AutoNation CEO Bets Resilient Buyers Will Fuel Rebound
Automotive retailer AutoNation has found that the industry and consumers are “in good shape,” despite declines in sales volume and profit that the company saw in the second quarter, AutoNation CEO Michael Manley said during a Friday (July 31) earnings call. “Consumer sentiment is improving every month,” Manley said. “Our banking partners are reporting 20%…