A Fortune 100 Company That Goes It Alone

Sweeney, Paul
November 2004
Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p33
Trade Publication
This article presents an interview of Craig Monaghan, chief financial officer and senior vice president at AutoNation Inc. Headquartered in Boca Raton, Florida, AutoNation Inc. is the largest auto dealership group in the U.S. With total revenue of $19.4 billion, it boasts 372 new-vehicle franchises in more than 15 states, mostly in the Sunbelt. The company is more than twice the size of its closest competitor. Its rapid growth occurred during the late 1990s, when the company, then known as Republic Industries, used its outsized stock price and cash from noncore businesses to go on a shopping spree.


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