FORT LAUDERDALE, Fla., May 13, 2015 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, announced today the launch of an AutoNation branded vehicle service contract – the "AutoNation Vehicle Protection Plan" – to be sold in all Domestic and Import AutoNation stores.
Mike Jackson, Chairman, CEO and President, said, "Offering a private-label service contract is the next logical step in our 'Coast to Coast' branding initiative that we launched two years ago. This marks the beginning of branding our customer protection products with the AutoNation name."
Mr. Jackson added, "The AutoNation Vehicle Protection Plan provides best in class coverage for our customers. When paired with the existing AutoNation pre-paid maintenance program, it adds another layer of trust and confidence in the AutoNation brand."
AutoNation has partnered with The Warranty Group, the largest provider of service contracts in the country, to administer and insure through its affiliates the AutoNation Vehicle Protection Plan.
About AutoNation, Inc.
AutoNation is transforming the automotive retail industry through bold leadership. We deliver a superior automotive retail experience through our customer-focused sales and service processes. Owning and operating 293 new vehicle franchises, which sell 35 new vehicle brands across 15 states, AutoNation is America's largest automotive retailer, with state-of-the-art operations and the ability to leverage economies of scale that benefit the customer. As an indication of our leadership position in our industry, AutoNation is a component of the S&P 500 Index.
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About The Warranty Group
Celebrating 50 years of industry leadership, The Warranty Group is one of the world's premier global providers of warranty solutions and related benefits, with operations in more than 35 countries and 1,800 employees. With Virginia Surety Company and London General Insurance as its wholly-owned insurance companies, The Warranty Group is a single-source solution that provides underwriting, claims administration, and marketing expertise to some of the world's leading manufacturers, distributors, and retailers of consumer goods including automobiles, homes, consumer appliances, electronics, and furniture, as well as specialty insurance products and services for financial institutions. For more information, visit www.thewarrantygroup.com.
SOURCE AutoNation, Inc.