| Business Summary | | AutoNation,
Inc.
is
an
automotive
retailer
that
owns
and
operates
about
400
new
vehicle
franchises
from
dealership
locations
in
major
metropolitan
markets
in
18
states,
predominantly
in
the
Sunbelt.
The
Company's
dealerships
offer
new
and
used
vehicles
for
sale.
AutoNation
also
offers
financing
for
vehicle
purchases,
extended
service
contracts
and
other
finance
and
insurance
products,
as
well
as
other
aftermarket
products.
The
Company
offers
a
wide
range
of
vehicle
maintenance
and
repair
services
and
operates
collision
repair
centers.
The
core
brands
of
vehicles
that
the
Company
sells
are
Ford
(Ford,
Lincoln
and
Mercury),
General
Motors
(Chevrolet,
Pontiac,
GMC
and
Buick),
Chrysler
(Chrysler,
Jeep
and
Dodge),
Nissan,
Toyota
and
Honda.
The
Company
also
sells
several
luxury
vehicle
brands,
including
Mercedes-Benz,
BMW,
Lexus
and
Porsche.
In
total,
the
Company
offers
35
different
brands
of
vehicles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AutoNation,
Inc.
is
a
automotive
retailer.
AN's
business
consists
primarily
of
the
sale,
financing
and
servicing
of
new
and
used
vehicles.
For
the
six
months
ended
6/01,
total
revenues
fell
7%
to
$9.83
billion.
Net
income
from
continuing
operations
fell
9%
to
$146.2
million.
Revenues
reflect
a
decrease
in
new
vehicle
sales
due
to
lower
demand.
Earnings
reflect
a
decrease
in
gross
margin
attributable
to
a
low
volume
of
vehicle
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| H. Wayne Huizenga, 62 Chairman | $1.0M | Michael Jackson, 51 CEO,
Director | 605K | Michael Maroone, 46 Pres,
COO | 1.1M | Harris Hudson, 57 Vice
Chairman | -- | Craig Monaghan CFO | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|