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AutoNation Revenue Declines on Weaker New, Used Vehicle Sales

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AutoNation AN 6.19%increase; green up pointing triangle reported lower fourth-quarter revenue, weighed down by fewer comparable sales of both new and used vehicles.

The company posted net income of $172.1 million, down from $186.1 million the year before. On a per-share basis, earnings rose to $4.70 from $4.64.

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