Five out of the six major publicly traded dealership groups produced more than $2,000 in same-store finance-and-insurance gross profit on every vehicle transaction during the first quarter.
Of those, Group 1 Automotive Inc. joined AutoNation Inc. above the $2,500 mark.
A year ago, only AutoNation's F&I operations made more than $2,000 per vehicle on a same-store basis.
Asbury Automotive Group Inc. breached the $2,000 mark during the first quarter with a $2,376 same-store gross profit, joining four of its peers there.
Penske Automotive Group Inc. is the last of the six below $2,000, but it's less than $100 away.