AutoNation Q4 profit surges 88% on resilient demand; CEO Jackson steps down as chairman

AutoNation Q4 profit surges 88% on resilient demand; CEO Jackson steps down as chairman

AutoNation named Rick Burdick as chairman to succeed Mike Jackson, who remains CEO — a job he’s held for much of the past 20 years. Burdick has been a director since 1991. Jackson said he’s optimistic about U.S. car and truck demand going forward.

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