1. AutoNation opens two new pre-owned vehicle stores in Texas. 2. Total AutoNation USA stores reaches 26 nationwide. 3. New stores bring over 70 jobs to local areas. 4. AutoNation ranked highest automotive dealer on Fortune's admired list. 5. Company raised over $40 million for cancer-related causes.
The expansion signifies strong growth potential and increased job creation, positive indicators of market confidence. Historically, successful openings have often correlated with increased stock prices.
The article discusses significant developments in AutoNation's operational strategy and market position, impacting investor perception positively.
The immediate job creation and store openings can boost sales and consumer interest quickly, impacting the stock in the near term. Previous expansions in local markets often showcased short-term growth in sales and stock value.
FORT LAUDERDALE, Fla., March 3, 2025 /PRNewswire/ -- AutoNation (NYSE: AN), one of the largest automotive retailers in the U.S., announced the grand opening of AutoNation USA stores in Denton and Houston, the company's seventh and eighth pre-owned vehicle retail stores in Texas, bringing the total number to 26 nationwide.
Statewide, AutoNation USA now operates three stores in the greater Houston area, two in the Dallas-Fort Worth Metroplex, and one each in Austin, Corpus Christi and San Antonio.
"Our AutoNation USA teams in Denton and at our Gulf Freeway store are looking forward to making AutoNation USA the number one choice for customers in the region to buy and sell pre-owned vehicles," said Dave Koehler, Chief Operating Officer for AutoNation's Non-Franchised Business. "We look forward to providing great customer experiences and demonstrating why AutoNation is an industry leader and the highest-ranked automotive dealer on the Fortune 2025 World's Most Admired Companies list."
Bringing 35 new jobs to the area and encompassing 18,306 square feet, AutoNation USA Denton joins AutoNation USA Plano in the Dallas-Fort Worth Metroplex, along with more than a dozen new vehicle dealerships including Audi, BMW, Ford, Porsche, MINI, Honda, Hyundai, Chevrolet and Chrysler, Dodge, Jeep and RAM.
In Houston, the new 18,426 square feet AutoNation USA Gulf Freeway store brings more than 36 jobs to the area and joins AutoNation USA stores in Houston and Katy, along with a dozen new vehicle dealerships, including BMW, Ford, Toyota, MINI, Chevrolet, Chrysler, Land Rover and Mercedes-Benz.
Known for its vast selection of high-quality used cars, trucks and SUVs from every major brand, AutoNation USA offers exceptional customer service and more ways to buy and sell pre-owned vehicles with ease. Its 1Price Pre-Owned experience offers competitive, haggle-free pricing and the successful We'll Buy Your Car program provides customers a competitive, no purchase necessary, same-day cash offer valid for seven days.
In celebration of the stores' grand openings, AutoNation honored the Texas chapter of the American Cancer Society as its DRV PNK partner. DRV PNK is AutoNation's largest social impact investment and is the cornerstone of the company's philanthropic strategy to support cancer-related causes. For more than a decade, AutoNation has donated and raised more than $40 million to advance life-saving cancer research and treatment.
AutoNation USA Denton is located at 4201 South Interstate 35-E, Denton, Texas. Store hours are Monday through Saturday, 9 a.m. to 8 p.m.; closed Sunday. For information, call (940) 758-7852 or visit autonationusa.com/dealership/denton.
AutoNation USA Gulf Freeway is located at 14111 Gulf Freeway, Houston, Texas. Store hours are Monday through Saturday, 9 a.m. to 9 p.m.; closed Sunday. For information, call (832) 770-6494 or visit autonationusa.com/dealership/gulf-freeway.
Visit careers.autonation.com to directly apply for career opportunities at AutoNation.
About AutoNation, Inc. AutoNation is one of the largest automotive retailers in the United States, offering innovative products, exceptional services, and comprehensive solutions, empowering our customers to make the best decisions for their needs. With a network of dealerships nationwide strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and provide expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.
Please visit www.autonation.com, investors.autonation.com, and www.twitter.com/AutoNation, where AutoNation discloses additional information about the Company, its business, and its results of operations. Please also visit www.autonationdrive.com, AutoNation's automotive blog, for information regarding the AutoNation community, the automotive industry, and current automotive news and trends.
SOURCE AutoNation, Inc.