Tag: AutoNation
General Motors recalls nearly 500,000 vehicles over seatbelt problem
General Motors is recalling hundreds of thousands of vehicles due to a problem with the third-row seatbelts, according to the National Highway Traffic Safety Administration...
Sonic Automotive acquires Maryland dealership from AutoNation
Sonic Automotive announced that it has acquired Audis Owings Mills dealership, located just northwest of Baltimore, Maryland. The company purchased the dealerships from AutoNation. It is the company’s...
AutoNation and Autonomy partner up to boost EV subscription business
Electric vehicles are becoming more popular, and Autonomy, with the help of AutoNation, is increasing its investments in the EV subscription space. The company is adding...
Agency model presses on in markets outside of the U.S. plus...
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
A closer look at Carvana’s marketplace project and AutoNation’s new captive...
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
AutoNation reports record quarterly earnings per share, new vehicle sales hindered...
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation,...
Highlights from AutoNation’s First Quarter Results
AutoNation, the nation's largest automotive retailer, announced record first-quarter earnings per share in a press release yesterday. Revenue for the first quarter of 2022...
CEO Mike Manley on AutoNation’s stunning Q4 earnings results
Yesterday, AutoNation, Inc. (NYSE: AN) released the results of its most profitable quarter in its history. Revenues came out to $6.6 billion, an increase...
Ryan Kerrigan on how record earnings for auto retailers affects industry...
On today’s edition of Inside Automotive, Ryan Kerrigan, Managing Director of Kerrigan Advisors, gives an update on the market and breaks down some of...
Carvana shows growth but takes a financial loss on Q3 2021...
Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter...
