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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. [7] [8]
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Fitzgerald Auto Mall is a family owned and operated auto dealership that was founded in 1966, with its first location opening in Bethesda, Maryland.As of 2014, Fitzgerald Auto Mall ranked number 59 on the list of the "Top 125 Dealership Groups" in the U.S., which is published annually by Automotive News. [1]
Nation's largest automotive retailer AutoNation knows, and on Tuesday, it announced its latest sales figures for new-car sales for the month of May. According to the Fort Lauderdale, Fla.-based ...
Alpine is developing two electric crossovers—similar in size to the Porsche Macan and Cayenne coupe—that are due to arrive stateside in 2027, according to the French brand's CEO.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia.
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