AutoNation, TrueCar kiss and make upMon, 02, May 2016
Here's how TrueCar successfully wooed AutoNation to resume using it as a third-party lead provider, reversing their bitter July 2015 split.
Fixing the U.S. recall loophole is a job for 'someone else'Mon, 02, May 2016
Last year, AutoNation staked out a bold and admirable position on recalls, pledging to go beyond federal law and not sell new or used vehicles with pending recalls. Turns out, AutoNation couldn't live up to its promise.
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.
Stop-sale backlog hits public groups' earningsMon, 02, May 2016
Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter earnings. The problem could linger into 2017.
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.