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The Latest Breaking News from AutoNation Inc

3 Auto Stocks That Could Transform into a Financial Triumph

Despite the macroeconomic challenges, the auto industry remains well-positioned to grow this year due to its robust vehicle demand. Therefore, it could be wise to invest in fundamentally strong auto stocks Suzuki Motor (SZKMY), Compagnie Générale des Établissements Michelin (MGDDY), and AutoNation (AN) for financial triumph. Read more.

StockNews.com

Top 3 Auto Stocks to Buy Instead of CarMax (KMX)

The auto dealers and rental industry is booming thanks to strong demand for vehicles, easing inflation, changing attitudes towards car ownership, rising disposable incomes, etc. Considering these factors, it could be wise to buy fundamentally strong auto stocks: AutoNation (AN), Group 1 Automotive (GPI), and Cars.com (CARS). On the other…

StockNews.com

AutoNation expects used-car price drop as volumes recover

AutoNation Inc., one of the biggest car dealership chains in the U.S., expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers.

Tribune News Service

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4 Stocks With the Best Value to Buy Right Now

As inflation cooled down in December, marking the sixth consecutive month of slowing annual inflation, the market expects slower rate hikes ahead. Hence investors should consider fundamentally strong stocks Mosaic (MOS), AutoNation (AN), Ryerson Holding (RYI), and Bluegreen Vacations Holding (BVH) that look significantly undervalued compared to their industry peers.…

StockNews.com

Auto Nation Q1 Earnings Tops Estimates

AutoNation Inc (NYSE:AN) reported first-quarter FY22 sales growth of 14% year-on-year to $6.75 billion, beating the consensus of $6.48 billion. The company attributed the Q1 sales growth to a 47% increase in used vehicle revenue. Segment income from Domestic rose 26% Y/Y, Import grew 48%, and Premium Luxury rose 45%. Gross profit improved…

Benzinga

AutoNation Raises $700M Via Debt Offering

AutoNation Inc (NYSE:AN) has priced the $700 million of senior unsecured notes due 2032 at 3.850%. The notes will be issued at 99.835% of the aggregate principal amount, representing a yield to maturity of 3.870%. The offering is expected to close on February 28, 2022, subject to customary closing conditions. AutoNation intends to…

Benzinga

AutoNation Q4 Earnings Tops Estimates

Automotive retailer AutoNation Inc (NYSE:AN) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $6.58 billion, beating the analyst consensus of $6.37 billion. The company attributed the Q4 sales growth to a 55% increase in used vehicle revenue, more than offsetting the decline in new vehicle revenue of 7%. Segment income from Domestic rose…

Benzinga

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