AutoNation wants cheaper used cars — but not too cheap

CEO Mike Manley says inventories featuring cars under $30,000 would benefit consumers and uphold AutoNation's brand image.
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AutoNation Q3 used sales strong but inventory strategy creates depreciation exposure, said CEO

AutoNation reported a relatively strong used-car performance in the third quarter as its focus on optimizing used acquisition showed results. But its inventory holding strategy did expose AutoNation ...

5 Must-Read Analyst Questions From AutoNation’s Q4 Earnings Call

AutoNation’s fourth quarter was marked by contrasting trends, with the company missing Wall Street’s revenue targets but surpassing profit expectations. Management attributed the quarter’s performance ...