BUSINESS
By BLOOMBERG NEWS | July 9, 1999
FORT LAUDERDALE, Fla. -- AutoNation Inc., the world's largest auto retailer, is buying 16 dealerships in five states for about $200 million, increasing its presence in what it sees as high-growth markets.AutoNation is buying seven dealerships from the York Automotive Group in Southern California. It also is acquiring Shamrock Ford in Dublin, Calif.; Phil Smith Toyota in South Florida; Courtesy Ford in Littleton, Colo.; and Steakley Chevrolet and Subaru in Dallas.In the Seattle area, AutoNation is buying the Maria Smith Automotive Group, which has four dealerships.
BUSINESS
By BLOOMBERG NEWS | June 23, 1999
DETROIT -- AutoNation Inc., the world's largest automotive retailer, introduced a new online buying service yesterday to capture part of a market forecast to explode from 15,000 vehicle sales this year to 500,000 in 2003.AutoNationDirect.com is now available in the Tampa, Fla., area. Customers can reserve a vehicle for a test drive, withdraw money from their bank for a deposit and complete loan applications online. A nearby dealer would then deliver the vehicle to the customer's home.AutoNation expects to generate $750 million in online sales this year, then double that in each of the next two years, said Steven Berrard, AutoNation's co-chief executive officer with Wayne Huizenga.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | November 7, 1997
Anne Arundel County is back in the running for a used-car superstore and an auto restoration center to be built by AutoNation USA, the second-hand auto seller launched by Florida billionaire H. Wayne Huizenga, a county official said yesterday.William Badger, director of the county economic development office, said AutoNation has expressed a new desire to build the two facilities in Anne Arundel, provided it receives the necessary permits."They are telling us they want to come, they just need an air quality permit," Badger said.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | May 17, 1997
Maryland is in line for two more used-car superstores, but the state will likely lose out as the site for a huge auto-reconditioning center, employing up to 400 workers, that was proposed for Anne Arundel County.Jack Sayer, president of Car Corp. of America Inc., said yesterday that the newly formed Gaithersburg company plans to open a 300- to 500-vehicle used-car lot in Rockville in July. It also plans to build a second dealership closer to Baltimore.The state, however, may lose a large auto-reconditioning center planned by AutoNation USA.AutoNation, the Florida-based used-auto superstore chain launched by billionaire entrepreneur H. Wayne Huizenga, also planned to open a 1,000- to 1,200-vehicle sales lot on a 17-acre site in the Cromwell Business Park off Dorsey Road.
NEWS
February 11, 1997
JOHN G. GARY would need to go to Ritchie Highway's "auto mile" for a new transmission had he shifted gears in his car as abruptly as he reversed his political stance toward the lifting of the Sunday ban on auto sales in Anne Arundel County.The county executive originally favored surveying local auto dealers to see if they want to end the "blue law" that bars them from doing business on Sunday.It was a cowardly stance, an attempt to take a position without taking a position, since the outcome of such a poll was pre-ordained: Anne Arundel's dealers strenuously fought the lifting of the blue law in neighboring Howard County last year, fearing the impact; they certainly were not going to invite the competition into their own backyard.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | June 4, 2005
FORT LAUDERDALE, Fla. - As General Motors Corp. and Ford Motor Co.'s sales continue to fall, one might think the nation's biggest owner of GM and Ford dealerships would be anxiously plunking "For Sale" signs outside its Pontiac and Lincoln stores. But that's not the case at AutoNation Inc., the nation's largest chain of auto dealerships. "I'm very optimistic" about the Detroit automakers, Mike Jackson, Auto- Nation's chairman and chief executive officer, said yesterday in an interview at his Fort Lauderdale headquarters.