F&I Operations Achieves Record PVR Average

The international dealer group’s U.S. F&I operations grew its F&I per-copy average $80 from a year ago to a record $1,538. Training and execution were the drivers, officials said.

Tags: F&I, F&I profit, First Quarter, Group 1 Automotive, Quarterly Earnings

April 23, 2015 - Industry News

Lithia’s Drop in New-Vehicle Gross Per Unit Offset by Q1 F&I Performance

Lithia’s F&I operations grew its per-copy average by $52. The performance helped offset a $90 drop in new-vehicle gross profit per unit.

Tags: F&I profit, First Quarter, Lithia, Lithia Motors, Quarterly Earnings

February 12, 2015 - Industry News

Asbury Posts Record Earnings in Q4 2014

Fourth-quarter F&I net per vehicle retailed rose $30 from a year ago to $1,374 for the public dealer group. That performance helped drive record earnings during the quarter.

Tags: Asbury Automotive, F&I profit, Quarterly Earnings, used vehicles

February 12, 2015 - Industry News

Penske Posts Most Profitable Year Behind Strong Q4 Performance

Penske Automotive Group realized a 16% increase in revenue and a 14% bump in adjusted income from continuing operations in 2014’s fourth quarter. The dealer group’s CEO also discussed its plan to pilot the NADA’s fair credit compliance program at four stores.

Tags: CFPB, F&I profit, Fourth Quarter, NADA, Penske Automotive Group, reserve

February 12, 2015 - Industry News

People and Process Drive Group 1’s U.S. Per-Copy Average to $1,521

Consolidating its lender base and improved availability of consumer financing were other reasons cited for the fourth-quarter performance of the group’s U.S.-based F&I operations.

Tags: F&I profit, Fourth Quarter, Group 1 Automotive, Quarterly Earnings

October 23, 2014 - Industry News

Asbury’s F&I Per Copy Average Rises $22

F&I gross profit per retail unit grew to $1,337 on a same-store basis for the publicly traded dealer group, but the performance of the operation’s parts and service segment was the big story in the third quarter.

Tags: Asbury Automotive, F&I profit, Quarterly Earnings, Third Quarter

July 24, 2014 - Industry News

Lithia Reports Record Net Income

The dealer group realized a 28% increase in adjusted net income from continuing operations in the second quarter of 2014. The company’s average F&I profit per vehicle retailed was also up $104.

Tags: F&I products, F&I profit, Lithia Motors, Quarterly Earnings

April 30, 2013 - Industry News

Sonic, Ashbury Total Revenue Up in Q1

Sonic’s 2013 first-quarter net income from continuing operations was $21.7 million, while Asbury reported income from continuing operations of $23.9 million.

Tags: F&I profit, Quarterly Earnings, Sonic Automotive

April 26, 2012 - Industry News

Group 1 Records All-Time High for Gross Profit in Q1

Group 1 Automotive Inc. set new records for total gross profit, as well as first-quarter revenue and F&I gross profit per vehicle sold.

Tags: F&I profit, Group 1 Automotive, Vehicle Sales

April 26, 2012 - Industry News

F&I and New-Vehicle Profitability Drive Profit Gains for AutoNation

AutoNation Inc. reported increased profitability in each of its business sectors for the first quarter, with revenue up 10 percent and gross profit up 6 percent. F&I gross profit per vehicle sold was up 7.2 percent.

Tags: AutoNation, F&I products, F&I profit, new-vehicle sales

March 8, 2012 - Industry News

[VIDEO] Part 2: Delivering Additional Profits

UDS’ Gerry Gould delivers Part 2 of his five-part series on the business office’s Top 5 responsibilities.

Tags: F&I profit, F&I profits, profit, Tips for Success, training, UDS

« Previous1Next »