UPDATE 2-AutoNation posts profit on cost-cutting, Clunkers


* EPS from continuing ops $0.36; Street view $0.35 * Revenue down 15 pct to $2.9 billion * Cost-cutting, "Cash for Clunkers" boost results * Shares up 2 percent (Adds CEO remarks, outlook, details on impact from government incentive program, DETROIT, Oct 29 (Reuters) - AutoNation Inc , the largest U.S. auto retailer, posted a quarterly profit thanks to cost-cutting and the government's "Cash for Clunkers" incentive program and said it would target dealership acquisitions as the ...

Premium Content (PAID Subscription Required)

"UPDATE 2-AutoNation posts profit on cost-cutting, Clunkers" 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) ×