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June 1, 2017 - Industry News

AutoNation Names New COO

AutoNation named Lance Iserman executive vice president of sales and COO. The more than 15-year company veteran replaces William “Bill” Berman, who resigned last month.

Tags: AutoNation, Bill Berman, hiring, Mike Jackson

May 16, 2017 - Industry News

Berman Resigns as President, COO of AutoNation

William “Bill” Berman, who is credited with developing AutoNation's processes for used-vehicle sales and customer care, has resigned. Chairman and CEO Mike Jackson has assumed his duties until a replacement is named.

Tags: AutoNation, Dealer Group, Mike Jackson, Promotions, William Berman

February 2, 2017 - Industry News

AutoNation Promotes Berman to President

AutoNation has named William "Bill" Berman president and COO of the public dealer group. The 30-year auto retail veteran replaces Mike Jackson, who remains the company's chairman and CEO.

Tags: AutoNation, Marc Cannon, Mike Jackson, William Berman

August 18, 2015 - Industry News

AutoNation Acquires 16 Stores

AutoNation has signed agreements to acquire 13 stores in Georgia, Alabama and Tennessee, and three stores in the Baltimore, Md., market, bringing its total franchise count to 327.

Tags: Acquisition, AutoNation, Franchised Dealerships, Mike Jackson

July 23, 2015 - Industry News

AutoNation’s Jackson Urges Other Lenders to Follow Honda Financial’s Lead

The group’s chief executive reiterated his support for Honda Financial’s new dealer markup caps. He said the policy should serve as a template for the rest of the auto finance industry.

Tags: AutoNation, captive finance, CFPB, Consumer Financial Protection Bureau, Department of Justice, F&I products, Mike Jackson, Quarterly Earnings, rate markup

April 23, 2015 - Industry News

AutoNation's PVR Average Surpasses $1,500

For the first time, the public dealer group’s F&I profit per deal average surpassed the $1,500 mark. Officials said the company will continue to emphasize F&I product sales as it preps for the launch of an AutoNation-branded maintenance contract later this year.

Tags: AutoNation, CFPB, Consumer Financial Protection Bureau, F&I products, First Quarter, Maintenance plan, Mike Jackson, Online Buying, Quarterly Earnings

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 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

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

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