FORT LAUDERDALE, Fla.,
Sept. 15, 2021 /PRNewswire/ --
Demonstrating its commitment to exceeding Customer expectations,
AutoNation, Inc. (NYSE: AN), America's largest and most
admired automotive retailer today announced the opening of
AutoNation USA Denver 104, the second of 5 additional
pre-owned vehicle stores that the company will open this year.
AutoNation is projecting to have over 130 AutoNation USA stores in operation from coast-to-coast by
the end of 2026. The AutoNation USA stores will continue to leverage the
AutoNation brand, scale, and proven Customer-centric processes to
capture a larger share of the used vehicle market.
"We are incredibly excited about the opening of AutoNation
USA Denver 104. We look forward to providing a
peerless Customer experience and connecting with our community
through our Drive Pink initiative, which has raised and donated
over $28 million for cancer research
and treatment," said Jeff Thorpe,
AutoNation Market President.
AutoNation USA offers a 1Price
Pre-Owned model that features low, haggle-free pricing and a
Customer-centric process that makes buying a pre-owned vehicle easy
and allows Customers to enjoy a peerless Customer experience.
Additionally, AutoNation offers "We'll Buy Your Car," which enables
Customers to sell their vehicles directly to AutoNation, with no
purchase necessary.
AutoNation USA Denver 104 is the first of two AutoNation
stores in Denver, that the company
will open this year. The store is located at 759 W 104th
Avenue, Northglenn, CO 80234.
AutoNation USA Denver 104 is open Monday through Saturday,
9am to 9pm. The store can be reached
at (720) 703-7900 or online at www.AutoNationUSA.com.
About AutoNation, Inc.
AutoNation, America's largest and most admired automotive
retailer, is transforming the automotive industry through its bold
leadership, innovation, and comprehensive brand extensions. As of
June 30, 2021, AutoNation owned and
operated over 300 locations from coast to coast. AutoNation has
sold over 13 million vehicles, the first automotive retailer to
reach this milestone. AutoNation's success is driven by a
commitment to delivering a peerless experience through
Customer-focused sales and service processes. Since 2013,
AutoNation has raised over $28
million to drive out cancer, create awareness, and support
critical research through its DRIVE PINK initiative, which was
officially branded in 2015.
Please visit www.autonation.com, investors.autonation.com,
www.twitter.com/CEOMikeJackson , and
www.twitter.com/AutoNation , where AutoNation discloses
additional information about the Company, its business, and its
results of operations. Please also visit
www.autonationdrive.com , AutoNation's automotive blog, for
information regarding the AutoNation community, the automotive
industry, and current automotive news and trends.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are, or may
be deemed to be, forward-looking statements. Words such as
"anticipates," "expects," "intends," "goals," "targets,"
"projects," "goals," "plans," "believes," "continues," "may,"
"will," "could," and variations of such words and similar
expressions are intended to identify such forward-looking
statements. Statements regarding our strategic initiatives,
partnerships, or investments (including the planned expansion of
our AutoNation USA pre-owned
vehicle stores); pending acquisitions; and our investments in
digital and online capabilities and other brand extension
strategies; as well as statements regarding our expectations for
the future performance of our business (including with respect to
new and pre-owned vehicle sales targets), and the automotive retail
industry, and other statements that describe our objectives, goals,
or plans, are forward-looking statements. Our forward-looking
statements reflect our current expectations concerning future
results and events, and they involve known and unknown risks,
uncertainties, and other factors that are difficult to predict and
may cause our actual results, performance, or achievements to be
materially different from any future results, performance, and
achievements expressed or implied by these statements. These risks,
uncertainties, and other factors include, among others: economic
conditions, including changes in consumer demand, unemployment
rates, interest rates, fuel prices, and tariffs; our ability to
implement successfully our strategic initiatives, partnerships, and
investments, including the planned expansion of our AutoNation
USA stores; our ability to
identify, acquire, and build out suitable locations in a timely
manner; our ability to acquire and integrate successfully new
franchises; restrictions imposed by vehicle manufacturers and our
ability to obtain manufacturer approval for acquisitions; our
ability to develop successfully our digital and online capabilities
and other brand extension strategies; supply chain disruptions and
inventory availability; our ability to maintain and enhance our
retail brands and reputation and to attract consumers to our own
digital channels; our ability to attain planned sales volumes
within our expected time frames; new and used vehicle margins; our
ability to successfully implement and maintain expense controls;
the success and financial viability and the incentive and marketing
programs of vehicle manufacturers and distributors with which we
hold franchises; the response by federal, state, and local
governments and other third parties to, and the economic impacts
of, the COVID-19 pandemic; natural disasters and other adverse
weather events; the resolution of legal and administrative
proceedings; regulatory factors affecting our business, including
fuel economy requirements; the announcement of safety recalls;
factors affecting our goodwill and other intangible asset
impairment testing; and other factors described in our news
releases and filings made under the securities laws, including,
among others, our Annual Reports on Form 10-K, our Quarterly
Reports on Form 10-Q and our Current Reports on Form 8-K.
Forward-looking statements contained in this news release speak
only as of the date of this news release, and we undertake no
obligation to update these forward-looking statements to reflect
subsequent events or circumstances.
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SOURCE AutoNation, Inc.