Full-Time
Posted on 1/13/2025
Automotive retailer for sales and service
Junior
Fort Lauderdale, FL, USA
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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 primarily generated through vehicle sales, 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.
Company Size
5,001-10,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Fort Lauderdale, Florida
Founded
1996
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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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As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the incident, prompting challenge maintaining investor confidence.Automotive services and technology company Cox Automotive highlighted the impact of the hack, which impacted dealer management systems (DMSs) for about two weeks, on reporting.“We have observed sales and inventory reporting disruptions due to the CDK outage, but we anticipate these trends will recover in the coming weeks,” Scott Vanner, senior analyst of economic and industry insights at Cox Automotive, said in a statement. “While reporting was more disrupted than actual sales, we estimate a decline in used retail sales for June compared to May. However, much like a weather event, we believe any lost sales in June will be recovered in July.”Additionally, Cox Automotive also noted a decline in new light-vehicle sales due to the DMS outage and uncertainty in reporting for the first half of 2024 for the same reason. As Reuters reports, the event has led many dealers to return to pen-and-paper tracking, which not only creates more labor but also can be more prone to error. One dealership owner in Michigan told the outlet that the CDK attack has not had a negative impact on sales but has made it harder to handle existing sales.Evidently, the attack has impaired dealers’ ability to accurately report sales figures, raising concerns about the broader implications for the automotive retail sector. The financial implications of the attack are multifaceted
FORT LAUDERDALE, Fla., July 15, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the second quarter ended June 30, 2024, on Wednesday, July 31, 2024, before the market opens. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 9:00 a.m. Eastern Time.The conference call may be accessed by telephone at 833-470-1428 (Conference ID: 522370) or on AutoNation's investor relations website at investors.autonation.com. The webcast will also be available on AutoNation's website following the call under "Events & Presentations" after 12:00 p.m. Eastern Time on July 31, 2024, through 11:59 p.m
The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15) that the cyberattack will impact its second quarter earnings by $1.50 per share. The company said in a Securities and Exchange Commission (SEC) filing that while some systems have been restored, it is still dealing with the fallout of the hack. “Certain ancillary systems and integrations, such as those that help automate ordering, scheduling, payment, and reporting processes, remain unavailable or limited, and efforts remain ongoing to restore these,” the filing said
FORT LAUDERDALE, Fla., July 11, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), a provider of personalized transportation services and America's most admired automotive retailer, today announced that its Board of Directors appointed Claire Bennett to the AutoNation Board, effective July 8, 2024. Ms. Bennett will serve as an independent director."We are pleased to have Claire join the AutoNation Board," said Rick Burdick, AutoNation's Board Chairman. "We look forward to the experience and insight she will bring to the Board."Ms. Bennett is a tenured global leader with an extensive customer experience, general management and consumer services background
AutoNation and U.S. Army announce partnership to create job opportunities for soldiers through PaYS Program.
AutoNation, the nation's largest automotive dealer group, acquired five Elway-owned dealerships in 1998 for nearly $83 million.