Finance Insurance

F&I gross profit per vehicle down for 4 of 6 publics in Q4

AutoNation store
AutoNation was the only major new-vehicle public retailer to grow F&I profit per vehicle retailed in full-year results. (BLOOMBERG)
March 06, 2024 12:13 PM

Same-store finance and insurance gross profit per vehicle fell at four of the top six franchised auto dealership groups in the fourth quarter compared with a year earlier, though all but Group 1 Automotive Inc. saw results improve over the third quarter.

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