AutoNation Inc. says the rescue mission for its used-car megastores is working.
The four southern AutoNation USA megastores where the retailer has added new-car dealerships have become more profitable, said Mike Maroone, president of AutoNation's retail operations. He said three to five more megastores are scheduled for integration with new-car dealerships this year.
``The efficiencies come out of consolidating expenses,'' Maroone said.
AutoNation needs to boost profits at its megastores. Initially, the huge used-car lots dazzled Wall Street. More recently, through, they have contributed to the company's sagging stock price. The stock is trading …
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