AutoNation CEO: Gas prices would have to jump to stop truck and SUV sales [CNBC]
AutoNation, Inc. (AN)
Last autonation, inc. earnings: 2/11 06:45 am
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Source: CNBC
show chapters Gas prices are creeping up again, just as major American automakers are saying they plan to shift toward making even more hot-selling trucks, SUVs and crossovers. Ford said last week it will pare its passenger car lineup down to just two models — a hatchback-like vehicle called the Focus Active and the Mustang. The rest of its lineup will be all trucks, SUVs and crossovers. Some observers are saying Ford might be shooting itself in the foot. Oil prices fluctuate wildly, and federal fuel economy regulations may remain in effect, despite talk the Trump administration may freeze them, said Bill George, a Harvard Business School senior fellow. But AutoNation CEO Mike Jackson is not worried consumers will abandon SUVs and trucks any time soon. One, consumers really love their truck-based vehicles, Jackson told CNBC's Squawk Box on Tuesday. These vehicles offer a higher seating position that drivers seem to want, he said. Fu
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News
- Here's What Black Bear Value Partners Think About AutoNation (AN) [Yahoo! Finance]Yahoo! Finance
- AutoNation, Inc. (NYSE: AN) had its price target lowered by analysts at Bank of America Co. from $220.00 to $215.00. They now have a "buy" rating on the stock.MarketBeat
- AutoNation Announces First Quarter 2024 Earnings Conference Call and Audio Webcast Scheduled for Friday, April 26, 2024PR Newswire
- AutoNation's (NYSE:AN) five-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
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Earnings
- 2/13/24 - Beat
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Sec Filings
- 3/22/24 - Form SC
- 3/22/24 - Form 4
- 3/21/24 - Form 144
- AN's page on the SEC website