Today's Research on AutoNation and CarMax: Increased Sales and New Locations are in Order

Mon Jan 28, 2013 8:02am EST

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Today's Research on AutoNation and CarMax: Increased Sales and New Locations are in
Order

LONDON, January 28, 2013 /PRNewswire/ --

    The auto dealerships industry has been on a roll for some time now, and companies
such as Auto Nation Inc. (NYSE : AN) and CarMax Inc. (NYSE : KMX) are hoping that 2013
continues to be prosperous. StockCall analysts completed technical analysis on these two
auto dealers. The free reports can be accessed by signing up now at
http://www.stockcall.com/technicalanalysis  

    The industry has a lot going for it and the assumption that 2013 will be a positive
year is backed by low interest rates, pent up demand, an ageing fleet of vehicles on
U.S. roads and an improving economy. For select companies, such as AutoNation, December
was an encouraging month. AutoNation newly posted figures from its retail new vehicle
unit sales, which for the month of December totalled 27,958. The number represented a
15% increase over the same period last year, and it was helped by double digit increases
from the company's Domestic, Import and Premium Luxury segments. Visit us and register
for our free report on AutoNation and more at http://www.StockCall.com/AN012813.pdf  

    In an attempt to capitalize on the strong demand, several companies have been
expanding their geographical presence. CarMax is a good example of this, as it is set to
open its second location in Jacksonville Florida on February 23, 2013. The company also
has plans for further expansions this year. For its most recent quarter the largest used
cars seller in the country, saw its profits jumped by 15.3% to $94.7 million from $82.1
million seen a year ago for the same quarter helped by surging vehicle sales. The
company also saw its Finance arm deliver a 15.8% increase in profit. Read our latest
technical report on CarMax by signing up for free at
http://www.StockCall.com/KMX012813.pdf  

    With earnings season is full swing, investors should note down that AutoNation will
be releasing their financial results this week on January 31st before the market opens. 


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