Automotive News’s latest quarterly report shows Sonic Automotive leading the “Big 6” publicly traded dealership groups with an average of $2,718 in F&I gross profit per vehicle. +

A 31% jump in EV lease penetration helped drive front-end gross on new lease deals into negative territory for the first time since 2020, according to the latest StoneEagleDATA report. +

Lotlinx’s Len Short digs beneath the headlines to review a litany of first quarter auto retail and finance reports and distill them into four key points in his latest contribution to DealerELITE. +

Presidio-NCM reports U.S. franchised dealers enjoyed a 3.7% year-over-year increase in net pretax profit in the first quarter following three straight years of post-pandemic losses. +

Lotlinx’s Len Short says artificial intelligence and machine learning have quickly become critical elements of a successful inventory management strategy, far outpacing human intuition. +

The Presidio Group/NCM Associates year-end report finds F&I income per unit retailed increased slightly in 2024 while gross profit per new vehicle retailed fell by 33% to $2,247. +

Waning dealership profitability could have a cooling effect on a dealer M&A market that was red-hot in 2024. Alysha Webb talks with experts and offers her latest forecast for Auto Remarketing. +