AutoNation (AN.N)AUTONATION COAST TO COAST Some groups may follow 12:01 am U.S. ET | Feb. 4, 2013 Several of the country's largest dealership groups have looked at a single brand for their stores. Some are moving in that direction, while others say the strategy isn't right for them.... Read More »
AUTONATION COAST TO COAST Move will create marketing efficiencies 12:01 am U.S. ET | Feb. 4, 2013 The bold move to rebrand most of the No. 1 dealership group's stores as AutoNation facilities could increase marketing efficiency and brand awareness, marketing professionals say.... Read More »
AutoNation to put its own name on most dealerships 7:45 am U.S. ET | Jan. 31, 2013 AutoNation says it will drop regional brand names on its dealerships and use the AutoNation moniker on most of its 221 stores coast to coast. The transformation begins Friday when the nation's largest dealership group sheds the Maroone name from 22 stores in south Florida and unveils new AutoNation signage.... Read More »
AMY WILSON Dealers turn up the giving for the holidays 12:33 pm U.S. ET | Dec. 21, 2012 Many dealers and their employees give back to their communities all year long. But the end-of-the-year holiday season brings a surge in activity.... Read More »
Public dealership groups expand their brands 12:01 am U.S. ET | Dec. 10, 2012 When AutoNation announced last week that it would purchase three Volkswagen stores and a Chrysler dealership, it proved the company's interest in diversifying its brand base.... Read More »
AutoNation adds 6 Texas dealerships 11:22 am U.S. ET | Dec. 4, 2012 AutoNation, the nation's largest auto retailer, is buying six Texas dealerships that generate $575 million in annual revenue. AutoNation is buying three Volkswagen stores, an Audi dealership and a Porsche store in the Dallas market from Boardwalk Auto Group, and Spring Chrysler-Jeep-Dodge-Ram in the Houston market from Alfred Flores and Bruce Glascock.... Read More »
Dec. sales teeter on fiscal cliff 12:01 am U.S. ET | Nov. 19, 2012 Industrywide, the last 10 days before New Year's Eve are usually some of the best for car sales. But dealers are bracing for the possibility that a protracted fight in Washington over tax increases and spending cuts could keep some consumers out of showrooms this holiday season.... Read More »
BEST PRACTICES AutoNation's health bus saves lives, money 12:01 am U.S. ET | Nov. 19, 2012 In July, Gene Clayton was ordered to the hospital after a health care screening found troubling symptoms. He's among scores of AutoNation Inc. employees who got wake-up calls when the retailer's Know Your Numbers Health Bus rolled into town.... Read More »
AutoNation tries luxury vehicle outlet 12:01 am U.S. ET | Nov. 19, 2012 AutoNation is trying to replicate its outlet center approach with luxury vehicles.... Read More »
AutoNation exec Koehler becomes general manager of Fla. Toyota store 1:05 pm U.S. ET | Nov. 7, 2012 AutoNation's senior vice president of sales, Dave Koehler, has moved to a general manager position at a Florida Toyota store owned by the company.... Read More »
Discounts may decide race for luxury crown 12:01 am U.S. ET | Nov. 5, 2012 Retailers are preparing for a luxury-brand slugfest to end the year.... Read More »
FIXED OPERATIONS Sales tactics migrate to service bay 12:01 am U.S. ET | Nov. 5, 2012 A growing number of dealership managers are borrowing tactics more commonly used on the auto sales side to pump up their parts and service results. The transformation is occurring as dealers look for ways to replace declining warranty work and maximize revenues in the most profitable department in their stores.... Read More »
AutoNation's October sales rise 13% despite Sandy 11:35 am U.S. ET | Nov. 2, 2012 AutoNation, the country's largest dealership group, reported its vehicle sales rose 13 percent in October, with little drag on its performance from Hurricane Sandy.... Read More »
AutoNation Q3 net income rises on record F&I business 7:01 am U.S. ET | Oct. 25, 2012 Higher volumes and record finance-and-insurance income counteracted a slipping new-vehicle margin to help AutoNation to a 15 percent jump in total profits in the third quarter.... Read More »
