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In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

AutoNation posts Q1 earnings, profitability slides

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AutoNation saw a slight improvement in quarterly revenue but struggled to maintain profitability due to price drops during the January-through-March period. The dealership group reported...

AutoNation posts earnings, Tesla reaches FSD deal, BlueCruise under investigation

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Inside Automotive What Tesla’s Q1 earnings say about the EV market — Lauren Fix | Car Coach Reports On this episode of Inside Automotive, host Shyann Malone is joined by Lauren...
AutoNation reported a modest increase in Q4 revenue to $6.8 billion and maintained consistent full-year revenue at $26.9 billion.

AutoNation delivers solid Q4 amidst market challenges

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AutoNation, the second-largest car dealer in the United States, released its earnings on February 13, which included information about the company's financial results for...
In the latest episode of Inside Automotive, Mark Cannon shares his insights on the current trends in the retail automotive industry.

Former AutoNation Exec. Mark Cannon on EVs, price sensitivity, and the...

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In the latest episode of Inside Automotive, anchor Jim Fitzpatrick interviews Mark Cannon, the former Chief Customer Experience Officer at AutoNation. Cannon, who had...

Used car prices decline, GM postpones pickups, AutoNation drops Pendragon bid

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Inside Automotive Breaking down the latest consumer EV trends with Experian’s Kirsten Von Busch According to Experian, there are more than 2.7 million EVs in operations...
AutoNation dropped its bid to acquire the U.K.-based Pendragon, shortly after Lithia Motors' decision to raise its original offer.

AutoNation exits bidding war for UK’s Pendragon

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AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest...
Earlier this week in automotive industry news: Biden supports UAW strike, Ford halts $3.5B EV plant, and new AutoNation COO unveiled.

Weekly roundup: Biden visits UAW picket line, Ford halts $3.5B Plant,...

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Earlier this week: President Biden supported the United Auto Workers strike in Detroit by jumping on the picket line. AutoNation ignited a bidding frenzy...

AutoNation sends proposal to Pendragon, Biden joins UAW picket line, Cox...

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Inside Automotive  How to ensure your dealership operations meet today's demand – Chris Conroy | Holman With a legacy that dates back decades, Holman, one of...
AutoNation has joined other top U.S. dealership groups in a bidding war for Pendragon, the U.K.'s second largest auto retailer.

AutoNation starts bidding war for U.K.’s Pendragon

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AutoNation is now looking to purchase the U.K.-based Pendragon automotive group, offering the company $544 million on Tuesday. The move has kicked off a bidding...
AutoNation has hired former Nissan and Gulf State Toyota executive Jeff Parent to replace outgoing chief operations officer Steve Kwak.

AutoNation appoints former Gulf States Toyota Pres. Jeff Parent to COO

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AutoNation has appointed former president and general manager of Gulf States Toyota, Jeff Parent, to serve as the dealership group's new chief operating officer. Parent...