Ivan Feinseth, research director at Matrix USA, says more bad news is to come because of the slowdown in auto sales and increased competition from big guys like AutoNation and CarMax .
Ivan Feinseth, research director at Matrix USA, says more bad news is to come because of the slowdown in auto sales and increased competition from big guys like AutoNation (nyse: AN - news - people ) and CarMax (nyse: KMX - news - people ) .