As sales soar, VW stores are hot items 12:01 am U.S. ET | Oct. 22, 2012 As Volkswagen sales have surged in the United States, so has interest in acquiring VW dealerships. Fifty-five VW stores have changed hands this year, 50 percent more than in all of 2011.... Read More »
AUTONATION'S GENERAL MANAGER UNIVERSITY Learning to lead 12:01 am U.S. ET | Oct. 22, 2012 At AutoNation's General Manager University, one of the points is to challenge established ideas and get managers to think about the business in a more holistic way. An even bigger goal is to teach managers how to succeed in the AutoNation world using its proprietary systems and prescribed processes.... Read More »
AutoNation retail sales surge 23% in Sept. 11:13 am U.S. ET | Oct. 3, 2012 AutoNation said retail sales of new vehicles surged 23 percent in September to 22,982 units. Import brands made the largest jump -- 38 percent above September 2011 -- to 11,854, the company announced today. Domestic brands rose 10 percent and luxury brands were up 11 percent.... Read More »
AutoNation's big digital push 12:01 am U.S. ET | Oct. 1, 2012 AutoNation Inc. has poured $500 million into store renovations in the past three years. But customers still can't purchase cars as easily as they buy electronics at the Apple Store or books on Amazon.com. That's why the country's largest dealership group is trying to remake itself.... Read More »
The Wild West of online 12:01 am U.S. ET | Sept. 17, 2012 States are struggling with rules for selling and advertising cars online. For example, one state law puts an auto dealer at risk when somebody else takes his dealership's ad, alters the information then posts it on a different Web site. The process is known as scraping. As one dealer puts it, retail auto marketing online is still "the Wild West."... Read More »
AutoNation's August sales gain tops U.S. average 3:12 pm U.S. ET | Sept. 5, 2012 AutoNation said new-vehicle sales to retail customers in the United States rose 28 percent in August -- well ahead of the overall industry sales gain of 20 percent. Total new-vehicle sales rose to 23,213 units, the company said. Sales in its import segment jumped 42 percent to 12,530.... Read More »
AUGUST U.S. AUTO SALES Vehicle sales buoyed in U.S. as bonus incentives grow 3:19 am U.S. ET | Aug. 31, 2012 Car shoppers have long known that they can often buy at lower prices at the end of the month as dealers slash prices to meet sales quotas. Their chances for such deals have been especially strong as 2012 wears on.... Read More »
AutoNation CEO calls Tesla Model S 'first-rate car' 8:04 am U.S. ET | Aug. 21, 2012 Tesla Motors' Model S luxury sedan is a "first-rate car" that will attract limited demand because of its price, the CEO of the nation's largest auto retailer said.... Read More »
Private buyers snapping up stores 12:01 am U.S. ET | Aug. 20, 2012 Despite more optimism in 2012, the dealership mergers and acquisitions market hasn't taken off the way many experts predicted. Through the first half of the year, acquisitions of U.S. dealerships by the public retailers ran at less than half the pace of 2011.... Read More »
Best workplaces to be honored Oct. 17 12:01 am U.S. ET | Aug. 6, 2012 Last month Automotive News announced the inaugural list of the 100 Best Dealerships to Work For. On Oct. 17 in Chicago, Automotive News will celebrate those 100 U.S. dealerships by revealing the overall rankings and hosting the retail industry's leaders in an afternoon program.... Read More »
Political ads push dealerships out of TV, radio 12:01 am U.S. ET | Aug. 6, 2012 The presidential election will push many dealerships off the airwaves this fall. With political campaigns snapping up prime TV and radio air time early -- and driving up prices for those spots -- auto retailers such as Asbury Automotive Group are shifting advertising spending to other media.... Read More »
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