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AutoNation continued growing by acquiring other companies in the car rental business such as National Car Rental, Spirit Rent-A-Car, Value Rent-A-Car, Snappy Car Rental and more. [9] In 2011, AutoNation was the first auto retailer in the United States to sell a total of 8 million vehicles. [9]
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Automakers' gross sales statistics notwithstanding, it's not always easy to understand how car sales are stacking up in the real world. Nation's largest automotive retailer AutoNation knows, and ...
AutoNation, Inc. (NYSE:AN) shares are trading lower after the company reported third-quarter results. The company reported adjusted earnings per share of $4.02, missing the street view of $4.38.
Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012. In used-vehicle sales it also ranks No. 9, with retail used-vehicle sales of 49,067 in 2012. [38]
Although there are some recurring favorites, for the most part, the bestselling used and new cars in America vary from state to state. Part of this is a reflection of the differing lifestyles ...
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