UPDATE 1-AutoNation 1st-qtr profit dips; key markets weaken


(Adds details, background) DETROIT, April 26 (Reuters) - Car dealership chain AutoNation Inc on Thursday said quarterly 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 first-quarter net income fell to $77.6 million from $87.2 million a year earlier. Earnings per share, however, rose to 37 cents a share from 33 cents a share a year earlier, boosted by a share buyback. ...

Premium Content (PAID Subscription Required)

"UPDATE 1-AutoNation 1st-qtr 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×