AutoNation Posts Solid Q4
Revived inventories boost nationwide retailer, though its used-vehicle business fell.
Though overall revenue was up, the company's profit fell.
IMAGE: Pexels/Kelly
Auto retailer AutoNation reported healthy fourth-quarter revenue gains as sales benefitted from improved inventories.
Gross profit, though, was down 5% to $1.2 billion, the company said.
The Florida-based auto retailer, one of the country's biggest, reported a 1% year-over-year revenue increase to $6.8 billion as its new-vehicle and after-sales growth balanced fallen used-vehicle sales.
New-vehicle revenue rose 7% to $3.4 billion and after-sales revenue by 11% to $1.1 billion while used-vehicle revenue fell 12% to $1.9 billion.
"Our results demonstrate the strength of our business model. We enjoyed excellent new vehicle unit sales and competed well in a dynamic used vehicle market,” said CEO Mike Manley.
LEARN MORE: Public Auto Groups Post Strong Year
Originally posted on Auto Dealer Today
More Industry
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →