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AutoNation Q3 used sales strong but inventory strategy creates depreciation exposure, said CEO
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AutoNation Q3 used sales strong but inventory strategy creates depreciation exposure, said CEO
AutoNation reported a relatively strong used-car performance in the third quarter as its focus on optimizing used acquisition showed results. But its inventory holding strategy did expose AutoNation to margin depreciation, AutoNation CEO Mike Manley said during the third quarter earnings call. He expects that to continue in the fourth quarter. “I think we have […] TO READ THE FULL STORY BECOME A MEMBER Login The post AutoNation Q3 used sales s…
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