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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Hey AutoNation, it's awfully quiet over there!]]></title><link>http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/</guid><comments>http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/good-news/" rel="tag">Good news</a>, <a href="http://www.bloggingstocks.com/category/industry/" rel="tag">Industry</a>, <a href="http://www.bloggingstocks.com/category/conventions-and-conferences/" rel="tag">Conventions and Conferences</a>, <a href="http://www.bloggingstocks.com/category/competitive-strategy/" rel="tag">Competitive Strategy</a>, <a href="http://www.bloggingstocks.com/category/dai/" rel="tag">Daimler (DAI)</a>, <a href="http://www.bloggingstocks.com/category/f/" rel="tag">Ford Motor (F)</a>, <a href="http://www.bloggingstocks.com/category/gm/" rel="tag">General Motors (GM)</a>, <a href="http://www.bloggingstocks.com/category/marketing-and-advertising/" rel="tag">Marketing and Advertising</a>, <a href="http://www.bloggingstocks.com/category/an/" rel="tag">AutoNation Inc (AN)</a></p><p><img width="280" height="84" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2006/12/logo-autonation.gif" />One of the stocks that I like to keep an eye on is AutoNation (NYSE: AN). It interests me due to their number one position in online auto sales and  because of their robust size. I'm getting a bit curious about how quiet it is over there in terms of news items. I'm not the least bit worried about what they're up to. As I've said before, generally a lack of news means that things are going in a business-as-usual fashion.</p>
<p>As of this writing, the most current news item you'll find on the <a href="http://corp.autonation.com/">AutoNation website</a> is their Oct. 26, 2006 news release of their <a href="http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=AN&amp;script=411&amp;layout=-6&amp;item_id=921893">third quarter earnings report.</a> . The most current news piece I can find on the web is a reference to the AutoNation Inc. presentation at the China Auto Services Market Summit, December 5, 2006 at JW Marriott Hotel Shanghai . What this signals to me is that AutoNation is yet another active participant in the massive movement to exploit China's blooming economic opportunities. The summit seemed to be geared more towards automobile service operations than towards outright retailing of automobiles. The logistics of moving cars to market, the financing of new vehicle purchases, underpinning the retail segment, leasing, renting and mechanical service were among the topics of focus. <a href="http://www.globaleaders.com/en/2006/cas.asp">The entire summit</a> signals to me that the groundwork is being carefully laid for a major influx of automobiles into mainland China.</p>
<p>I like the feel of the whole thing. "Detroit's" big three are surely in full preparation for this impending boom. Aren't they? I want to see some advertising fliers showing Chevrolet (NYSE: GM) Silverados parked along the Great Wall. I want to see pictures of the streets of Peking jammed with Nitros (NYSE: DCX) and Explorers (NYSE: F). I want to see some of the money we've spent on cheap Chinese die cast tools and toys coming back as wages for American workers. I want <em>my</em> piece of <em>their</em> economy now. C'mon gang, it's time to bring it on home!</p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/">Hey AutoNation, it's awfully quiet over there!</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 26 Dec 2006 13:20:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/724514/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2006/12/26/hey-autonation-its-awfully-quiet-over-there/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>auto</category><category>automobiles</category><category>autonation</category><category>buick</category><category>chevrolet</category><category>china</category><category>chrysler</category><category>detroit</category><category>dodge</category><category>explorer</category><category>export</category><category>ford</category><category>gm</category><category>gmc</category><category>nation</category><category>nitro</category><category>pontiac</category><category>silverado</category><dc:creator><![CDATA[Gary Sattler]]></dc:creator><pubDate>Tue, 26 Dec 2006 13:20:00 EST</pubDate></item></channel></rss>
