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AutoNation Halts Sales of Vehicles Equipped with Recalled Airbags

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Market Trends

AutoNation, Inc., the largest U.S. auto retail group, has stopped selling cars equipped with Takata Corp air bags involved in a massive global recall involving more than 16 million vehicles, Chief Executive Mike Jackson said on Tuesday. “We as a company have made the decision not to retail any vehicle that is involved in this recall until it is repaired and the vehicles that do come in for service, we are advising the customer not to put a passenger in front of that air bag until it’s repaired,” Jackson said in an interview with Reuters.

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Stock to Watch: AutoNation Inc. (NYSE:AN)
Markets Wired, December 11, 2014