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AutoNation Inc

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  • DETROIT— It's a case of buyer beware, with potentially dangerous consequences. More than 46 million cars and trucks on the road in the U.S.— about one-fifth the total— were recalled because of safety defects but never repaired, according to a study by Carfax, a company that sells vehicle history reports. "It's a very major public safety problem," says Chris Basso, a...

  • Big vehicles = big gains as truck, SUV sales soar Tuesday, 3 Feb 2015 | 1:05 PM ET
    2015 Jeep Cherokee

    Americans are buying trucks, SUVs and crossovers at their fastest pace in years.

  • Tuesday's midday movers: Target, Lear, NYT & more Tuesday, 3 Feb 2015 | 1:01 PM ET

    Take a look at some of Tuesday's midday movers:

  • DETROIT, Feb 3- January U.S. car sales by the three Detroit- based automakers topped analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups. Sales of trucks and SUVs accounted for 69 percent of January sales at General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles, compared with 66 percent a...

  • Are commodities really bottoming out? Tuesday, 3 Feb 2015 | 10:08 AM ET
    A contractor works in the control room at an Anadarko Petroleum Corp. oil rig site in Fort Lupton, Colorado.

    The news on oil is still mostly bearish but analysts and strategists are again trying to call a bottom.

  • DETROIT, Feb 3- January car sales by the three Detroit automakers topped analysts' expectations, as low gas prices and easy credit terms helped fuel sales of utility vehicles and big pickups. General Motors Co said on Tuesday that sales rose 18 percent to 202,786, while Ford Motor Co said sales were up 15 percent to 178,351. Analysts polled by Reuters had expected...

  • DETROIT, Feb 3- AutoNation Inc, the largest U.S. auto dealer group, on Tuesday posted a higher-than-expected quarterly profit due to strong profit margins from new and used vehicle sales, driving its shares up nearly 8 percent. AutoNation Chief Executive Officer Mike Jackson said in an interview that low gasoline prices of about $2 a gallon, generous financing...

  • Early movers: UPS, WEN, RSH, AET, SPLS & more Tuesday, 3 Feb 2015 | 8:11 AM ET
    NYSE exchange floor

    Some of the names on the move ahead of the open.

  • Automakers on pace for banner year: AutoNation CEO Tuesday, 3 Feb 2015 | 7:52 AM ET
    Ford Focus cars are seen on the sales lot at AutoNation Ford Miami in North Miami, Florida.

    The auto industry is off and running to break through 17 million unit sales this year, AutoNation's Mike Jackson tells CNBC.

  • DETROIT, Feb 3- AutoNation Inc, the largest U.S. auto dealer group, on Wednesday posted a stronger-than-expected quarterly profit and said it still expected U.S. industry new-vehicle sales in 2015 to top 17 million for only the third time in history. Net income in the fourth quarter rose almost 7 percent to $116.7 million, or $1.02 a share, from $109.4 million, or 89...

  • Stocks close up sharply, boosted by Greece and oil Monday, 2 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.

  • Early movers: UNH, AAPL, NSP, NFLX, AMD & more Wednesday, 21 Jan 2015 | 8:05 AM ET

    Some of the names on the move ahead of the open.

  • Why a gas tax increase makes sense: AutoNation CEO Tuesday, 6 Jan 2015 | 9:25 AM ET
    A customer puts gas into a vehicle at the U-gas station in Miami, Florida.

    Raising the federal gas tax would fund infrastructure spending at a time when cars are more fuel efficient, AutoNation's Mike Jackson says.

  • Gas tax makes sense: AutoNation CEO  Tuesday, 6 Jan 2015 | 7:35 AM ET

    Mike Jackson, AutoNation chairman & CEO, provides his outlook for car and truck sales. Also Jackson and former Majority Leader Eric Cantor, (R-Va.), debate the merits implementing a gas tax.

  • The stocks investors want on their shopping lists Tuesday, 2 Dec 2014 | 2:21 PM ET

    A handful of retail and consumer-oriented stocks may have potential to deliver holiday returns, if recent history is any guide.

  • Start your car purchase at home  Wednesday, 12 Nov 2014 | 1:33 PM ET

    CNBC's Phil LeBeau reports on a new program from AutoNation that shortens the time car buyers have to wait to buy a new vehicle.

  • Buy a car in 30 minutes  Wednesday, 12 Nov 2014 | 8:19 AM ET
    Ford Focus cars are seen on the sales lot at AutoNation Ford Miami in North Miami, Florida.

    CNBC's Phil LeBeau reports on a new program that shortens the time car buyers have to wait to buy a new vehicle.

  • "The migration to trucks will turn into a stampede if these gas prices go lower or stay low," Mike Jackson, chief executive of AutoNation Inc, leading U.S. auto retailer, told Reuters. The days of having to be ashamed of your Yukon seem to be fading, "he said, referring to General Motors' full-sized SUV powered by a V8 engine. With a greater share of big vehicles in their...

  • DETROIT, Oct 28- AutoNation Inc shares on Tuesday jumped nearly 7 percent after the company exceeded Wall Street expectations with a 15 percent increase in third-quarter earnings and its chief executive said U.S. auto sales will continue to rise in 2015.. Standard and Poor's on Tuesday raised AutoNation stock to "buy" from "hold" and increased its 12- month target...

  • DETROIT, Oct 28- AutoNation Inc, the largest U.S. auto retail group, has stopped selling cars equipped with Takata Corp air bags involved in a massive global recall involving more than 16 million vehicles, Chief Executive Mike Jackson said on Tuesday. While AutoNation is the largest U.S. automotive dealer group, it currently has fewer than 400 used cars equipped...