AutoNation, Inc.: Diversification and Innovation in Financing Solutions Catalyzing Growth! 

AutoNation’s second quarter of 2024 experienced significant disruptions due to an outage at CDK, a key operational systems provider, which considerably affected their results. Despite these challenges, AutoNation’s CEO, Mike Manley, acknowledged that the quarter began positively, with new vehicle sales up by approximately 5% during April and May. However, the CDK outage in June severely impacted multiple business operations, leading to a direct negative impact of about $1.55 per share on their quarterly results.