
Asbury Automotive and Group 1 Automotive saw double-digit year-over-year gains in finance and insurance profits in tandem with higher fourth-quarter sales. Asbury Automotive’s finance and insurance (F&I) climbed 16% YoY in Q4 2024 to $198.5 million, according to the company’s Jan. 30 earnings release. F&I gross profit per unit (GPU) declined 3.1% YoY to $2,236. […]