Mike Jackson

AutoNation, buoyed by holiday deals, sees Sept. sales rise 21%

1:29 pm U.S. ET | Oct. 2, 2015

AutoNation’s U.S. new-vehicle sales increased 21 percent last month from a year earlier to 29,046 vehicles thanks in part to Labor Day holiday promotions....
Read More »

AutoNation August sales drop 5% on calendar quirk

11:38 am U.S. ET | Sept. 2, 2015

AutoNation’s U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year....
Read More »

AutoNation adds 16 stores, makes biggest purchase since 2001

8:15 am U.S. ET | Aug. 18, 2015

AutoNation, the largest U.S. dealership group, has agreed to buy 16 stores representing more than $600 million in annual revenue, including its biggest single dealership purchase since 2001....
Read More »

AutoNation U.S. sales rise 9% in July

1:55 pm U.S. ET | Aug. 4, 2015

AutoNation's U.S. new-vehicle retail sales grew by 9 percent from the year earlier to 29,875 in July, making it the company's best July since 2006....
Read More »

AutoNation's online pilots edge forward

12:01 am U.S. ET | Aug. 3, 2015

AutoNation Inc. says the rollout of AutoNation Express, its online car-selling platform, is ahead of schedule. But the retailer has slowed two key elements of the platform....
Read More »


BLOG: How Honda Finance’s settlement could be a win for all retailers

11:30 am U.S. ET | July 22, 2015

At face value, the consent order between Honda Finance and the CFPB over lending practices doesn’t seem like a gift to retailers industrywide, but it could be....
Read More »

AutoNation's Q2 net rises 15%; revenue up 9%

8:00 am U.S. ET | July 22, 2015

AutoNation's net income rose 15 percent in the second quarter from the year-earlier period to $115.1 million. Revenue rose 9 percent to $5.22 billion, boosted by higher sales of premium luxury, domestic and import brands, and higher results in new vehicles, used vehicles, parts and service, and finance and insurance operations....
Read More »

Inside the AutoNation-TrueCar divorce

12:01 am U.S. ET | July 11, 2015

A dispute over demands for access to data on all AutoNation sales, not just TrueCar-related ones, led the two companies to part ways. A close-up look at how their relationship went south....
Read More »

AutoNation drops TrueCar in contract dispute

3:15 pm U.S. ET | July 9, 2015

AutoNation is severing ties with TrueCar following a protracted contract dispute centered on access to customer data. AutoNation informed TrueCar executives that its dealerships would stop using the Internet vehicle shopping service at the end of July. AutoNation says 226 of its 240 U.S. stores use TrueCar....
Read More »

TrueCar's Painter says split with AutoNation presents consumers with 'a choice'

6:45 pm U.S. ET | July 9, 2015

TrueCar founder and CEO Scott Painter is portraying the split with dealership giant AutoNation as a clash of old and new approaches to auto retailing....
Read More »

AutoNation new-vehicle sales rise 5% in May

10:26 am U.S. ET | June 3, 2015

AutoNation said today its U.S. new-vehicle sales increased 5 percent in May from a year earlier to 31,777....
Read More »

AutoNation marks milestone with $20 million ad campaign

12:01 am U.S. ET | May 18, 2015

AutoNation is celebrating a pending milestone — 10 million vehicles sold — with its largest advertising campaign in history. The auto retailer run national television ads for the first time as part of the $20 million campaign....
Read More »

AutoNation's Q1 net income rises 17%

7:00 am U.S. ET | April 22, 2015

AutoNation is picking up its acquisition pace as its profits continue to rise. Net income for the nation's largest new-car retailer jumped 17 percent in the first quarter to $111.5 million, the company said today....
Read More »

Mercedes' Cannon recruits fellow execs for a personal mission

11:34 am U.S. ET | April 21, 2015

A few months ago, Steve Cannon called on the heads of Group 1 and AutoNation for big favors -- and it had nothing to do with selling more cars. Instead, the CEO of Mercedes-Benz USA had a different mission in mind....
Read More »

Toyota plots Prius comeback

12:01 am U.S. ET | April 18, 2015

As Toyota prepares to introduce a redesigned Prius later this year, both car and company are at turning points. First introduced in 1997, the hybrid is no longer the green-car darling of the Hollywood set. That sort of buzz now surrounds the EVs produced by Tesla....
Read More »

AutoNation CEO Jackson's 2014 compensation soars 69% to $10.6 million

1:33 pm U.S. ET | April 3, 2015

AutoNation CEO Mike Jackson’s overall compensation soared 69 percent to $10.6 million for 2014, up from $6.3 million for 2013, AutoNation said in its proxy filing released late Thursday....
Read More »

AutoNation's March sales rise 5 percent

3:54 pm U.S. ET | April 2, 2015

AutoNation today said its new-vehicle retail sales rose 5 percent in March from a year earlier to 30,107 units. On a same-store basis, new retail sales rose 3 percent....
Read More »

AutoNation promotes 2 executives

2:53 pm U.S. ET | Feb. 9, 2015

AutoNation is expanding roles for two executives and increasing the number of executives who report directly to CEO Mike Jackson....
Read More »

Public dealerships keep buying despite rising prices for stores

12:01 am U.S. ET | Feb. 9, 2015

Despite an influx of outside investors in auto retailing, leaders of several public dealership groups said they're still scouting for deals without worry that pricing on acquisitions will soar out of reach....
Read More »


BLOG: Money's cheap, so here come the store upgrades

9:30 am U.S. ET | Jan. 24, 2015

One of the better indicators of the health of a business is its willingness -- and ability -- to make capital expenditures. By that measure, auto retailers are doing well....
Read More »


BLOG: NADA, Tesla, pitchforks and torches -- a missed opportunity

1:00 am U.S. ET | Jan. 23, 2015

If there's one thing many car dealers can't stand right now, it's Tesla. Yet here they are, thousands of them, spending a few days right in Elon Musk's backyard....
Read More »


BLOG: Navigating the great digital divide

3:30 pm U.S. ET | Jan. 23, 2015

Among the devotion to all things digital and data-driven in San Francisco, there are still some qualms over how today's shoppers want to kick the tires and take delivery of new wheels....
Read More »

Big dealerships are here to stay, panel says

9:00 pm U.S. ET | Jan. 22, 2015

Big dealerships are here to stay. That's the assessment of retailers talking about the dealership of the future at Thursday's Automotive News Retail Forum....
Read More »

AutoNation digital effort grows

6:15 pm U.S. ET | Jan. 22, 2015

AutoNation will spread its AutoNation Express approach to online car purchasing to the rest of Florida during the next three months, CEO Mike Jackson said Thursday. The expansion follows the December launch of AutoNation Express in South Florida....
Read More »

Now's the time to invest, Cox's Schwartz says

7:15 pm U.S. ET | Jan. 22, 2015

Dealers should take advantage of the current good times to invest for the future, Sandy Schwartz, president of Cox Automotive, told the Automotive News Retail Forum Thursday....
Read More »

Automotive News Cover
Special Video Report
Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Russell Wager says he has a 'real problem' with self-driving cars because they could erase popular tag lines and even brands.
» Watch the Video
News by Brand