INTERVIEW-UPDATE 1-AutoNation sees US rebound, goes 'on offense'

Newswire

*CEO sees 'six or seven years' of US auto recovery ahead *Orders for inventory up by half, looking for acquisitions *Company also weighs share buybacks, stepped-up capex-CFO (Adds detail from interviews with CEO, CFO, adds byline) By Kevin Krolicki FT. LAUDERDALE, Fla., 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 ...

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