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  • LAS VEGAS, Jan 6- The head of the largest U.S. auto dealer group warned on Wednesday that automakers and dealers must avoid the problems in the years immediately following 2000, when lofty incentives kept sales volume high but cut profits. AutoNation Inc Chief Executive Officer Mike Jackson said in an interview that the industry was "entering a new chapter" where...

  • AN CEO: Auto industry entering challenging new chapter Wednesday, 6 Jan 2016 | 6:43 AM ET
    AN CEO:  Auto industry entering challenging new chapter

    Mike Jackson, chairman & CEO of AutoNation, breaks down the latest numbers on auto sales in what appears to be another record year.

  • Poor 2016 price action sets some stocks up for pop Wednesday, 6 Jan 2016 | 5:00 AM ET
    Worried NYSE traders

    A recent sell-off pushed a group of stocks further into oversold territory, setting them up for a potential rebound, should history be any guide.

  • Oct 28- AutoNation Inc, the largest U.S. auto dealership chain, said Wednesday net income from continuing operations rose to a quarterly record, reflecting strong growth in vehicle sales and service business. AutoNation also confirmed it had purchased the 12- store Allen Samuels Auto Group dealership chain in Texas, and said the deal would add about $800...

  • AutoNation reports record quarter as vehicle sales boom Wednesday, 28 Oct 2015 | 9:07 AM ET

    Oct 28- AutoNation Inc, the largest U.S. auto dealership chain, said Wednesday net income from continuing operations rose to a quarterly record, reflecting strong growth in vehicle sales and service business. Lauderdale, Fla company said net income from continuing operations rose to $119 million, or $1.05 a share, from $107 million, or 90 cents a share a year...

  • Alfa Romeo and AutoNation team up Wednesday, 28 Oct 2015 | 8:46 AM ET
    Alfa Romeo and AutoNation team up

    Reid Bigland, Alfa Romeo, NA FCA USA, discuss the automaker's expansion with Mike Jackson, AutoNation chairman & CEO.

  • AutoNation CEO: Won't sell vehicles with open recalls Wednesday, 28 Oct 2015 | 8:42 AM ET
    AutoNation CEO: Won't sell vehicles with open recalls

    We are going to put the customers' safety first, says Mike Jackson, AutoNation chairman & CEO, explaining his company's policy not to sell vehicles with open recalls. And Jackson, breaks down the company's earnings.

  • All eyes on Fed; Apple gives Wall Street a boost Wednesday, 28 Oct 2015 | 8:37 AM ET
    A trader works on the floor of the New York Stock Exchange while Federal Reserve Chairwoman Janet Yellen explains why the Federal Reserve chose not raise interest rates on September 17, 2015 in New York.

    U.S. stock index futures pointed to a higher open on Wednesday ahead of a statement from the Fed this afternoon and more earnings.

  • VW scandal delivers 'black eye' to diesel tech Thursday, 24 Sep 2015 | 3:38 PM ET
    The engine of a 2013 Volkswagen AG Passat TDI

    "You now have a passionate constituency that feels betrayed," said Mike Jackson, CEO of Florida-based AutoNation.

  • *Porsche chief Mueller seen as leading choice-two sources. BERLIN, Sept 23- Volkswagen Chief Executive Martin Winterkorn resigned on Wednesday, succumbing to pressure for change at the German carmaker, which is reeling from the admission that it deceived U.S. regulators about how much its diesel cars pollute. Porsche chief Matthias Mueller, Audi chief Rupert...

  • The rapid fall of VW's Martin Winterkorn Wednesday, 23 Sep 2015 | 2:07 PM ET
    Volkswagen Group CEO Martin Winterkorn arrives for the Volkswagen annual general shareholders' meeting on May 5, 2015 in Hanover, Germany.

    VW's recent accomplishments made Winterkorn's resignation seem all the more sudden.

  • WRAPUP 5-Volkswagen boss quits over diesel scandal Wednesday, 23 Sep 2015 | 11:11 AM ET

    BERLIN, Sept 23- Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker's rigging of U.S. emissions tests in the biggest scandal in its 78- year history. A five-member executive committee had grilled Winterkorn, 68, since morning at the company's headquarters in Wolfsburg, Germany. German prosecutors said on...

  • BERLIN, Sept 23- Volkswagen Chief Executive Martin Winterkorn faced a reckoning with his board on Wednesday, summoned to explain the falsification of U.S. emissions tests in the biggest scandal in the 78- year history of the world's largest carmaker. A source close to the company said a five-member executive committee was grilling Winterkorn at the company's...

  • Sept 23- AutoNation Inc, the largest U.S. auto retailer, said the "brand position" of Volkswagen AG in the United States was at risk following the German carmaker's manipulation of emission data. "The Volkswagen issue is another blackeye for the diesel engine overall," AutoNation Chief Executive Mike Jackson said in an interview on CNBC. AutoNation has six...

  • AutoNation CEO: VW deliberately schemed to deceive Wednesday, 23 Sep 2015 | 9:10 AM ET
    A sign marks the location of a Volkswagen dealership in Evanston, Ill.

    Mike Jackson, leader of the nation's largest auto dealer chain, said Wednesday Volkswagen's U.S. emission deception is "absolutely shocking" and a "systemic failure."

  • Sept 8- AutoNation Inc, the largest U.S. auto retailer, said on Tuesday it will not sell any new or used vehicle that has an unrepaired safety defect, in a move that could boost costs but also deflect pressure from consumers, lawmakers and regulators. The new policy at AutoNation expands on earlier actions by Chief Executive Mike Jackson to stop sales of vehicles...

  • Stock declines create buying opportunities: CEO Wednesday, 2 Sep 2015 | 8:47 AM ET
    Mike Jackson, chairman and CEO of AutoNation.

    From what he's seeing in showrooms, AutoNation's CEO says the market decline has been out of step with the economy, creating a buying opportunity.

  • AutoNation CEO: Buy stocks because economy looks good Wednesday, 2 Sep 2015 | 7:16 AM ET
    AutoNation August new unit sales down 5% YOY

    Mike Jackson, AutoNation chairman and CEO, breaks down August sales and shares his outlook on the auto industry, U.S. economy and markets.

  • Strategist makes a case for 20% stock drop risk Tuesday, 4 Aug 2015 | 8:47 AM ET
    Komal Sri-Kumar

    When the Fed hikes interest rates for the first time since 2006, here's why stocks could suffer a major decline, strategist Komal Sri-Kumar says.

  • Fed 'free lunch' end won't hurt us: AutoNation CEO Tuesday, 4 Aug 2015 | 8:04 AM ET
    Mike Jackson, chairman and CEO of AutoNation.

    Consumer confidence will get a boost when the Fed increases interest rates for the first time in nine years, AutoNation's Mike Jackson tells CNBC.