GM appoints Turovsky as first chief AI officer
Barak Turovsky has joined General Motors as its first chief AI officer, according to a post shared to his LinkedIn ...
Tag: Asbury Automotive
Asbury Auto, Group 1 F&I revenue see double-digit YoY jump
Asbury Automotive and Group 1 Automotive saw double-digit year-over-year gains in finance and insurance profits in tandem with higher fourth-quarter ...
Auto stocks climb 43.8% year over year (Big Wheels)
Auto stocks rose sequentially and year over year in November as stock performance varied among automotive lenders and retailers. ...
Retailers’ margins hurt by Stellantis’ supply challenges
Auto retailers reported weaker margins for sales of Stellantis brands in the third quarter as supply challenges persisted. Asbury Automotive‘s ...
AutoNation Finance originations exceed $700M
AutoNation Finance’s year-to-date originations grew to more than $700 million in the third quarter, fueling optimism that the financier will ...
U.S. Bank’s Bolte steps up to SVP role; other staff moves
Kristina Bolte this month was named U. .S. . Bank’s senior vice president of dealer services national product and strategy ...
AutoNation, Lithia captive originations up sequentially
Retailers’ captive finance originations grew in the first quarter and finance and insurance revenue was mixed as sales and inventory ...
Dealership F&I revenue varies in Q4
Retailers’ finance and insurance revenue was mixed in the fourth quarter as floorplan interest expense jumped at every major retailer ...
