JJ Hornblass's Blog – August 2011 Archive (2)
F&I Drives Earnings at Group 1
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.
Interestingly, F&I…
ContinueAdded by JJ Hornblass on August 18, 2011 at 9:30am — 1 Comment
Ally Posts Strong 2Q Auto Originations, Despite Weak Overall Earnings
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…
ContinueAdded by JJ Hornblass on August 2, 2011 at 1:30pm — No Comments
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