AutoNation
| Company type | Public |
|---|---|
| Industry | Car dealership |
| Founded | 1996 |
| Founder | H. Wayne Huizenga |
| Headquarters | Fort Lauderdale, Florida, U.S. , |
Key people | Mike Manley (CEO)[1] |
| Website | www |
AutoNation is a company in the United States that sells cars. It is based in Fort Lauderdale, Florida. AutoNation sells new and used cars and also offers car-related services.[2]
The company started in 1996. Its founder is Wayne Huizenga. AutoNation began with 12 stores and now has over 300.[3][4]
History
In 1997, AutoNation bought Maroone Automotive Group for $200 million. In 1998, CarMax sued AutoNation for copyright issues. CarMax first won $50 million, but this was overturned.[5]
In 2011, AutoNation became the first car retailer in the U.S. to sell 8 million cars.[6] By 2022, it had sold 14 million cars.[7]
In 2023, AutoNation bought RepairSmith, a company that provides car repair services at home, for $190 million.[8]
References
- ↑ "Stellantis' Manley goes from wheeling to dealing as AutoNation's new CEO". Reuters. 2021-09-21. Retrieved 2024-11-26.
- ↑ White, Joseph B., "One Billion Cars", The Wall Street Journal, April 17, 2006.
- ↑ Bradsher, Keith, "Huizenga Wants to Dominate the Market", The New York Times, March 6, 1997.
- ↑ "About AutoNation | America's Largest & Most Recognized Automotive Retailer". www.autonation.com. Retrieved 2024-11-26.
- ↑ "CarMax awarded $50 million from AutoNation Unfair competition involves similar names". Baltimore Sun. 28 October 1998. Retrieved 2024-11-26.
- ↑ "AutoNation". CompaniesHistory.com. 2013-06-24. Retrieved 2024-11-26.
- ↑ Cannon, Marc. "AutoNation Sells 14 Million Vehicles". Used Car News (Press release). UCN. Retrieved 2024-11-26.
- ↑ Torres, Destiny (2022-12-19). "AutoNation to Acquire RepairSmith for $190M". Los Angeles Business Journal. Retrieved 2024-11-26.
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