A nonbinding proposal from Penske’s largest shareholders would take one of the “Big 6” publicly traded dealer groups private at $210 per share. +
Automotive News ranks Lithia Motors as the nation’s leader in total F&I revenue while Hendricks Automotive Group remains No. 1 on a per-store basis. +
AutoNation generated $4.8 billion in service and parts revenue in 2025, a 4.8% year-over-year increase, according to the latest rankings from Automotive News. +
Big-ticket acquisitions helped Penske Automotive Group move ahead of former No. 2 AutoNation in Automotive News’s rankings of America’s biggest new car retailers. +
Penske Automotive announced the acquisition of four Toyota and Lexus dealerships in California and Texas, including the nation’s highest-volume Toyota store. +
Each of America’s six largest publicly traded dealer group say gross profit per new vehicle retailed declined on a year-over-year basis in the third quarter, some by double digits. +
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. +
Automotive News has released its latest annual list of the U.S. auto groups producing the most F&I revenue per vehicle and by rooftop, including the biggest risers and fallers from 2024. +
The “Big 6” publicly traded U.S. auto dealer groups are growing in size, sales and profitability as they hold onto the top positions in Automotive News’s annual ranking of the Top 150 Dealership Groups. +
The proliferation of EVs, with their higher average repair costs and susceptibility to weather, appears to be contributing to growing parts and service revenue. +
