AutoNation sees US recovery, to go 'on offense'

Newswire

FT. LAUDERDALE, Florida, Sept 23 (Reuters) - AutoNation Inc., the top U.S. auto dealership chain, is ready to go "on offense" by acquiring new stores and buying more vehicles as it bets that the battered U.S. auto market is headed for a long and steady recovery, the company's chief executive said. "We're through the abyss. We're through the trough, there's no question in my mind," AutoNation Chief Executive Mike Jackson said in an interview with Reuters. Jackson forecast a gradual ...

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