2 publics see FI profit per car fall in Q4; 5 of 6 saw results drop compared with Q3

Dan Clara, Asbury's senior vice president of operations, told investors and analysts on a Feb. 2 call that rising interest rates had not affected Asbury's ability to add F&I products to deals. Asked if higher interest rates would affect demand for vehicles in the second half of 2023, A...

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Bibliographic Details

Published in:	Automotive News Vol. 97; no. 7079; p. 26
Main Author:	Staff Reports
Format:	Journal Article Trade Publication Article
Language:	English
Published:	Detroit Crain Communications, Inc 27.02.2023 Crain Communications, Incorporated
Subjects:	Automobile dealers Captive finance Company sales and earnings Corporate profits Federal Reserve monetary policy Gross income Interest rates Retail stores Transportation equipment industry Vehicles United States United States > US
ISSN:	0005-1551, 1557-7686
Online Access:	Get full text
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