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Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland speak with AutoNation CEO Mike Jackson about the company’s most recent quarter, 2021 outlook, and what accepting Bitcoin as payments ...
April 20, 2021 at 6:37 AM
AutoNation is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. [6] The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets.
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AutoNation CEO Mike Manley joins Yahoo Finance Live to discuss auto inflation, the high demand for used cars, and electric vehicles.
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).