AutoNation, Inc. (AN)
AutoNation, Inc. (AN) is one of the largest automotive retailers in the United States, operating a network of new and used car dealerships, service centers, and collision repair facilities. Founded in 1996, it offers a wide range of automotive brands and provides vehicle sales, financing, parts, and maintenance services. AutoNation focuses on delivering a comprehensive automotive purchasing and ownership experience through its extensive retail footprint.
Company News
Gabelli Funds will host its 49th Annual Automotive Symposium on November 3rd and 4th, 2025 in Las Vegas, featuring presentations from automotive and trucking companies to discuss industry trends and future developments.
AutoNation reported strong Q2 2025 results with adjusted EPS of $5.46, beating analyst expectations. Revenue grew 8% to $7.0 billion, driven by After-Sales and Customer Financial Services, despite a 34% drop in GAAP net income due to non-cash impairment charges.
US stock futures are trading higher on Friday as Treasury yields ease and investors await economic data. The Nasdaq and S&P 500 are set to open in the green, though the major indices are on track for weekly losses after a six-week rally.
Autonation executive Edward S. Lampert sold over $21 million worth of company stock, reducing his stake to 3.9 million shares. The sales were made at prices ranging from $172 to $182 per share.
CDK cyberattack results in operational chaos in the auto retail industry, forcing dealerships into manual mode and sparking industry-wide cybersecurity reassessments.
