Welcome to our dedicated page for AutoNation news (Ticker: AN), a resource for investors and traders seeking the latest updates and insights on AutoNation stock.
AutoNation, Inc. (NYSE: AN) is one of the largest automotive retailers in the United States, and its news flow reflects both its operational scale and strategic activity. Company announcements highlight a nationwide network of dealerships that sell new and used vehicles, provide customer financing, and offer parts plus expert maintenance and repair services. News items frequently reference growth across major revenue categories, including new and used vehicle revenue, customer financial services, and after-sales revenue.
Investors and industry followers can use the AutoNation news stream to track developments such as acquisitions, facility investments, earnings results, and capital allocation decisions. Recent releases have covered the acquisition of luxury dealerships in Chicago, Illinois, the purchase of a Toyota store in Baltimore, Maryland, and the grand re-opening of the Porsche Newport Beach retail and service center in California after a ground-up redevelopment. These updates illustrate how AutoNation expands its footprint in key metropolitan markets and enhances its luxury and import brand portfolios.
AutoNation’s news also includes quarterly earnings reports and related conference call announcements, where the company discusses revenue trends, gross profit, segment performance, and the contribution of AutoNation Finance. Capital markets and governance updates, such as additional share repurchase authorizations, appear in press releases that are often incorporated into Form 8-K filings.
Another recurring theme in AutoNation’s news is its DRV PNK initiative, a year-round commitment to drive out cancer. Releases describe fundraising milestones, partnerships with hospitals and cancer organizations, and events such as the distribution of Totes for Hope to adult and pediatric patients. Readers who follow AN news can therefore monitor both the company’s financial and operational updates and its community and philanthropic activities over time.
AutoNation (NYSE: AN) has acquired Groove Ford and Groove Mazda in Denver, Colorado from Summit Automotive Partners, with Pinnacle Mergers & Acquisitions facilitating the transaction. The dealerships will be rebranded as AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe.
This acquisition strengthens AutoNation's presence in the growing Colorado automotive market. The deal adds to Pinnacle's track record in Colorado, where they have previously brokered sales involving major players like Lithia Motors, John Elway Dealership Group, and Autostar Automotive Group.
The transaction reflects ongoing consolidation in U.S. auto retail as large dealer groups expand into key regional markets. The Denver metro area remains one of the most active regions for automotive M&A activity, with strong dealership valuations and high buyer interest.
AutoNation (NYSE: AN) has announced the acquisition of Groove Ford and Groove Mazda in Englewood, Colorado, effective March 31, 2025. The dealerships have been rebranded as AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe.
The acquired stores generated approximately $219M in annual revenue in 2024, selling nearly 5,000 new and used vehicles. This strategic expansion brings nearly 200 new associates to AutoNation and increases the company's presence in the greater Denver area to 22 total dealerships, including 13 Domestic, 6 Import, and 3 AutoNation USA locations.
This acquisition aligns with AutoNation's strategy to increase market density in existing territories, aiming to leverage scale synergies and enhance shareholder returns.
AutoNation (NYSE: AN) has announced the grand opening of two new AutoNation USA stores in Denton and Houston, Texas, expanding its pre-owned vehicle retail presence to eight locations in the state and 26 nationwide. The new stores bring 35 and 36 new jobs respectively to their areas.
The Denton location spans 18,306 square feet and joins AutoNation USA Plano in the Dallas-Fort Worth Metroplex. The Gulf Freeway store in Houston covers 18,426 square feet, complementing existing locations in Houston and Katy.
Both stores feature AutoNation's signature 1Price Pre-Owned experience with haggle-free pricing and the We'll Buy Your Car program offering same-day cash offers. In celebration of the openings, AutoNation honored the Texas chapter of the American Cancer Society through its DRV PNK initiative, which has raised over $40 million for cancer-related causes.
AutoNation (NYSE: AN) reported Q4 2024 results with revenue of $7.2 billion, up 8% year-over-year on a same-store basis. The company achieved EPS of $4.64 and adjusted EPS of $4.97.
