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The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
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AutoNation chairman and CEO, Mike Jackson, discussed safe operating procedures and much more during his appearance on CNBC’s Squawk Box on Sunday, May 9.
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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.
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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.
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NuVinAir Global has named former AutoNation and CarMax executive Troy Blackwell senior vice president of global operations.
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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.
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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.
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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.
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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.
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FORT LAUDERDALE, Fla. — AutoNation Inc. announced promotions for William “Bill” Berman, Marc Cannon and Donna Parlapiano. A 30-year auto retail veteran who had served as executive vice president and COO since 2015, Berman was named president and COO. Mike Jackson remains the company’s chairman and CEO. “Bill is an outstanding and exceptional leader whose proven track record and ... Read More »
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