
AutoNation's Revenue Dips 1% to $26.8B Amid Margin Squeeze and Service Strength
AutoNation, Inc.Description
What this story covers
AutoNation reported $26.8B revenue in 2024, down 1%, with net income at $692M. New vehicle units rose 4% but margins fell 30% per unit due to incentives. Parts and service drove 46% of gross profit, up 3%. Liquidity over $2B supports growth amid economic risks.
Story snapshot
CompanyAutoNation, Inc.
TickerAN
VariantStandard detailed
Duration14:16
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0000350698-25-000029
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