AutoNation quarterly profit dips; key markets weaken


DETROIT, April 26 (Reuters) - Car dealership chain AutoNation Inc. on Thursday said first-quarter profit fell, hurt by higher interest expense and weaker demand for new vehicles in the key markets of California and Florida. The largest U.S. automotive retailer said net income fell to $77.6 million from $87.2 million a year earlier. Earnings per share, however, rose to 37 cents per share from 33 cents per share a year earlier due to a share buyback program. Income from continuing ...

Premium Content (PAID Subscription Required)

"AutoNation quarterly profit dips; key markets weaken" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×