Used inventory still a factor as AutoNation, Asbury share positive outlook

An analyst during the Q&A portion of AutoNation’s third-quarter earnings call on Thursday asked whether the retailer was comfortable with the current inventory levels for used vehicles. The company’s president and CEO Mike Manley answered yes.

“But as we all know in our business, your used inventory can be one of your biggest assets,” Manley said. “But it also can …

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