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Newswire

Ford Motor says resin shortage won't cut production  

1 U.S. auto dealership group AutoNation Inc, said he was told by the major automakers that the supply of cars and trucks would not be curtailed. "On the resin, all manufacturers have confirmed their production plan for the next six weeks, no disruption. And they say, while there are...
Apr. 27, 2012 | http://wardsauto.com/ford-motor-says-resin-shortage-wont-cut-production
Commentary

Big Picture Includes Small Dealers, Too

Or so the thinking goes. Disputing that is none other than Michael Jackson, CEO of AutoNation, the chain that once again ranks No.1 on the WardsAuto Megadealer 100. “If you take a mono view of the marketplace, you are making a huge mistake,” he tells me. “There are two Americas:...
Apr. 27, 2012 | http://wardsauto.com/2012-megadealer/big-picture-includes-small-dealers-too
Newswire

UPDATE 1-New-vehicle sales boost Group 1 profit  

Group 1's market-topping results follow strong performances from peers AutoNation Inc and Lithia Motors Inc as dealers benefit from recovering U.S. auto sales. Group 1 said it expects new vehicle industry sales of 14.5 million units in 2012. The company is heavily reliant on Toyota...
Apr. 26, 2012 | http://wardsauto.com/update-1-new-vehicle-sales-boost-group-1-profit
Newswire

WRAPUP 2-Fuel-efficient vehicles boost US dealership profits  

* AutoNation: Higher fuel prices spurred vehicle sales in Q1 * Dealership groups all report higher vehicle prices in Q1 * Chrysler offering dealer incentives to spur sales-execs (Adds details on Chrysler dealer incentives, comments on incentives) By Deepa Seetharaman and Bernie...
Apr. 25, 2012 | http://wardsauto.com/wrapup-2-fuel-efficient-vehicles-boost-us-dealership-profits
Newswire

WRAPUP 1-Strong U.S. auto sales boost dealer groups  

* AutoNation: Higher fuel prices spurred vehicle sales in Q1 * Dealership groups all report higher vehicle prices in Q1 * AutoNation shares down, Penske flat, Lithia up more than 6 pct By Deepa Seetharaman and Bernie Woodall DETROIT, April 25 (Reuters) - U.S...
Apr. 25, 2012 | http://wardsauto.com/wrapup-1-strong-us-auto-sales-boost-dealer-groups
Newswire

UPDATE 2-AutoNation beats expectations on strong sales  

* CEO: Auto industry stronger than overall U.S. economy * AutoNation raises 2012 U.S. auto sales forecast * AutoNation has record high for EPS from continuing ops (Adds CEO quotes, rise in 2012 U.S. auto sales forecast, details) By Bernie Woodall April 25 (Reuters)...
Apr. 25, 2012 | http://wardsauto.com/update-2-autonation-beats-expectations-strong-sales
Article

Top Dealer Praises Auto Makers’ Improved Ways

Auto makers are better matching production to demand, and that’s transformed the industry, says Michael Jackson, CEO of AutoNation , No.1 on the WardsAuto Megadealer 100. “Never before have I seen a better match of what people want and what auto makers are building,” he says...
Apr. 25, 2012 | http://wardsauto.com/2012-megadealer/top-dealer-praises-auto-makers-improved-ways
Article

Megadealers May Lead Customer-Experience ‘Revolution’

” Being bigger allows megadealers to both experiment and adapt more readily to market changes, says Michael Jackson, CEO of AutoNation, the country’s largest auto-retail chain. “It is a very detailed-oriented business, a very immediate business,” he tells WardsAuto. “The customer...
Apr. 24, 2012 | http://wardsauto.com/2012-megadealer/megadealers-may-lead-customer-experience-revolution
Newswire

UPDATE 3-Sonic shares fall 11 pct after earnings miss  

auto dealer groups showed losses that were not nearly as sharp as Sonic's. No. 1 U.S. auto dealer group AutoNation Inc's shares were down 1 percent, No. 2 Penske Automotive shares fell 3 percent, and No. 3 Group 1 Automotive shares were also down 3 percent. The wider S&P Index was...
Apr. 23, 2012 | http://wardsauto.com/update-3-sonic-shares-fall-11-pct-after-earnings-miss
Newswire

UPDATE 3-US March auto sales up 13 pct, recovery quickens  

* US March auto sales up 12.7 percent * Best quarterly sales since 2008 * Chrysler sales up 34 pct, GM sales up 12 pct * Ford sales rise 5 pct, Volkswagen up 35 pct * AutoNation raises 2012 U.S. auto industry sales forecast (Adds final sales data, results by more automakers, analyst...
Apr. 3, 2012 | http://wardsauto.com/update-3-us-march-auto-sales-13-pct-recovery-quickens
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