AutoNation USA superstores were supposed to be the McDonald’s of the automotive industry. But in the end, the chain of used-car superstores turned out to be more like an Edsel: They just didn’t sell.
AutoNation recently completed the sale of its collision centers and expanded its digital retail and captive finance operations, shifting toward an asset-light model and introducing new business risks.
Car dealership chain AutoNation Inc. said Thursday that its new vehicle sales fell 15 percent in May compared with the previous year, a far larger drop than overall U.S. sales for the month. Car ...
Stephens raised the firm’s price target on AutoNation (AN) to $195 from $192 and keeps an Equal Weight rating on the shares. During client calls related to its public six auto dealer preview note, the ...
AutoNation’s Q1 results were resilient, as new car sales units and used car profit margins developed well. Earnings are still normalizing after extraordinary Covid-time earnings. Trump's automotive ...
Electric-car maker Tesla Motors has shaken up the auto industry in many ways, and it continues to do so. Now, aspects of Tesla's online direct-sales model are starting to influence other companies in ...
AutoNation faces challenges with stagnating sales and declining revenue, while competitors like Carvana and Lithia Motors show strong growth and market share gains. AutoNation's high debt-to-equity ...
AutoNation is the lead investor in an $146 million funding round for online car retailer Vroom, which officially announced the Series G round Tuesday. T. Rowe Price, L Catterton, General Catalyst ...