AutoNation’s quarterly revenue beats estimates on demand for new vehicles, services

By Nathan Gomes and Joseph White (Reuters) -U.S. auto retailer AutoNation on Friday posted better-than-expected second-quarter revenue, as demand for new vehicles and aftermarket services offset the impact of a decline in used-vehicle sales. Demand for used vehicles, which accelerated during the pandemic, has taken a hit after automakers started to ramp up production as…

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