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AutoNation’s Profit Up 14% in First Quarter On Increasing Auto Sales


AutoNation reported net income during the first quarter up 14% on growing car sales. AutoNation said net income increased 14% in the first quarter and revenue grew 12% from $3.7 billion to $4.1 billion. All the company’s businesses, such as insurance, financing, service and new and used car sales, contributed to this increase. "It's really an across-the-board performance, within the context of ...
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More us auto sales articles

US Auto Sales to Reach Slowest Pace Since Chrysler, GM Bankruptcies
Auto sales in the US have reached the slowest pace over the past three years, despite the automakers’ spending on incentives. At the end of February the average number of days ...
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U.S. auto sales in February remain strong despite rising fuel prices and the threat of new government spending cuts, according to analysts. LMC Automotive, the forecasting partner of J.D. Power and ...
Detroit 3 post double-digit sales growth in the U.S. in January
General Motors, Ford and Chrysler all posted double-digit sales growth in the U.S. in January, as demand stood strong and the economy recovered. Ford posted a 21.8 sales increase last month, ...
Report: U.S. auto sales growth to outpace global growth in 2013
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New car sales to hit 15,3 mln units in U.S. in 2013
New car sales in United States are expected to hit 15.3 million units, an increase of 6.6 percent compared to 2012, when about 14.5 million new vehicles were sold, R.L. ...
Detroit 3 announce increased sales amid economic recovery
Chrysler, Ford and General Motors posted increased November sales by 14 percent, 6.5 percent and 3.4 percent respectively. New car sales in the United States are expected to rise 12 percent ...
November auto sales expected to rise 12 percent in the U.S.
U.S. auto sales are recovering after the damage made by Hurricane Sandy in late October and early November. Auto analysts predict November should show a 12 percent increase from the same ...
U.S. automakers expect sales of pickup trucks to surge as housing market improves
Carmakers are betting on a potential pickup truck sales surge as the housing market improves in the U.S. While Ford and General Motors both report sales increases, Chrysler has added 1,000 ...
Hurricane Sandy damaged U.S. auto retail sales in October
U.S. auto retail sales fell in October for the first time in three months as Hurricane Sandy prevented people from purchasing automobiles. According to the Commerce Department, sales fell 0.3 percent ...

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