AutoNation is the #2 US auto retailer — ~243 franchised stores across the Sunbelt selling new and used cars from Ford, Toyota, Mercedes and dozens of other brands. Cars are the headline (78% of revenue) but only a sliver of profit; the real money is in parts & service and finance & insurance, which together are ~5% of revenue yet ~74% of gross profit.
What AutoNation, Inc. really sells
AutoNation is the #2 US auto retailer — ~243 franchised stores across the Sunbelt selling new and used cars from Ford, Toyota, Mercedes and dozens of other brands. Cars are the headline (78% of revenue) but only a sliver of profit; the real money is in parts & service and finance & insurance, which together are ~5% of revenue yet ~74% of gross profit.