AutoNation Inc logo

AutoNation Inc

3
2
NYSE:AN (USA)   Ordinary Shares
$ 158.27 +3.7 (+2.39%) 10:08 PM EST
6.98
P/B:
2.98
Enterprise V:
$ 14.42B
Volume:
389.60K
Avg Vol (2M):
459.87K
Also Trade In:
Volume:
389.60K
Avg Vol (2M):
459.87K

Business Description

AutoNation Inc logo
AutoNation Inc
NAICS : 441110 SIC : 5511
ISIN : US05329W1027

Share Class Description:

AN: Ordinary Shares
Description
AutoNation is the second largest automotive dealer in the United States, with 2023 revenue of about $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 19 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 21 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.