Mike Jackson

AMY WILSON

For AutoNation's Jackson, Penske sets pace for retirement

12:01 am U.S. ET | May 16, 2013
AutoNation CEO Mike Jackson's employment contract with the country's largest dealership group is up in September. Jackson will turn 65 next February, but he has no intention of walking out the door any time soon.... Read More »

 

AMY WILSON

Rebranding effort aids AutoNation's community giving

11:57 am U.S. ET | May 15, 2013
AutoNation has rebranded nearly 40 percent of its dealerships with its coast-to-coast AutoNation name. And, contrary to early fears within the nation's largest auto dealership group, AutoNation says it is maintaining or increasing share in those converted markets.... Read More »

 

FINAL ASSEMBLY

Jackson: Penske sets my retirement pace

12:01 am U.S. ET | May 13, 2013
AutoNation CEO Mike Jackson's employment contract with the country's largest dealership group is up in September. Jackson will turn 65 next February, but he has no intention of walking out the door any time soon.... Read More »

 

AutoNation Q1 earnings soar; acquisitions continue

6:30 am U.S. ET | April 18, 2013
AutoNation said first-quarter net income rose 14 percent to $83 million, up from $73 million a year ago. With profits up in all categories of its business during the first quarter, particularly finance and insurance and parts and service, AutoNation is snapping up more dealerships.... Read More »

 

AutoNation's March sales rise 7 percent as economy grows

12:08 pm U.S. ET | April 3, 2013
Driven by a strong recovery in the housing market and big gains in pickups, AutoNation, the country's largest dealership group, reported a 7 percent gain in new-vehicle sales in March.... Read More »

 

AutoNation boosts pay for Jackson, Maroone

2:41 pm U.S. ET | March 26, 2013
AutoNation, the largest U.S. dealership group, slightly increased pay packages for its top two executives in 2012. CEO Mike Jackson received total pay and compensation of $6.6 million, up from $6.4 million in 2011. Jackson's salary of $1.2 million was unchanged. His bonus was $2.1 million, up from $1.5 million the prior year.... Read More »

 

On the Record

6:47 pm U.S. ET | Feb. 9, 2013
MIKE JACKSON, AutoNation CEO... Read More »

 

MARK RECHTIN

No softballs at the Power roundtable

11:36 am U.S. ET | Feb. 8, 2013
Most Q&A sessions at industry conferences are loaded with softballs, easy questions lobbed for the on-stage executive speaker to knock out of the park. But making AutoNation CEO Mike Jackson the grand inquisitor -- especially when his target is Honda exec John Mendel -- changes the scenario in a big way.... Read More »

 

Comeback for the service lane?

6:16 pm U.S. ET | Feb. 8, 2013
Dealers' service departments are about to benefit from a growing number of 3-year-old vehicles on the roads, says Mike Jackson, CEO of AutoNation, the nation's largest auto retailer. Jackson said energy and housing are growing bright spots in an otherwise anemic economic recovery.... Read More »

 

AutoNation's Jackson says retail recovery in 'early innings'

4:05 pm U.S. ET | Feb. 8, 2013
The automotive economic recovery is only beginning from a retail standpoint, despite a growing seasonally adjusted annualized selling rate, according to Mike Jackson, CEO of AutoNation, the nation's largest auto retailer.... Read More »

 

Q&A: MIKE JACKSON AND MICHAEL MAROONE

Jackson, Maroone nurtured 1-brand plan since '99

12:01 am U.S. ET | Feb. 4, 2013
For AutoNation, the move to one brand was 13 years in the making. CEO Mike Jackson and COO Michael Maroone have nurtured the idea since Jackson joined the retailer in late 1999.... Read More »

 

AutoNation sees U.S. industry sales of 15.5 million in 2013

2:23 pm U.S. ET | Jan. 4, 2013
A stabilized housing market and strengthening economy will drive U.S. auto sales to the mid-15 million unit range in 2013, AutoNation CEO Mike Jackson said today. Jackson, the head of the nation's largest retailer, made the prediction after reporting that AutoNation's new-vehicle sales rose 15 percent in December and 20 percent for all of 2012. That compared with the industry's 9 percent rise in December and 13 percent increase for the full year.... 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 »

 

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 »

 

GUEST BLOG

What GM and Akerson should do now in marketing

11:22 am U.S. ET | July 31, 2012
After two years that were marked by a tremendous amount of upheaval, including coast-to-coast agency shuffling and a long game of musical chairs in the marketing department, it's time for GM to focus and get back to business.... Read More »

 

AutoNation CEO: Bullish on '12 but wary of fiscal cliff

12:01 am U.S. ET | July 23, 2012
AutoNation Inc. CEO Mike Jackson generally is bullish on the rest of 2012. But throw in a presidential election in November and the federal government's automatic spending cuts and expiration of Bush-era tax breaks on Jan. 1, and it could all go haywire.... Read More »

 

Rebound in California, Florida fuels AutoNation profit growth

6:45 am U.S. ET | July 19, 2012
AutoNation posted a 9 percent gain in net income for the second quarter and cited in part the recovery in auto sales in states such as California, Florida and Texas.... Read More »

 

MIKE JACKSON

Private equity was good for Obama -- why not Romney?

12:01 am U.S. ET | June 4, 2012
Private equity principles turned around General Motors and Chrysler, so why aren't they good enough for Mitt Romney and Bain Capital? The irony of this presidential campaign fight about private equity just blows my mind Mike Jackson is CEO of AutoNation in Fort Lauderale, Fla.... Read More »

 

U.S. dealership count: Going up

12:01 am U.S. ET | June 4, 2012
In a surprising swing after the severe cutback in U.S. dealerships during the recession, some automakers are again adding stores. This year is shaping up to be the second in a row with an increase in the dealership count. But the expansion isn't likely to last.... Read More »