“📉 F&I gross profit per vehicle declined for 4 out of 6 top auto dealership groups in Q4, while @AutoNation stood out by increasing its F&I profit per vehicle in full-year results. #AutoIndustry”
Same-store finance and insurance gross profit per car sold fell at four of the top six franchised auto dealership groups in the fourth quarter compared with a year earlier. AutoNation was the only major new-vehicle public retailer to grow F&I profit per vehicle retailed in full-year results.
https://www.autonews.com/finance-insurance/auto-retail-q4-earns-fi-gross-profit-declines-quarter-2023