FORT LAUDERDALE, Fla.,
Oct. 18, 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 Broadway,
the third of five new AutoNation USA stores that the company will open this
year. The Company expects to open 12 additional AutoNation
USA stores in
2022. 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 Broadway. 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
to 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 USA
offers "We'll Buy Your Car," which enables Customers to sell their
vehicles directly to AutoNation, with no purchase necessary.
AutoNation USA Denver Broadway
is the second AutoNation USA store
in Denver that the company has
opened this year. The store is located at 5501 South Broadway,
Littleton, CO 80121. AutoNation
USA Denver Broadway is open Monday
through Saturday, 9am to 9pm. The
store can be reached at (720) 703-7800 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
September 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.