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AutoNation Expects Strong Demand Into 2022

AutoNation Expects Strong Demand Into 2022

AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.

July 20, 2021

AutoNation Stock Continues to Rev Up

AutoNation Stock Continues to Rev Up

The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.

April 22, 2021

NADA: AutoNation Chairman and CEO Mike Jackson Talks COVID-19 Impact
HGreg.com Acquires Massive South Florida Nissan Dealership
AutoNation, Sonic Set Records as Publics Grow PVR

AutoNation, Sonic Set Records as Publics Grow PVR

All six of America’s big publicly traded dealership groups enjoyed year-over-year gains in F&I profit per vehicle retailed in Q3, led by record highs at AutoNation and Sonic Automotive.

November 7, 2019

Recall Sweep Targets AutoNation Dealerships

Recall Sweep Targets AutoNation Dealerships

The U.S. PIRG Education Fund issued a damning report after finding one in every nine used vehicles for sale at 28 AutoNation-owned locations in 12 states is subject to an open recall.

October 16, 2019

AutoNation’s Blackwell Joins NuVinAir as SVP
AutoNation Nears $2,000 PVR as Big Groups Grow F&I

AutoNation Nears $2,000 PVR as Big Groups Grow F&I

The nation’s six largest publicly traded dealer groups all increased F&I profit per vehicle retailed in the second quarter, led by AutoNation’s $1,926 per copy and Lithia Motors’ segment-leading 11% improvement.

August 1, 2019

Liebert Out, Miller in as AutoNation CEO

Liebert Out, Miller in as AutoNation CEO

Cheryl Miller has been promoted from CFO to president and CEO at AutoNation, replacing Carl Liebert, an auto retail outsider who took over as chief executive for founder Mike Jackson just four months ago.

July 23, 2019

Report: Slow Sales Aside, Auto Groups Outperform Market

Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.

July 10, 2019

Carvana Crashes Used-Vehicle Dealer Rankings

Carvana Crashes Used-Vehicle Dealer Rankings

Carvana broke into the top 10 in its first appearance on Automotive News’ list of the nation's Top 100 Used Retailers, more than doubling its output to more than 94,000 units and outpacing the Asbury, Larry H. Miller, and Ken Garff groups.

April 22, 2019

AutoNation Inks Multiyear Deal With Waymo

AutoNation has agreed to support Waymo’s fleet of self-driving Chrysler Pacifica hybrids and plans to expand the partnership as Waymo grows and diversifies its fleet.

November 2, 2017

AutoNation Names New COO

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.

June 1, 2017

Berman Resigns as President, COO of AutoNation

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.

May 16, 2017

AutoNation Slips Below $1,600 Per Copy in Q4

The executive team from the nation's largest auto retailer paints a rosy picture for 2017, despite the effects of the ongoing Takata airbag recall and the looming threat of a Trump administration-ordered border tax on vehicles manufactured in Mexico and sold here.

February 9, 2017

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