Mike Jackson

Drive Pink fan at the drive-thru

12:01 am U.S. ET | Nov. 16, 2015

When AutoNation launched its Drive Pink campaign in October, CEO Mike Jackson wasn't sure it would pass what he calls the McDonald's test -- essentially, breaking through to the average working person. On Day 4 of the campaign, he learned firsthand that it did....
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Jackson: 'I'm the black sheep' in NADA's view

12:01 am U.S. ET | Nov. 2, 2015

The National Automobile Dealers Association is not a fan of AutoNation's new policy to fix all vehicles with an open recall before selling them, says the dealership group's chief, Mike Jackson....
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AutoNation buys 12 Texas stores in biggest purchase since 1999

8:15 am U.S. ET | Oct. 28, 2015

AutoNation is acquiring 12 stores in Texas from Allen Samuels Auto Group. The stores generate approximately $800 million in revenues and sell about 19,500 new and used retail units a year. Terms of the deal were not disclosed....
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AutoNation's Q3 net rises 11%

8:45 am U.S. ET | Oct. 28, 2015

AutoNation's third-quarter net income rose 11 percent to $118.5 million from a year earlier, as revenues increased 9.1 percent to $5.35 billion. Revenues rose across all business lines, climbing by double digits for new-vehicle sales as well as finance and insurance....
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AutoNation nears purchase of Texas dealership group, source says

9:23 pm U.S. ET | Oct. 25, 2015

AutoNation is poised to make its second huge acquisition deal of 2015. The nation's largest new-car retailer is negotiating to buy Allen Samuels Auto Group based in Waco, Texas, a person familiar with the transaction said....
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AutoNation's website retooling pays off

12:01 am U.S. ET | Oct. 12, 2015

AutoNation CEO Mike Jackson says he's starting to see consistent payoff from the $200 million bet the company placed on using its own website to sell cars online rather than third-party shopping sites....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

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