- Reuters
Ripple effect from CDK hack widens as more US auto dealers flag hit
AutoNation, a leading auto retailer in the U.S. said the outage was disruptive and had adversely impacted its business though its outlets remain open, continuing to sell, service, and buy vehicles. "As the incident is ongoing, the full scope, nature and impact of the incident is not yet known," AutoNation said. Both said they had taken precautionary steps to protect their data.
- Barrons.com
Buy AutoNation and Sell CarMax, Analyst Says. It’s a Tale of 2 Markets.
“Our recent channel checks indicate that the sourcing environment for used cars is still challenging,” BofA Securities analyst John Murphy wrote.
- Insider Monkey
Here’s What Bonhoeffer Capital Management Thinks About AutoNation (AN)
Bonhoeffer Capital Management, an asset management company, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2024, the fund returned 5.9% net of fees compared to 5.7% returns for MSCI World ex-US, a broad-based index, and 5.3% return for the DFA International Small Cap […]
