Can AutoNation Survive Falling Car Sales?
Sales figures show that US car sales are collapsing. In fact, CleanTechnica estimates American car sales for every non-US automaker fell between May 2018 and May 2019.
Read More
Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
AutoNation (NYSE: AN)
Is AutoNation in Trouble?
Sell AutoNation now because this stock has no place to go but down. Expect AutoNation to struggle with falling sales, declining income and collapsing stock prices for the foreseeable future.
Read More
AutoNation President Suddenly Resigned
The decline has been fueled by growing hysteria about an impending fall in auto sales on Wall Street. Investors might also be unhappy about the company’s new focus on used car sales just as analysts are predicting a major drop in used car prices.
Read More
Can AutoNation Survive?
These figures show us that AutoNation could collapse into the death spiral very quickly. It simply has no additional cash to sustain its operations if the volume of auto purchases collapses suddenly.
Read More