AutoNation Q3 revenue up 4 percent but net income down 9 percent on airbag, incentive woes

Publicly-listed AutoNation Inc. saw third quarter revenue rise four percent but net income fall nine percent on the back of what AutoNation CEO Mike Jackson said where “Certain manufacturers continued disruptive marketing and sales incentives, which resulted in multi-tier pricing and were unfair for consumers as well as retailers,” as well as costs from Takata airbag recalls, the company reported in a press release.