Per-vehicle F&I profit down for 4 publics
Average F&I profit per vehicle retailed in Q1 rose slightly at AutoNation and Sonic, while other publics saw a decline.
Gates dealership group gets boost from brand awareness
Gates Automotive Group in South Bend, Ind., combines social media engagement, collaboration with local athletes and business leaders, and in-person giveaways and meet-and-greet events.
Survey due this month for Top Suppliers lists
Automotive News is collecting data for its top suppliers rankings in North America, Europe and the world.
Detroit 3 earnings show a mix of strength and uncertainty in the economy
The Detroit 3 had strong first-quarter results but face the potential for rising incentives, high commodity prices and more expensive UAW contracts.
American Axle leaning into electric opportunities amid Q1 loss
American Axle & Manufacturing reported a $5.1 million first-quarter loss Friday. The company is leaning into electric opportunities as it faces inflation and supply chain issues.