AutoNation USA store brings Charleston consumers easy way to shop for pre-owned cars
CHARLESTON, S.C., February 25, 2022 –AutoNation, Inc. (NYSE:AN), America’s largest and most admired automotive retailer, announced the opening of AutoNation USA Charleston, the first in the state and one of several locations the company expects to open across the U.S. in 2022. The 31,500 square-foot Charleston store brings nearly 30 new jobs to the region.
AutoNation USA Charleston is the 11th AutoNation USA store in the country. The company plans to have over 130 AutoNation USA stores in operation from coast to coast by the end of 2026. In South Carolina, AutoNation owns and operates 13 new vehicle dealerships and one collision repair center.
Offering pre-owned vehicles at competitive prices and a stress-free Customer experience, AutoNation USA redefines the pre-owned car-buying experience with a focus on the Customer, including easy-to-use digital tools for searching pre-owned vehicle inventory online to find the car they are looking for at a guaranteed low price.
"We are looking forward to serving the Charleston market and introducing our seamless car shopping experience that makes it easy for Customers to find the pre-owned car they are looking for at a competitive price,” said Jason Muncy, AutoNation Market President. “We prioritize giving back to the communities we serve through job creation and our Drive Pink initiative, which has raised more than $30 million in the fight against cancer. With our expansion into the Charleston region, we look forward to establishing local philanthropic partnerships.”
AutoNation USA is known for its 1Price Pre-Owned experience which is designed to make buying a pre-owned vehicle easy, with competitive, haggle-free pricing. The company's We'll Buy Your Car program offers Customers a competitive cash offer to sell their vehicles directly to AutoNation, with no purchase necessary, and get paid the same day.
The AutoNation USA store is located at 2250 Savannah Highway, Charleston, S.C. 29414. Store hours are Monday through Saturday, 9 a.m. to 9 p.m., and closed on Sunday. Visit AutoNationUSA.com or call AutoNation USA in Charleston at (854) 222-6600.
About AutoNation, Inc.
AutoNation, a provider of personalized transportation services, is driven by innovation and transformation. As one of America's most admired companies, AutoNation delivers a peerless customer experience recognized by data-driven consumer insight leaders, Reputation and J.D. Power. Through its bold leadership and brand affinity, the AutoNation Brand is synonymous with "DRVPNK" and "What Drives You, Drives Us." AutoNation has a singular focus on personalized transportation services that are easy, transparent, and customer-centric.
Please visit www.autonation.com, investors.autonation.com, and www.twitter.com/AutoNation, where AutoNation discloses additional information about the Company, its business, and its results of operations. Please also visit www.autonationdrive.com, AutoNation's automotive blog, for information regarding the AutoNation community, the automotive industry, and current automotive news and trends.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as "anticipates," "expects," "intends," "goals," "targets," "projects," "plans," "believes," "continues," "may," "will," "could," and variations of such words and similar expressions are intended to identify such forward-looking statements. Statements regarding our strategic initiatives, partnerships, or investments, including the planned expansion of our AutoNation USA pre-owned vehicle stores and our investments in digital and online capabilities, statements regarding our expectations for the future performance of our business and the automotive retail industry, and other statements that describe our objectives, goals, or plans, are forward-looking statements. Our forward-looking statements reflect our current expectations concerning future results and events, and they involve known and unknown risks, uncertainties, and other factors that are difficult to predict and may cause our actual results, performance, or achievements to be materially different from any future results, performance, and achievements expressed or implied by these statements. These risks, uncertainties, and other factors include, among others: our ability to implement successfully our strategic initiatives, partnerships, and investments, including the planned expansion of our AutoNation USA stores; our ability to identify, acquire, and build out suitable locations in a timely manner; our ability to develop successfully our digital and online capabilities; our ability to maintain and enhance our retail brands and reputation and to attract consumers to our own digital channels; our ability to acquire and integrate successfully new franchises; restrictions imposed by vehicle manufacturers and our ability to obtain manufacturer approval for acquisitions; economic conditions, including changes in unemployment, interest, and/or inflation rates, consumer demand, fuel prices, and tariffs; supply chain disruptions and inventory availability; new and used vehicle margins; our ability to attain planned sales volumes within our expected time frames; our ability to successfully implement and maintain expense controls; the success and financial viability and the incentive and marketing programs of vehicle manufacturers and distributors with which we hold franchises; the response by federal, state, and local governments and other parties to, and the economic impacts of, the COVID-19 pandemic; natural disasters and other adverse weather events; the resolution of legal and administrative proceedings; regulatory factors affecting our business, including fuel economy requirements; the announcement of safety recalls; factors affecting our goodwill and other intangible asset impairment testing; and other factors described in our news releases and filings made under the securities laws, including, among others, our Annual Reports on Form 10-K, our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. Forward-looking statements contained in this news release speak only as of the date of this news release, and we undertake no obligation to update these forward-looking statements to reflect subsequent events or circumstances.