Increase in U.S. Automotive Sales
U.S. automotive retail business saw a strong performance with same-store new units delivered increasing by 9% and revenue increasing by $300 million or nearly 10%.
Growth in BEV Sales
The penetration of BEV sales increased to more than 10% of total sales, up from 6% to 7% in previous quarters.
Strong International Revenue Growth
Operations in Italy, Germany, and Japan generated an increase in revenue of 23% and an EBT increase of 54% during Q3.
Increase in Dividend
Dividend increased by 4.5% to $1.38 per share in October, marking the 20th consecutive quarterly increase.
Successful Strategic Expansion
Acquisition of a Ferrari dealership in Modena, Italy, and the opening of new Chinese brand locations in the UK and Germany.