AutoNation Inc
Company Profile
Business 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 23 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.
Contact
200 South West 1st Avenue
Fort LauderdaleFL33301
USAT: +1 954 769-6000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto & Truck Dealerships
Fiscal Year End
31 December 2024
Employees
25,300
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