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About AutoNation
Industries
Automotive & Transportation
Social Impact
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Fort Lauderdale, Florida
Founded
1996
Overview
AutoNation operates as a major automotive retailer in the United States, with more than 300 locations across the country. The company focuses on selling and servicing vehicles, having successfully sold over 14 million units. AutoNation caters to a wide range of customers, including both individual buyers and businesses, by offering a variety of automotive products and services. Their business model emphasizes a customer-focused approach to sales and service, aiming to provide a positive experience for all clients. Revenue is generated through the sale of vehicles as well as service and maintenance offerings. In addition to its commercial activities, AutoNation is dedicated to social responsibility, having contributed over $40 million to cancer research and awareness through its Pink Plate initiative.
Simplify's Take
What believers are saying
- AutoNation was named America's most admired automotive retailer for the fifth consecutive year.
- The company hit an all-time stock high of $183.7 amid robust growth.
- Partnership with the U.S. Army creates job opportunities for soldiers through the PaYS Program.
What critics are saying
- Cyberattack on CDK's software disrupted operations, impacting earnings by $1.50 per share.
- Hurricane Milton led to the closure of 38 AutoNation sites in Florida.
- Increased competition from online retailers like Carvana and Vroom threatens market share.
What makes AutoNation unique
- AutoNation operates over 300 locations, offering extensive nationwide coverage.
- The company has sold over 14 million vehicles, showcasing its market leadership.
- AutoNation's Pink Plate initiative has contributed over $40 million to cancer research.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Company News
AutoNation Once Again Recognized for Excellence and Trust on Fortune's 2025 Most Admired Companies ListFORT LAUDERDALE, Fla., Jan. 31, 2025 /PRNewswire/ -- AutoNation, Inc. (NYSE:AN), a provider of personalized transportation services, was named to the Fortune 2025 World's Most Admired Companies list, a recognition that reflects the company's ability to thrive in a competitive industry while making a positive impact beyond its business operations.This is the eighth consecutive year AutoNation has been named on the list and the fifth year in a row AutoNation has been the highest-ranked automotive retailer. The ranking demonstrates the company's dedication to its Associates, Customers, and communities. This is a strong testament to the fact that AutoNation has been striving to offer great customer experiences, which has cemented its leading position in the industry.The selection process, which considers companies in 52 industries globally, identifies those that set the standard for excellence and integrity. Fortune partnered with Korn Ferry to survey corporate reputations, starting with 1,500 companies, including the largest U.S
AutoNation closes 38 Florida sites damaged by Hurricane Milton.
AutoComplete, a company helping car dealerships offer insurance, has closed a SAFE-structured financing round with participation from Bain Ventures, FM Capital, Presidio, and several strategic dealership group investors including AutoNation Inc., Butler Automotive Group, and others. Founded in 2021 and led by Ahmed Khaishgi, AutoComplete aims to expand its auto insurance platform with this new backing.
However, AutoNation faced significant disruptions due to a cyber attack on CDK's software system, which is essential for operations at over 15,000 car dealerships across the United States.
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About AutoNation
Industries
Automotive & Transportation
Social Impact
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Fort Lauderdale, Florida
Founded
1996
AutoNation is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today