Report
David Whiston, CFA, CPA, CFE
EUR 101.80 For Business Accounts Only

AutoNation's national brand opens doors in e-commerce, collision centers, parts, and used stores.

We believe AutoNation’s investments for strategic moves such as AutoNation-branded parts and AutoNation USA stand-alone used vehicle stores are good ideas over the long term to drive growth that wasn't available in the past. We also believe that investments for the future will weigh on current results for many quarters because it takes time to bring in revenue as the initiatives gradually scale. That issue, combined with headwinds in large AutoNation markets of Texas and Florida, which make up 4...
Underlying
AutoNation Inc.

AutoNation, through its subsidiaries, is an automotive retailer. The company provides a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services as well as wholesale parts and collision businesses, and automotive finance and insurance products, which include vehicle service and other protection products, and the arranging of financing for vehicle purchases through third-party finance sources. The company owns and operates new vehicle franchises from stores located in the United States, in main metropolitan markets in the Sunbelt region. The company has three segments: Domestic, Import, and Premium Luxury.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

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