AutoNation, Inc.
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AutoNation, Inc. is the largest automotive retailer in the United States, operating hundreds of new vehicle franchises representing over 30 manufacturer brands across major metropolitan markets. The company sells new and used vehicles, provides parts and service, arranges financing and insurance, and operates collision centers. AutoNation's franchise portfolio includes domestic, import, and premium luxury brands including Mercedes-Benz, BMW, Toyota, Honda, Ford, and Chevrolet. The company has invested heavily in digital retailing, enabling customers to complete vehicle purchases online. AutoNation's USA brand provides used vehicle sales through standalone locations. The company generates significant recurring revenue from parts, service, and finance and insurance products. Founded in 1996 by Wayne Huizenga and headquartered in Fort Lauderdale, Florida, AutoNation has consolidated the fragmented auto retail industry through strategic acquisitions. The company benefits from the growing vehicle parc requiring maintenance, used vehicle demand, and the transition to electric vehicles creating new service opportunities.