AutoNation sells 8 dealerships for $156 million

A white automotive dealership with red, white and blue signs. — Nick Mayer Jr. purchased this Ford dealership in Wickliffe, Ohio, in August from AutoNation. It was one of eight dealerships the auto retail giant sold in the third quarter. (FACEBOOK)

October 31, 2024 01:24 PM

AutoNation Inc. sold eight dealerships in the third quarter, pocketing $156 million as it sought to move away from stores it said were underperforming.

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