AutoNation resumes ties with TrueCar after 2015 splitFri, 29, Apr 2016
AutoNation will begin using TrueCar again at 55 of its dealerships starting Saturday in what the retailer is describing as a test. The resumption of ties will reverse AutoNation's acrimonious breakup with TrueCar last July.
Used-car sales surge at top groupsMon, 25, Apr 2016
Automotive News' annual list of the top 100 dealership groups based in the U.S. ranked by used-vehicle sales shows industrywide strong unit sales increases, with 43 of the groups listed posting gains of 10 percent or more.
AutoNation's Q1 net income falls 14% on lower sales, Texas woesFri, 22, Apr 2016
AutoNation's net income dropped 14 percent to $95.9 million in the first quarter, though revenues rose 3.5 percent to $5.12 billion. The slide in net was due to weaker vehicle sales and charges related to a Texas hailstorm and a change in how the retailer accounts for stock-option compensation.
AutoNation changes recall policy to allow some auctionsFri, 22, Apr 2016
AutoNation is changing one of the key tenets of its policy not to sell any vehicle with an open recall. The retailer now will allow some recalled vehicles to go to wholesale auction if lack of replacement parts causes lengthy repair times.