Home Loans Group 1, Sonic Auto F&I revenue climbs in Q2

Group 1, Sonic Auto F&I revenue climbs in Q2

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Retailers Group 1 Automotive and Sonic Automotive reported double-digit year-over-year increases in finance and insurance revenue during the second quarter as new- and used-vehicle sales mostly rose. Group 1’s F&I revenue reached $237.8 million, up 18.8% YoY, according to the retailer’s earnings release today. F&I gross profit per unit (GPU) hit $2,050, down 0.7% YoY. […]



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