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AutoNation to purchase its forthcoming captive

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AutoNation to purchase its forthcoming captive

AutoNation is inching closer to buying a captive finance arm as the retailer’s F&I revenue increases. Chief Executive Mike Manley first announced AutoNation was seriously pursuing a captive in February, marking the third dealership in less than a year to take that step — Asbury Automotive and Penske Automotive previously announced similar intentions. Vroom, too, […]

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