Autonation News

South Florida will host to a town hall meetingA dedicated to the future of hybrid cars,A dubbed Energy & Autos.

The panelists will discuss various new technologies that will power vehicles of the future, and how the use of energy sources including solar, wind and electric will evolve.

Danaher Corp. , the maker of microscopes and water-treatment systems, was sued for adopting corporate bylaws that force shareholders to bring claims against the company solely in a Delaware court.

AutoNation Inc. said Thursday that its new vehicle sales rose 7 percent in January from a year ago, boosted by strong demand for import and luxury vehicles.

But the dealership executives say automakers are likely to remain disciplined in both areas.

"There's going to be a continued or an even stronger focus on [F&I] products, and we've done a good job on products in the past," said COO Mike Maroone.

Mitsubishi UFJ and Mizuho will help as co-lead managers and Comerica , Fifth Third , PNC and US Bancorp - as co-managers of the transaction.

Goldman Sachs boosted their price target on shares of Autonation to $39.00 in a research note issued on Friday.

Total revenue up 13% compared to the year-ago period; revenue for all major categories - new vehicles, used vehicles, parts and service, and finance and insurance - improved compared to the fourth quarter of 2010.

Autonation was upgraded by analysts at Bank of America to a "neutral" rating in a research report issued to clients and investors on Thursday.

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AutoNation reported record quarterly and annual profits, putting a punctuation on the recovery of the U.S. automotive industry mentioned in President Barack Obama's State of the Union speech Tuesday night.

Shares were up $1.65, or 4.54 percent, to $37.99 in premarket trading. The 52-week high was $41.55 on Aug.

S&P 500 component Autonation Inc reported net income above Wall Street's expectations for the fourth quarter.

AutoNation Inc, United States' No. 1 automotive retailer, posted a better-than-expected quarterly profit as sales of new and used cars rose sharply.

AutoNation, Inc . will unveil its latest earnings on Thursday, January 26, 2012.A The average estimate of analysts is for net income of 48 cents per share, a rise of 6.7% from the company's actual earnings for the same quarter a year ago.

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S&P 500 component AutoNation, Inc. will unveil its latest earnings on Thursday, January 26, 2012.

Cadillac's ATS sedan is one example of how carmakers at the Detroit auto show are putting new emphasis on small, powerful models with more fuel-efficient engines.