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AutoNation CEO on Rising Car Sales

Mon 09 Jan 12 | 06:55 AM ET
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AutoNation CEO on Rising Car Sales

Mon 09 Jan 12 | 06:55 AM ET
Mike Jackson, AutoNation chairman & CEO, weighs in on 2011 new vehicle sales, which were up 11% from the previous year. "The usual replacement rate is about 15% per year; this year it will move over 20%," he says.
 
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