AutoNation names president of standalone used-car stores


In addition to announcing that it would be shuttering its AutoNation Collision Parts business by year’s end, AutoNation also shared some news from its pre-owned operations on Wednesday.

The retailer appointed a president for AutoNation USA chain of standalone used-car stores, moving current Western Region president Steve Kwak to that position.

The company is making a big push to expand AutoNation USA, with 20 store additions planned for the next three years.

“We see an opportunity to take a larger share of the used vehicle market and benefit from the increased interest in vehicle ownership by our customers. AutoNation’s strong brand, first-class digital capabilities, and One Price pricing strategy, combined with lower acquisition cost and stable used vehicle retail pricing make AutoNation USA stores an attractive opportunity,” AutoNation chairman and chief executive officer Mike Jackson said in a news release.

As far as the ACP business, AutoNation said this segment had less than a 1% share of the company’s parts and service gross profit in the first half of the year. The retailer does plan on continuing its PrecisionParts business.

That segment includes branded maintenance and repair parts sales.

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