AutoNation

AutoNation, Inc.
Company typePublic
IndustryCar dealership
Founded1996
FounderH. Wayne Huizenga
Headquarters
Fort Lauderdale, Florida, U.S.
,
United States
Key people
Mike Manley (CEO)
Websitewww.autonation.com

AutoNation is a company in the United States that sells cars. It is based in Fort Lauderdale, Florida. AutoNation sells new and used cars and also offers car-related services.

The company started in 1996. Its founder is Wayne Huizenga. AutoNation began with 12 stores and now has over 300.

History

In 1997, AutoNation bought Maroone Automotive Group for $200 million. In 1998, CarMax sued AutoNation for copyright issues. CarMax first won $50 million, but this was overturned.

In 2011, AutoNation became the first car retailer in the U.S. to sell 8 million cars. By 2022, it had sold 14 million cars.

In 2023, AutoNation bought RepairSmith, a company that provides car repair services at home, for $190 million.

References

  1. ↑ "Stellantis' Manley goes from wheeling to dealing as AutoNation's new CEO". Reuters. 2021-09-21. Retrieved 2024-11-26.
  2. ↑ White, Joseph B., "One Billion Cars"[permanent dead link], The Wall Street Journal, April 17, 2006.
  3. ↑ Bradsher, Keith, "Huizenga Wants to Dominate the Market", The New York Times, March 6, 1997.
  4. ↑ "About AutoNation | America's Largest & Most Recognized Automotive Retailer". www.autonation.com. Retrieved 2024-11-26.
  5. ↑ "CarMax awarded $50 million from AutoNation Unfair competition involves similar names". Baltimore Sun. 28 October 1998. Retrieved 2024-11-26.
  6. ↑ "AutoNation". CompaniesHistory.com. 2013-06-24. Retrieved 2024-11-26.
  7. ↑ Cannon, Marc. "AutoNation Sells 14 Million Vehicles". Used Car News (Press release). UCN. Retrieved 2024-11-26.
  8. ↑ Torres, Destiny (2022-12-19). "AutoNation to Acquire RepairSmith for $190M". Los Angeles Business Journal. Retrieved 2024-11-26.