AutoNation (AN -6.6%) CEO Mike Jackson hit the studio at CNBC to talk up his firm's...

|About: AutoNation Inc (AN)|By:, SA News Editor

AutoNation (AN -6.6%) CEO Mike Jackson hit the studio at CNBC to talk up his firm's penny-short Q3 report. The exec says the miss was tied to the company making fewer buybacks during the quarter than the Street projected. New vehicles sales in Asia were up 35% and the rate of sales in the U.S. outpaced the industry as a whole. (video)