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Stellantis

Weekly roundup: Stellantis posts record earnings, Tesla’s 7-year financing, new AI...

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Earlier this week: Stellantis reported record-breaking earnings of $12.1 billion, a 37% increase in net profit, and a 12% year-over-year revenue growth to $109...
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings and new car sales.

AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales

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AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new...
AutoNation has expanded once again, this time buying five dealerships from the Bob Baker Auto Group in Carlsbad, California.

AutoNation purchases 5 stores in California, Goode Motor Auto Group enters...

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The following notable M&A deals were finalized in the past few months, involving numerous brands and a few high-profile dealer groups.  AutoNation AutoNation has expanded once...
AutoNation Q1 Mike Manley

AutoNation posts declining profits in Q1, will take ‘more cautionary approach’

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AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...
downgraded

AutoNation stock downgraded by JPMorgan after sales take a hit in...

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JPMorgan Chase & Co. downgraded AutoNation's stock to "underweight" from "neutral" following a decrease in vehicle sales in 2022. The downgrade echoes the industry's mixed...
Lithia Motors CEO

Lithia Motors beats AutoNation to become top selling dealership group in...

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Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made...
AutoNation gross profit

AutoNation announces Q4 profit record, expects market prices to drop

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As manufacturers increase volume and provide more incentives to price-conscious shoppers, AutoNation, one of the largest car dealership chains in the U.S., anticipates a...
people power messaging ActivEngage

Streamlining communications to improve the customer experience — Ted Rubin &...

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Are car dealerships ready for future shifts in customer messaging technology? At the NADA Show in Dallas this year, CBT News anchor Jim Fitzpatrick...
AutoNation, RepairSmith

AutoNation expands with RepairSmith to be the #1 leader in transportation...

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AutoNation is set to acquire RepairSmith, a full-service mobile repair and maintenance company making solutions much more convenient and comprehensive for their customers....
Automotive Ventures EVs startups connected car Buick CES

AutoNation acquires RepairSmith, expanding its after-sale product offerings

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 Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...