AUTONATION REPORTS SECOND QUARTER 2018 Mike Jackson Blog 

AutoNation Reports Second Quarter 2018 Results, Net Income from Continuing Operations Up 11%

FORT LAUDERDALE, Fla., Aug. 1, 2018 /PRNewswire/ — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported second quarter 2018 net income from continuing operations of $97 million, or $1.07 per share, up 11% compared to second quarter 2017 net income from continuing operations of $88 million, or $0.86 per share. Second quarter 2018 net income from continuing operations included a non-cash franchise rights impairment charge of $6 million after-tax, or $0.07 per share.

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Sergio Marchionne Alfa Romeo Automotive News Chrysler Dodge Featured FIAT Jeep Maserati Mike Jackson Blog 

FIAT Chrysler CEO Sergio Marchionne has Passed Away

Sergio Marchionne, the charismatic automotive executive who rescued both FIAT and Chrysler, has passed away. He was 66 years old. Over the years his unconventional style, in both business strategy and — see his standard uniform of black sweaters — fashion choices won him many admirers in the industry. AutoNation’s own Mike Jackson counted Marchionne as a personal friend, and spoke with the New York Times this morning about what set him apart, saying “He could take a fire hose of complexity and reduce it to its fundamentals in minutes,” and that “he…

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Autonation 2018 Q2 Earnings Mike Jackson Blog 

AutoNation Announces Second Quarter 2018 Earnings Conference Call Details

AutoNation Announces Second Quarter 2018 Earnings Conference Call and Audio Webcast Scheduled for Wednesday, August 1, 2018 FORT LAUDERDALE, Fla., July 12, 2018 /PRNewswire/— AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today announced that it will release its financial results for the second quarter of 2018 on Wednesday, August 1, 2018. Mike Jackson, Chairman, Chief Executive Officer and President, Lance Iserman, Executive Vice President of Sales and Chief Operating Officer, Scott Arnold, Executive Vice President of Customer Care and Brand Extensions, and Cheryl Miller, Executive Vice President and Chief…

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Mike Jackson Blog 

AutoNation Reports Record First Quarter EPS

In today’s first quarter reporting from AutoNation, it was stated that the first quarter EPS was $1.01 — up 4% compared to the first quarter 2017 EPS, and a record for first quarter results. Other findings include the following: Total revenue of $5.3 billion increased by 2% compared to year-ago period Same store revenue of $5.2 billion increased by 3% compared to the year-ago period Same store used vehicle gross profit was $82 million, up 9% compared to the year-ago period Same store Customer Financial Services gross profit was $238…

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Mike Jackson Blog 

Dr. Jacqueline A. Travisano Elected to AutoNation’s Board of Directors

AutoNation announced today that its stockholders have elected Dr. Jacqueline A. Travisano to AutoNation’s Board of Directors at the 2018 Annual Meeting of Stockholders held on April 19, 2018. Mike Jackson, AutoNation’s Chairman, Executive Officer, and President had the following to say: “With decades of experience in operations, finance, marketing, and technology, we think Jackie will bring valuable experience and insight to the AutoNation Board, in particular as we implement our brand strategy.” Dr. Travisano is also the Executive Vice President for Business and Finance and Chief Operating Officer of…

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