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Tag: autonation
AutoNation Earns Buy Rating from Analysts at Evercore ISI
2015-09-09 17:48:08| Auto Dealers - Topix.net
In related news, major shareholder Edward S. Lampert sold 687,972 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $64.22, for a total transaction of $44,181,561.84.
AutoNation stops selling vehicles facing open safety recalls
2015-09-09 05:30:31| Auto Dealers - Topix.net
AutoNation, the country's largest auto retailer, announced a new policy Tuesday to handle vehicles that face open safety recalls from their manufacturers: No more sales until repairs are made. The Fort Lauderdale company said the new policy could tie up 5 percent to 10 percent of its vehicles, because parts are not always available for repairs.
Tags: open
safety
selling
vehicles
AutoNation says it won't sell cars that need safety repairs
2015-09-08 15:56:28| Auto Dealers - Topix.net
The announcement comes after a record-setting run of safety recalls in the United States over the past two years. Consumer groups and members of Congress have stepped up calls for legislation to forbid auto dealers from selling new or used vehicles that have been recalled for safety defects, but have not been fixed.
Tags: sell
cars
safety
repairs
AutoNation grounds vehicles under recall
2015-09-06 14:16:30| Auto Dealers - Topix.net
The new policy will be costly, AutoNation CEO Mike Jackson says, but it's the right thing to do for customers. Jackson declined to estimate the expense but noted that 5 to 10 percent of AutoNation's inventory would be deemed unsellable at any given time under the new policy.
Tags: vehicles
recall
grounds
autonation
AutoNation PT Raised to $71.00 at Morgan Stanley
2015-08-29 15:45:28| Auto Dealers - Topix.net
The firm currently has an "overweight" rating on the stock. Morgan Stanley's target price would indicate a potential upside of 17.32% from the stock's previous close.
Tags: raised
morgan
stanley
autonation
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