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April 22, 2014 - Industry News

AutoNation Sets F&I Record, Puts Lead Providers on Notice

F&I gross profit per vehicle retailed reached a record $1,407 for the nation’s largest dealer group, but the achievement was overshadowed by the warning executives issued to lead providers.

Tags: AutoNation, lead generation, Mike Jackson, Quarterly Earnings, TrueCar

February 4, 2014 - Industry News

Move to Flats Unlikely in 2014, Says AutoNation’s Jackson

AutoNation’s chief executive says he doesn’t expect the CFPB to eliminate rate participation, but he admits to not knowing ‘the end of the story yet.’

Tags: AutoNation, Consumer Financial Protection Bureau, National Automobile Dealers Association, profit, Quarterly Earnings

April 18, 2013 - Industry News

AutoNation’s F&I PVR Eclipses $1,300

The nation’s largest dealer group reports strong gains in revenue and first-quarter net income. It also reports that F&I profit per vehicle retailed climbed above the $1,300 mark.

Tags: AutoNation, EPS, Quarterly Earnings

February 21, 2013 - Industry News

Major Dealer Groups Prepare to Top Records Set in 2012

Most of the major dealer groups posted big gains in the fourth quarter and for the full-year 2012. One group reached an all-time high of $1,215 in F&I gross profit per retail unit.

Tags: 2012, annual, Asbury Automotive, AutoNation, F&I, Finance, Fourth Quarter, Group1 Automotive, insurance, Lithia Motors, Penske Automotive Group, Revenue, Sonic Automotive

February 19, 2013 - Industry News

AutoNation: Coast to Coast Under One Name

As AutoNation preps for its national rebranding, Honda told dealers during the NADA convention what it thinks of the changes.

Tags: AutoNation, branding, Honda, International Automotive Roundtable, J.D. Power and Associates, John Mendel, Mike Jackson, OEM

February 19, 2013 - Industry News

J.D. Power Event Looks at OEM-to-Dealer Relations

During J.D. Power and Associates’ International Automotive Roundtable last week, hints were dropped at what the manufacturer-to-dealer relationship could look like this year.

Tags: AutoNation, dealer, incentives, J.D. Power and Associates, John Mendel, manufacturer, Mike Jackson, stair step

February 11, 2013 - Industry News

AutoNation: Coast to Coast Under One Name

As AutoNation preps for its national rebranding, Honda told dealers during the NADA convention what it thinks of the changes.

Tags: AutoNation, branding, dealer, Honda, incentives, John Mendel, Mike Jackson, name, OEM, sales

December 4, 2012 - Industry News

AutoNation to Acquire Six Texas Stores

AutoNation acquires Audi, Porsche and three Volkswagen Stores in the Dallas market from Boardwalk Auto Group, as well as Spring Chrysler Jeep Dodge Ram in Houston. The stores generate about $575 million in revenue per year.

Tags: acquire, Acquisition, AutoNation, Dealerships, Texas

October 30, 2012 - Industry News

AutoNation Reports Rise in New-Vehicle Sales, Record-Setting F&I Performance

Stronger new-vehicle sales and a record performance by its F&I operations drove a 15 percent increase in AutoNation’s third-quarter profits.

Tags: 2012, AutoNation, earnings, Michael E. Maroone, Mike Jackson, Quarterly Earnings, Third Quarter

July 24, 2012 - Industry News

Three Dealer Groups Report Solid Q2 Profit Gains

AutoNation, Asbury and Sonic report solid second-quarter gains behind rising consumer demand and better credit conditions.

Tags: Asbury Automotive, AutoNation, credit availability, F&I, Mike Jackson, Q2 2012, Revenue, Sonic Automotive

July 10, 2012 - Industry News

AutoUSA Reaches Milestone for Sales Generated

AutoUSA says its lead-generation program have helped to generate 1.3 million vehicle sales since 2000.

Tags: AutoNation, AutoUSA, internet sales

April 26, 2012 - Industry News

F&I and New-Vehicle Profitability Drive Profit Gains for AutoNation

AutoNation Inc. reported increased profitability in each of its business sectors for the first quarter, with revenue up 10 percent and gross profit up 6 percent. F&I gross profit per vehicle sold was up 7.2 percent.

Tags: AutoNation, F&I products, F&I profit, new-vehicle sales

April 3, 2012 - Industry News

AutoNation Realizes 15 Percent Sales Increase in March

AutoNation Inc. reported today that retail new-vehicle sales in March totaled 25,489 units, a 15 percent increase from a year ago

Tags: AutoNation, new-vehicle sales, Vehiclee Sales

January 12, 2012 - Industry News

AutoNation’s New-Vehicle Sales Up 11 Percent in December

AutoNation Inc. reported that new-vehicle unit sales in December 2011 totaled 24,342 units, an increase of 11 percent year over year.

Tags: AutoNation, monthly sales, Retail Sales

December 6, 2011 - Industry News

AutoNation’s Sales Soar as CEO Prepares to Talk Recovery

AutoNation CEO Mike Jackson will deliver the keynote address at the Washington Area New Automobile Dealers Association (WANADA)’s annual luncheon, scheduled for Dec. 7 at The Renaissance Mayflower hotel in Washington D.C.

Tags: AutoNation, monthly sales, WANADA, Washington Area New Automobile Dealers Association

April 26, 2011 - Industry News

AutoNation Realizes Double-Digit Growth in 1Q

AutoNation Inc. today reported 2011 first quarter net income from continuing operations of $70 million, an increase compared to net income from continuing operations of $59 million for the year-ago period.

Tags: AutoNation, new-vehicle sales, parts and service

April 5, 2011 - Industry News

March New-Car Sales Up 19 Percent at AutoNation

AutoNation Inc., America's largest automotive retailer, announced Monday that its retail new-vehicle unit sales in March 2011 totaled 22,246, an increase of 19 percent compared to March 2010.

Tags: AutoNation, Vehicle Sales

October 29, 2009 - Industry News

AutoNation Posts 3Q Profit; YOY F&I Revenue Down 31 Percent

AutoNation Inc. reported a profit of $65 million from continuing operations for the third quarter 2009, compared to a net loss of $1.40 billion in the year-ago period.

Tags: AutoNation

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