Orchid of the Day–AutoNation (AN)
-AutoNation CEO went on CNBC and was extremely bullish on current sales trends and his confidence on auto sales for the rest of the year
”happy to declare the epic winter of 2013 officially over”
”business in the last 10 days of March was simply phenomenal..that follows 10 weeks of (low showroom traffic)”
”going forward..16 million will be achieved..confirmation consumer is coming out of hibernation..will probably have a very strong spring market”
”now say confidently the industry will break through 16 million for the year”
Why is it good news for AutoNation?
-Confidence in good business trends and a recent up-turn inflection point in the business is positive for AutoNation fundamentals