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AutoNation is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. [6] The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets.
It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group. [8] As of May, 2024, Lithia operates 298 stores in the United States, 14 stores in Canada and 170 in the United Kingdom. [9] Lithia Motors employs approximately 21,150 people. [10]
The holdback allows dealerships to promote at- or near-invoice price sales and still achieve comfortable profits on such transactions. [8] With the advent of the Internet, the process of selling cars has undergone a considerable change. More than 70% of car purchases in the United States start with research on the Internet.
Plant Name Address Products Flat Rock Assembly Plant: 1 International Dr. Flat Rock, Michigan 48134 Ford Mustang: Chicago Assembly: 12600 S Torrance Ave. Chicago, Illinois 60633
Michael Jackson (also known as Mike Jackson) is the retired Chief Executive Officer (effective November 1, 2021) and former Executive Chairman of the Board of Directors (effective February 16, 2021) of AutoNation, Inc. [2] Under his guidance the organization became the largest automotive retailer in the United States, using a more customer-focused, transparent and contemporary business model.
In 2022 and from its founding, AutoNation sold its 14 millionth vehicle in the United States. [1] Tramel1599 12:03, 14 November 2022 (UTC) Done with less awkward language. -- Bastique ☎ call me! 16:57, 14 November 2022 (UTC)
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