AutoNation, Inc. AN

FORT LAUDERDALE, Fla., October 01, 2026--AutoNation, Inc. (NYSE: AN) today announced the appointment of Ravi Simhambhatla as Chief Technology and AI Officer, effective October 1, 2026. Mr. Simhambhatla will lead the Company’s technology, data science, and AI agenda.

Wayne Huizenga started with a borrowed $5,000 and a single garbage truck, then pulled off something Forbes says no entrepreneur has ever repeated before or since.

Shares of CarMax rose Tuesday after the used-car retailer posted better-than-expected fiscal second-quarter earnings and said it plans to resume repurchasing shares. CarMax stock advanced 3.5% to $58.58 on Tuesday after ending Monday down 1.2%. CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street’s expectation of 73 cents.

CarMax just posted a quarter strong enough to move rivals like Carvana and Lithia Motors higher, but skeptics are questioning whether the real driver was shoppers returning or a set of one-time finance items that may not repeat.

AutoNation, Inc. recently amended and restated its unsecured credit agreement with JPMorgan Chase and other lenders, lifting its revolving credit facility commitment from US$1.90 billion to US$2.00 billion, expanding the accordion feature to as much as US$1.00 billion, and extending the maturity to September 14, 2031. This expanded, longer-dated facility, with the same or lower fees and margins and unchanged leverage and interest coverage covenants, could meaningfully increase AutoNation’s...

FORT LAUDERDALE, Fla., September 23, 2026--Together with more than 20,000 Associates nationwide, AutoNation, Inc. (NYSE:AN) celebrates a decade of DRV PNK and more than $50 million raised and donated to drive out cancer. To commemorate these milestones, AutoNation announced an additional $1 million investment through 10 grants of $100,000 each to 10 longtime partners advancing cancer research and supporting patients, survivors, and caregivers. Over the past decade, DRV PNK has evolved into a def

Copart (CPRT) has lost more than a third of its value over the past twelve months, while the S&P 500 gained about 17%. At $29.66, the stock sits at roughly 64% of its 52-week high, and the easy read is that a durable auction business has gone on sale. But its growth slowed well before the acquisition it just announced, and dealer volume is a different business from the insurance volume that is falling.

AN's warning sank dealer stocks yesterday. Weak service revenues, muted new-vehicle margins, soft EV demand and Fed hikes point to a tougher Q3.

PALM BEACH, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Gabelli will host this year’s 50th Annual Automotive Symposium on November 2nd and 3rd at the Encore at Wynn in Las Vegas, Nevada. The symposium will link investors with executive leadership across the automotive value chain. This symposium will feature presentations by senior management of leading automotive and trucking companies, with a lineup that allows investors to understand the ongoing dynamics within the automotive industry. Discussio

FORT LAUDERDALE, Fla., September 09, 2026--AutoNation, Inc. (NYSE: AN), today announced that its Executive Vice President and Chief Financial Officer, Tom Szlosek, will participate in Morgan Stanley’s 14th Annual Laguna Conference on Thursday, September 17, at 7 a.m. Pacific time. Mr. Szlosek will speak to investors in a fireside chat about the Company’s strategy, financial performance, capital allocation, current trends affecting the business, and other related matters.

Its profit outlook came down and its cash outlook went up, and only one of those funds the shrinking share count.

Carvana is leaving CarMax and Lithia Motors in the dust today, but the reason has nothing to do with used cars and everything to do with where traders are parking their risk appetite right now.

Carvana just posted its best quarter ever, yet the stock keeps sliding while a traditional rival is up over 50% this year. Something about that gap deserves a closer look.

Major US franchise auto dealers could face earnings pressure next year if a downside scenario plays