Executives with the nation’s No. 1 auto retailer are looking forward to the second quarter after recording falling new-car sales and flat F&I profits. They also provided an update on the dealer group's move to a one-price strategy.
Lithia Motors’ first-quarter results include continued gains
in F&I penetrations and revenue, a result the dealer group credits to its
aggressive acquisition strategy.
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The vehicle information site pinned the year-over-year increase on high demand for SUVs, noting that most manufacturers registered higher average transaction prices despite softening sales.
There were plenty of
new innovations on display in and around NADA 2017. The editor takes you on a
tour of five new tech tools aiming to help dealers land more sales and F&I
opportunities.
Read more news here
Financial Solutions - We Turn Auto Notes Into Cash!
Call us today 615-414-6708
Read more news here
Financial Solutions - We Turn Auto Notes Into Cash!
Call us today 615-414-6708