AutoNation hires dot-com veteran

FORT LAUDERDALE, Fla. - AutoNation Inc. has named Adam Simms as its vice president for used vehicles.

In his newly created position, Simms is in charge of the company's $3.9 billion used-vehicle operation.

Simms was the founder and CEO of iMotors, an Internet-based, used-vehicle company that found, refurbished and delivered used vehicles to customers.

iMotors shut down in April after it ran out of funds.

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