TITLE

A Fortune 100 Company That Goes It Alone

AUTHOR(S)
Sweeney, Paul
PUB. DATE
November 2004
SOURCE
Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Interview
ABSTRACT
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.
ACCESSION #
15224145

 

Related Articles

  • 'AutoNation' now a brand; who's next? Wilson, Amy; Kurylko, Diana T.; LaReau, Jamie; Sawyers, Arlena // Automotive News;2/4/2013, Vol. 87 Issue 6554, p1 

    The article reports that the next wave for a dealership business model that has moved from exclusively mom-and-pop stores is signified by AutoNation Inc.'s move to put its corporate name on most of its stores in the U.S. It is stated that AutoNation's luxury-brand stores are not included in the...

  • AutoNation, Asbury boost spending plans. Wilson, Amy // Automotive News;2/10/2014, Vol. 88 Issue 6607, p16 

    The article reports on the plan of publicly-owned automobile retailers AutoNation Inc. and Asbury Automotive Group Inc. to invest more in their businesses in 2014.

  • AutoNation. Investor's Business Daily // Investors Business Daily;4/ 3/2014, pA02 

    The article reports on the increase in new-vehicle sales from 6% to 28,796 posted by car dealership operator AutoNation Inc. with shares up from 0.4% to 54.90 in the U.S.

  • Ya gotta believe: Dealers buy GM stock.  // Automotive News;7/21/2008, Vol. 82 Issue 6317, p38 

    The article reports that the 20 members of General Motors Corp.'s (GM) national dealer council in the U.S. purchased more than $1 million worth of the firm's stock in July 2008. GM's share prices decreased from more than $40 in October 2007 to less than $10 in October 2008. Duane Paddock, the...

  • The sweet 16. Harris, Donna // Automotive News;3/23/2009, Vol. 83 Issue 6352, p1 

    The article reports on the survey done by the magazine, "Automotive News," according to which only 16 of the U.S. top 125 automobile dealers saw an increase in their revenues in the year 2008. It is reported that, the aggregate revenues, for the companies surveyed, declined by 13.2% in 2008. It...

  • Dealership Buy/Sell.  // Automotive News;1/10/2011, Vol. 85 Issue 6446, p34 

    The article presents news briefs from U.S. automobile dealerships. AutoNation Inc. has bought Hyundai Mall of Georgia from Williams Auto Group. Spartan Automotive Group has bought James Toyota in Pullman, Washington, from Jim Hill. LCM Autogroup has bought Alhambra Mazda in Alhambra, California,...

  • AutoNation's lead shrinks as largest U.S. dealer group. Harris, Donna // Automotive News;3/24/2008, Vol. 82 Issue 6300, p16 

    The article reports that the automobile dealership, AutoNation Inc.'s new-vehicle retail sales and gross revenue have been the lowest in 2008 since 1998. According to the list of the top 125 U.S. dealership groups for 2008 of the periodical "Automotive News," as AutoNation's sales volume sank,...

  • Top dealers: Our annual snapshot. Sawyers, Arlena // Automotive News;3/21/2011, Vol. 85 Issue 6456, p1 

    The article presents information on ranking of the U.S. automobile dealership groups on the basis of their retail unit sales in 2010. It reports that the list of top 125 U.S. dealerships compiled by the periodical includes two new groups among top 25, including Prestige Management Services Inc.,...

  • Large public groups parlay size into F&I imcome. Migliore, Greg; Harris, Donna // Automotive News;4/17/2006, Vol. 80 Issue 6198, p52 

    The article reports that large, publicly held automobile dealership in the U.S. use their size and resources to standardize training and speed transactions to produce steady revenue from their finance and insurance departments. Lithia Motors Inc., a public dealership group in Medford, Oregon,...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics