Tag: AutoNation
AutoNation delivers solid Q4 amidst market challenges
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...
Former AutoNation Exec. Mark Cannon on EVs, price sensitivity, and the...
In the latest episode of Inside Automotive, anchor Jim Fitzpatrick interviews Mark Cannon, the former Chief Customer Experience Officer at AutoNation. Cannon, who had...
AutoNation exits bidding war for UK’s Pendragon
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest...
Weekly roundup: Biden visits UAW picket line, Ford halts $3.5B Plant,...
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 starts bidding war for U.K.’s Pendragon
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 appoints former Gulf States Toyota Pres. Jeff Parent to COO
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...
Weekly roundup: Stellantis posts record earnings, Tesla’s 7-year financing, new AI...
Earlier this week: Stellantis reported record-breaking earnings of $12.1 billion, a 37% increase in net profit, and a 12% year-over-year revenue growth to $109...
AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new...
AutoNation purchases 5 stores in California, Goode Motor Auto Group enters...
The following notable M&A deals were finalized in the past few months, involving numerous brands and a few high-profile dealer groups.
AutoNation
AutoNation has expanded once...
AutoNation posts declining profits in Q1, will take ‘more cautionary approach’
AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...