AutoNation 2015 Annual Report Download - page 3
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Table of Contents
BUSINESS
AutoNation, Inc., through its subsidiaries, is the largest automotive retailer in the United States. As of December 31, 2015, we owned and operated 342
new vehicle franchises from 254 stores located in the United States, predominantly in major metropolitan markets in the Sunbelt region. Our stores, which we
believe include some of the most recognizable and well-known in our key markets, sell 35 different new vehicle brands. The core brands of new vehicles that
we sell, representing approximately 95% of the new vehicles that we sold in 2015, are manufactured by Toyota (including Lexus), Ford, Honda, Nissan,
General Motors, Mercedes-Benz, FCA US (formerly Chrysler), BMW, and Volkswagen (including Audi and Porsche).
We offer a diversified range of automotive products and services, including new vehicles, used vehicles, “parts and service,” which includes automotive
repair and maintenance services as well as wholesale parts and collision businesses, and automotive “finance and insurance” products, which include vehicle
service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. The following charts
present the contribution to total revenue and gross profit by each of new vehicle sales, used vehicle sales, parts and service, and finance and insurance in
2015.
We were incorporated in Delaware in 1991. For convenience, the terms “AutoNation,” “Company,” and “we” are used to refer collectively to AutoNation,
Inc. and its subsidiaries, unless otherwise required by the context. Our store operations are conducted by our subsidiaries. The term “digital channels” refers
to our websites and mobile applications, including mobile phone and tablet applications.
As of December 31, 2015, we had three reportable segments: Domestic, Import, and Premium Luxury. These segments are comprised of retail automotive
franchises that sell the following new vehicle brands:
Buick Ford
Acura Nissan
Alfa Romeo Lexus
Cadillac GMC
Fiat Scion
Audi Maserati
Chevrolet Jeep
Honda Subaru
Bentley Mercedes-Benz
Chrysler Lincoln
Hyundai Toyota
BMW Mini
Dodge Ram
Infiniti Volkswagen
Jaguar Porsche
Mazda Volvo
Land Rover smart
Mitsubishi
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