Mike Jackson

Jackson says 2015 sales could be 'knocking on the door of 17 million'

12:31 pm U.S. ET | Oct. 2, 2014
Auto sales in the United States could hit nearly 17 million at the end of next year, AutoNation CEO Mike Jackson said today after reporting his company’s best third quarter since 2006 and a 16 percent bump in September new-vehicle sales....
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Easing off on acquisitions

AutoNation adds 4 stores, but won't buy much more this year

12:01 am U.S. ET | Sept. 15, 2014
AutoNation Inc.'s deal to buy four Bellevue, Wash., luxury-brand dealerships is the company's biggest acquisition since late 2012....
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AutoNation preps for online sales

12:01 am U.S. ET | July 21, 2014
By Christmas, AutoNation Inc. customers will be able to initiate a vehicle purchase online....
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Automotive News to host dealer conference at NADA

12:01 am U.S. ET | July 21, 2014
Automotive News will host a half-day conference devoted to dealer issues on Jan. 22 in San Francisco at the Hotel InterContinental during the National Automobile Dealers Association convention....
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Jackson: We'll get our own leads

12:01 am U.S. ET | April 21, 2014
CEO Mike Jackson put the big Internet shopping sites on notice last week: AutoNation is building Web products that will slash the number of leads the group's 229 stores get from AutoTrader, Cars.com, TrueCar and others....
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AutoNation stepping away from third-party leads

7:15 am U.S. ET | April 17, 2014
AutoNation, tired of paying high prices for online leads, plans to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com and Cars.com, CEO Mike Jackson says. He says he will strengthen AutoNation's Web site and digital presence to build traffic and sales....
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AutoNation reports 6% March volume increase, best-selling Q1 since 2007

12:02 pm U.S. ET | April 2, 2014
AutoNation said today its new-vehicle retail sales in the United States rose 6 percent in March from a year earlier to 28,796 units....
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AutoNation CEO will get base salary raise in 2014

3:42 pm U.S. ET | March 24, 2014
AutoNation CEO Mike Jackson is getting a salary increase for the first time since 2002. Jackson will be paid a base salary of $1.25 million in 2014, AutoNation, the country’s largest dealership group, said in its proxy filing today. That’s a $100,000 gain over his salary for the previous 12 years....
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AutoNation CEO honored for success

12:01 am U.S. ET | March 17, 2014
AutoNation CEO Mike Jackson's success story is being used as an example to inspire young people....
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AutoNation, Asbury boost spending plans

12:01 am U.S. ET | Feb. 10, 2014
Two of the nation's largest publicly owned retailers are preparing to invest more in their businesses in 2014 than they did last year, according to numbers released with those companies' 2013 earnings reports....
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Detroit 3 shrug off rising output, stockpiles after January chill

12:34 am U.S. ET | Feb. 4, 2014
The drop in U.S. light-vehicle sales in January has left dealers with higher-than-normal piles of unsold vehicles just as factories are cranking up production. Automakers run the risk of resorting to discounts to move cars off lots to meet 2014 forecasts, which remained unchanged even after the January slump, analysts say....
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AutoNation could do big deals -- or none

12:01 am U.S. ET | Feb. 3, 2014
AutoNation Inc. could add as much as $2 billion in annual revenue through acquisitions in 2014 -- but CEO Mike Jackson isn't setting that as a target....
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2014 DETROIT AUTO SHOW

AutoNation's Jackson picks Detroit show hits

12:01 am U.S. ET | Jan. 20, 2014
Reporter Jamie LaReau toured the North American International Auto Show with AutoNation CEO MIke Jackson, as he highlighted the biggest hits he saw. Click here to read the full blog....
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Jackson cheers FTC crackdown on bad ads

12:01 am U.S. ET | Jan. 20, 2014
AutoNation Inc. CEO Mike Jackson is delighted that the Federal Trade Commission is cracking down on deceptive advertising by dealerships. "Automotive advertising needs to be regulated in fairness to consumers and to level playing field competition," Jackson, head of the nation's largest dealership group, told Automotive News. "The consumer deserves more."...
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Once again, Jackson sees clouds forming

12:01 am U.S. ET | Jan. 20, 2014
There's trouble ahead if carmakers continue to boost vehicle production, Mike Jackson says....
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2014 AUTOMOTIVE NEWS WORLD CONGRESS

AutoNation CEO Jackson: Dealer lots are too full

12:01 am U.S. ET | Jan. 20, 2014
Mike Jackson says 2014 is shaping up as a test of automakers' discipline in coming to grips with a slower-growing market....
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2014 AUTOMOTIVE NEWS WORLD CONGRESS

AutoNation's Jackson warns of excessive inventory levels in 2014

2:18 pm U.S. ET | Jan. 14, 2014
AutoNation CEO Mike Jackson is warning manufacturers to slow production in 2014. Jackson said the auto industry is unlikely to grow in 2014 at the same rate it has been growing in the past few years....
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JAMIE LaREAU

AutoNation's Mike Jackson picks his show winners

10:06 am U.S. ET | Jan. 14, 2014
AutoNation's CEO Mike Jackson has a tradition at the Detroit auto show. He walks the show floor early in the morning before most others arrive. Only once in his 25 years of attending the show was that ritual interrupted....
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Dealer acquisition spend doubles in first 3 quarters

12:01 am U.S. ET | Dec. 30, 2013
Acquisition spending on U.S. dealerships by public retailers more than doubled during the first three quarters of 2013 from the same period in 2012....
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AutoNation boss Jackson to join Atlanta Fed board of directors

12:01 am U.S. ET | Dec. 16, 2013
Mike Jackson is moving on up at the Federal Reserve. The AutoNation chief has been appointed to the Federal Reserve Bank of Atlanta's board of directors, effective Jan. 1....
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CRASH FLASHBACK

On the air: Bob Lutz, Mike Jackson, and more offer perspectives on the crash

12:01 am U.S. ET | Nov. 4, 2013
Automotive News sat down with key industry insiders and our own editors to talk about what it was like during this dark period for the automotive industry....
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CRASH FLASHBACK

Jackson: 'Teetering on the brink'

12:01 am U.S. ET | Nov. 4, 2013
Mike Jackson, CEO of the AutoNation dealership group, says Detroit 3 bosses thought they had time to fix their business model. Some were wrong....
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Buyers are back after shutdown

12:01 am U.S. ET | Oct. 28, 2013
The federal government shutdown kept some would-be car shoppers away from dealerships in the first half of October, but forecasters still expect U.S. auto sales to rise at least 12 percent this month. The debt ceiling battle in Congress dinged consumer confidence and added to concerns lingering from September, when the industry broke a 27-month streak of consecutive gains....
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AutoNation's Jackson blasts CFPB for being 'determined' to find lending bias

4:19 pm U.S. ET | Oct. 24, 2013
AutoNation Chairman Mike Jackson blasted the Consumer Financial Protection Bureau today for being “bound and determined” to find discrimination in auto lending whether or not it exists, at least in his company's case....
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