Group 1 Automotive Inc., the publicly traded dealership group, today announced that it increased its dividend more than 18% to $0.13 a share. And what might be the driver of Group 1's advancing financial status? Try F&I.
Ally Financial continues to put up huge origination numbers in its auto financing business.
Ally's second quarter earnings released today show originations up across the board, with leasing enjoying the greatest year-over-year increase (+155% YOY). In all, Ally's originations climbed to $9.5 billion last quarter from $8 billion in the same quarter…Continue
Added by JJ Hornblass on August 2, 2011 at 1:30pm — No Comments