Bay Area counties part of AutoNation settlement over tardy title transfers

Bay Area counties part of AutoNation settlement over tardy title transfers

The car dealership network AutoNation Inc. has agreed to pay $650,000 in fines and overhaul its policies to settle a six-county lawsuit — including three from the Bay Area — over tardy title transfer practices that prevented used car buyers from officially owning their vehicles, authorities said. District attorneys in Santa Clara, San Francisco, Sonoma, Los Angeles, Riverside and Ventura counties sued AutoNation alleging that 42 of its dealershi…

AutoNation Closes $500 Million Senior Note Sale; Coterra Energy Announces Board Retirements

AutoNation, Inc. announced that it completed the sale of $500 million aggregate principal amount of 5.890% Senior Notes due 2035 on February 24, 2025. The transaction, executed under an underwriting agreement entered into on February 19, 2025, was led by a group of underwriters that includes BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities […]