Group 1 Automotive Sees Increase in Service Contract Sales

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Automotive News - May 10, 2011

Group 1 Auto­mo­tive is work­ing hard to sell more ser­vice con­tracts, and the effort is pay­ing off. Extend­ed-ser­vice con­tract pen­e­tra­tion at the nation’s fourth-largest retail­er was just above 35 per­cent in the first quar­ter, up 2.1 per­cent­age points from a year ear­li­er, says Group 1 exec­u­tive Pete DeLongchamps.