{"id":832743,"date":"2025-04-01T18:06:30","date_gmt":"2025-04-01T22:06:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\/"},"modified":"2025-04-01T18:06:30","modified_gmt":"2025-04-01T22:06:30","slug":"autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\/","title":{"rendered":"AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n FORT LAUDERDALE, Fla.<\/span>
\n <\/span>, April 1, 2025<\/span><\/span> \/PRNewswire\/ — AutoNation <\/a>(NYSE: AN) today announced that it has\u00a0acquired\u00a0Groove Ford and Groove Mazda, effective March 31, 2025<\/span>. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. In 2024,\u00a0the stores sold\u00a0nearly 5,000 new and used vehicles with\u00a0approximately\u00a0$219M in annual revenue.\u00a0Both stores are\u00a0located in Englewood, Colorado<\/span>, and\u00a0mark\u00a0the\u00a0first AutoNation Mazda\u00a0and second AutoNation Ford\u00a0in the state, bringing AutoNation’s substantial footprint in Colorado<\/span> to 13 Domestic, 6 Import, and 3 AutoNation USA<\/span> dealerships concentrated in the greater Denver<\/span> area.<\/p>\n

“We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates\u00a0to AutoNation,” said\u00a0Mike Manley,\u00a0Chief Executive Officer at AutoNation. “These acquisitions build on our strategy to add density into markets where we already have a presence. It allows us to rapidly bring significant scale synergies to the new dealerships, expanding on the current success of these stores and delivering strong returns to our shareholders.”<\/p>\n

\n
\n About AutoNation, Inc.<\/u>
\n <\/b>\n <\/p>\n

AutoNation, one of the largest automotive retailers in the United States<\/span>, offers innovative products, exceptional services, and comprehensive solutions, and empowers its customers to make the best decisions for their needs. With a nationwide network of dealerships strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services. Through DRV PNK, we have raised over $40 million<\/span> for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.<\/p>\n

Please visit www.autonation.com<\/a>, investors.autonation.com<\/a>, and www.x.com\/autonation<\/a>, where AutoNation discloses additional information about the Company, its business, and its results of operations.<\/p>\n

\n
\n Forward-Looking Statements<\/u>
\n <\/b>\n <\/p>\n

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,” “estimates,” “intends,” “strategy,” “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 expectations for the future performance of acquired stores and for shareholder returns, as well as other statements that describe our strategies, 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 integrate successfully new acquisitions; our ability to maintain or gain market share; our ability to maintain and enhance our retail brands and reputation; economic conditions, including changes in unemployment, interest, and\/or inflation rates, consumer demand, fuel prices, and tariffs; the success and financial viability and the incentive and marketing programs of vehicle manufacturers and distributors with which we hold franchises; 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.<\/p>\n

\n

\n
\n \"AutoNation
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado-302417602.html<\/a><\/p>\n

SOURCE AutoNation, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire FORT LAUDERDALE, Fla. , April 1, 2025 \/PRNewswire\/ — AutoNation (NYSE: AN) today announced that it has\u00a0acquired\u00a0Groove Ford and Groove Mazda, effective March 31, 2025. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. In 2024,\u00a0the stores sold\u00a0nearly 5,000 new and used vehicles with\u00a0approximately\u00a0$219M in annual revenue.\u00a0Both stores are\u00a0located in Englewood, Colorado, and\u00a0mark\u00a0the\u00a0first AutoNation Mazda\u00a0and second AutoNation Ford\u00a0in the state, bringing AutoNation’s substantial footprint in Colorado to 13 Domestic, 6 Import, and 3 AutoNation USA dealerships concentrated in the greater Denver area. “We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates\u00a0to AutoNation,” said\u00a0Mike Manley,\u00a0Chief Executive Officer at AutoNation. “These acquisitions build … <\/p>\n

Continue reading “AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832743","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAutoNation Expands Footprint with the Acquisition of Two Stores in Colorado - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire FORT LAUDERDALE, Fla. , April 1, 2025 \/PRNewswire\/ — AutoNation (NYSE: AN) today announced that it has\u00a0acquired\u00a0Groove Ford and Groove Mazda, effective March 31, 2025. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. In 2024,\u00a0the stores sold\u00a0nearly 5,000 new and used vehicles with\u00a0approximately\u00a0$219M in annual revenue.\u00a0Both stores are\u00a0located in Englewood, Colorado, and\u00a0mark\u00a0the\u00a0first AutoNation Mazda\u00a0and second AutoNation Ford\u00a0in the state, bringing AutoNation’s substantial footprint in Colorado to 13 Domestic, 6 Import, and 3 AutoNation USA dealerships concentrated in the greater Denver area. “We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates\u00a0to AutoNation,” said\u00a0Mike Manley,\u00a0Chief Executive Officer at AutoNation. “These acquisitions build … Continue reading "AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-01T22:06:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/606599\/AutoNation_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado\",\"datePublished\":\"2025-04-01T22:06:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/\"},\"wordCount\":626,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/606599\\\/AutoNation_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/autonation-expands-footprint-with-the-acquisition-of-two-stores-in-colorado\\\/\",\"name\":\"AutoNation Expands Footprint with the Acquisition of Two Stores in Colorado - 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