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AutoNation Q4 net income soars on higher used-vehicle revenue

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Mike Manley: "We expect consumer demand for personal vehicle ownership to remain strong for the foreseeable future."
MB
By:
Melissa Burden
February 17, 2022 02:44 PM

AutoNation Inc.'s fourth-quarter net income more than doubled as used-vehicle revenue soared 55 percent to effectively cushion the auto retail giant's ongoing struggles with low new-vehicle inventories.

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