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

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

  PR Newswire

  LONDON, January 28, 2013

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 31 ^st before
the market opens.  

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