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TD Bank officials said the company will trim down its 9,000 member U.S. dealer network in order to provide better service.
Read More →Lithia officials said the group is focused on increasing F&I performance, while officials with Sonic announced the launch of a new initiative that will have “guest advocates” handle transactions from start to finish. Asbury reported a per-copy average of $1,305 during the third quarter.
Read More →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.
Read More →The nation’s largest dealer group reports strong gains in revenue and first-quarter net income. It also reports that F&I profit per vehicle retailed climbed above the $1,300 mark.
Read More →Group 1 posted a 46 percent increase in its third-quarter profit behind rising new-car sales and record-setting F&I penetration.
Read More →Stronger new-vehicle sales and a record performance by its F&I operations drove a 15 percent increase in AutoNation’s third-quarter profits.
Read More →Lithia reported higher profits and revenues for the third quarter. Highlights include a 36.4 percent increase in F&I revenues.
Read More →The bank was active in the third quarter, increasing its core loan portfolio by $11.9 billion. Officials attributed the bank's record performance to improving credit quality.
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