Key highlights include: 12% growth in new vehicle same-store unit sales, 14% increase in used vehicle gross profit, and 5% growth in After-Sales gross profit. The company's finance arm, AN Finance, originated $1.1 billion in loans during 2024.
Notable financial metrics: Operating income decreased 3% to $339.5 million, while net income declined 14% to $186.1 million. The company maintained strong balance sheet discipline with leverage reduced to 2.4X in Q4. AutoNation executed $460 million in share repurchases during 2024, representing a 7% share reduction.
AutoNation (NYSE:AN) has been named to Fortune's 2025 World's Most Admired Companies list, marking its eighth consecutive year on the list and fifth consecutive year as the highest-ranked automotive retailer. The selection process, conducted in partnership with Korn Ferry, evaluated 1,500 companies across 52 industries globally, with 3,380 respondents rating companies on nine criteria including management quality and social responsibility.
CEO Mike Manley attributes this recognition to the company's commitment to delivering exceptional experiences and making a lasting impact. A significant part of this impact comes through their DRV PNK initiative, which has raised over $40 million for cancer research and treatment through various community activities.
As one of the largest automotive retailers in the United States, AutoNation provides comprehensive automotive services, including new and used vehicles sales, financing, maintenance, and repair services through its nationwide network of dealerships.
AutoNation (NYSE: AN) has announced it will release its Q4 2024 financial results on Tuesday, February 11, 2025, before market opens. The company will host a conference call and audio webcast at 9:00 a.m. Eastern Time to discuss the results.
Investors can access the conference call via telephone at 833-470-1428 (Conference ID: 705922) or through AutoNation's investor relations website. The webcast recording will be available until March 04, 2025, through the website or by calling 866-813-9403.
AutoNation is one of the largest automotive retailers in the United States, operating a nationwide network of dealerships. The company offers new and used vehicles, financing, parts, and maintenance services.
AutoNation (NYSE: AN) announces its Mobile Services initiative ahead of Thanksgiving, offering over 200 vehicle repair and maintenance services directly to customers' locations. With gas prices around $3 per gallon and an expected 72 million travelers on the road, the company aims to provide convenient pre-travel maintenance services. The mobile service is available in 17 major U.S. cities, including Atlanta, Chicago, Dallas, and Los Angeles. Customers can schedule services online through autonationmobileservice.com, allowing them to manage vehicle maintenance while preparing for holiday travel.
AutoNation (NYSE: AN) launched its 8th Annual DRV PNK Across America Campaign, highlighting its commitment to fighting cancer. The company has donated and raised over $40M for cancer research and treatment. The campaign includes the Totes for Hope program, where 25,000 Associates created tote bags for cancer patients, partnerships with sports teams, and various fundraising events nationwide. Through December, customers can make donations at AutoNation's 300 locations to support the Breast Cancer Research Foundation, which has received nearly $2 million in customer donations over nine years.
AutoNation (NYSE: AN) has donated $25,000 to the Onco-Ballet Foundation, a nonprofit organization that helps cancer patients and survivors through ballet therapy. The donation was announced on 'The Drew Barrymore Show' and is part of AutoNation's DRV PNK initiative, which has raised over $40 million for cancer research, prevention, and care. The Onco-Ballet Foundation, founded in 2023 by Anna Wassman-Cox, a former professional ballerina and two-time breast cancer survivor, offers free and low-cost ballet classes to cancer patients in Irvine, California.
AutoNation (NYSE: AN) announces a special Veterans Day promotion offering a 20% discount on all services at AutoNation-branded locations and Mobile Service from November 11-16, 2024. The discount applies to active military personnel, veterans, and their spouses, with a maximum discount of $300 in-store and $150 for mobile services. The company also highlights its partnership with the U.S. Army's PaYs program, connecting transitioning soldiers with civilian career opportunities at AutoNation. The service is available through their nationwide network of dealerships and mobile service operations in 17 major U.S. cities.
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