AutoNation Expands Footprint with Audi and Mercedes-Benz Stores in Chicago

CHICAGO, Sept. 16, 2025 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today announced that it has acquired two luxury stores in Chicago, Ill., effective September 15, 2025. The stores are Fletcher Jones Audi and Mercedes-Benz of Chicago from Fletcher Jones Automotive Group, representing approximately $325M in annual revenue and 4,500 retail new and used vehicle annual unit sales. This acquisition will bring AutoNation's location count in the greater Chicago area to 10, including two Audi stores, three Mercedes-Benz stores, one BMW store, three Import stores, and one collision center. 

"We're thrilled to welcome our two newest locations, Audi of Chicago and Mercedes-Benz of Chicago, their 220 associates, and valued customers to AutoNation," said Mike Manley, Chief Executive Officer. "These acquisitions will enhance our luxury brand portfolio, deepen our presence in a key market, and create scale that drives both customer experience and shareholder value."

About AutoNation, Inc.
AutoNation, one of the largest automotive retailers in the United States, offers innovative products and exceptional services as part of a portfolio of comprehensive solutions for our customers and their automotive needs. With a nationwide network of dealerships strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.

Please visit www.autonation.com, investors.autonation.com, and www.x.com/autonation, where AutoNation discloses additional information about the Company, its business, and its results of operations. 

FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as "anticipates," "expects," "estimates," "intends," "goals," "targets," "projects," "plans," "believes," "continues," "may," "will," "could," and variations of such words and similar expressions are intended to identify such forward-looking statements. Statements regarding our expectations for the future performance of acquired stores and other statements that describe our objectives, goals, or plans, are forward-looking statements. Our forward-looking statements reflect our current expectations concerning future results and events, and they involve known and unknown risks, uncertainties, and other factors that are difficult to predict and may cause our actual results, performance, or achievements to be materially different from any future results, performance, and achievements expressed or implied by these statements.  These risks, uncertainties, and other factors include, among others, our ability to integrate successfully new acquisitions; economic conditions, including changes in tariffs, consumer demand, fuel prices, and/or unemployment, interest, and/or inflation rates; and other factors described in our news releases and filings made under federal securities laws, including, among others, our most recent Annual Report on Form 10-K and subsequent filings. Forward-looking statements contained in this news release speak only as of the date of this news release, and we undertake no obligation to update these forward-looking statements to reflect subsequent events or circumstances. 

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SOURCE AutoNation, Inc.