AutoNation

AutoNation

Automotive retailer for sales and service

About AutoNation

Simplify's Rating
Why AutoNation is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Social Impact

Company Size

5,001-10,000

Company Stage

IPO

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.

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Simplify's Take

What believers are saying

  • Recent acquisitions in Colorado expand AutoNation's market presence and revenue potential.
  • AutoNation's recognition as America's Most Admired Automotive Retailer enhances its brand reputation.
  • Increased focus on EV sales aligns with growing consumer demand for sustainable vehicles.

What critics are saying

  • Cyberattacks on dealership management systems pose operational challenges for AutoNation.
  • Competition from online retailers like Carvana threatens AutoNation's market share.
  • Semiconductor shortages may impact vehicle inventory and sales for AutoNation.

What makes AutoNation unique

  • AutoNation operates over 300 locations, providing 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

Auto Success
Apr 4th, 2025
AutoNation Acquires 2 Colorado Stores

AutoNation announced that it has acquired Groove Ford and Groove Mazda, effective March 31, 2025.

PR Newswire
Apr 1st, 2025
Autonation Expands Footprint With The Acquisition Of Two Stores In Colorado

FORT LAUDERDALE, Fla., April 1, 2025 /PRNewswire/ -- AutoNation (NYSE: AN) today announced that it has acquired Groove Ford and Groove Mazda, effective March 31, 2025. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. In 2024, the stores sold nearly 5,000 new and used vehicles with approximately $219M in annual revenue. Both stores are located in Englewood, Colorado, and mark the first AutoNation Mazda and second AutoNation Ford in the state, bringing AutoNation's substantial footprint in Colorado to 13 Domestic, 6 Import, and 3 AutoNation USA dealerships concentrated in the greater Denver area."We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates to AutoNation," said Mike Manley, Chief Executive Officer at AutoNation. "These acquisitions build on our strategy to add density into markets where we already have a presence. It allows us to rapidly bring significant scale synergies to the new dealerships, expanding on the current success of these stores and delivering strong returns to our shareholders."About AutoNation, Inc.AutoNation, one of the largest automotive retailers in the United States, offers innovative products, exceptional services, and comprehensive solutions, and empowers its customers to make the best decisions for their needs

Florida Trend
Feb 27th, 2025
Mike Maroone has been buying dealerships again

Dealership group leader Mike Maroone joined AutoNation with his dealerships and went on to be president, COO and a board member of the publicly held company.

North Bay Business Journal
Feb 26th, 2025
Sonoma County part of AutoNation settlement over tardy title transfers

The car dealership network AutoNation Inc. has agreed to pay $650,000 in fines and overhaul its policies to settle a six-county lawsuit over tardy title transfer practices that prevented used car buyers from officially owning their vehicles, authorities said.

PR Newswire
Jan 31st, 2025
Autonation Named America'S Most Admired Automotive Retailer For Fifth Year In A Row

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

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