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AutoNation

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AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products and other aftermarket products. AutoNation also arranges financing for vehicle purchases through third-party finance sources. As of December 31, 2004, the Company owned and operated 358 new vehicle franchises from 281 stores located in major metropolitan markets in 17 states, predominantly in the Sunbelt region of the United States. The Company’s stores sell 35 different brands of new vehicles. The core brands of vehicles that AutoNation sells, representing approximately 98% of the new vehicles that it sold, during the year ended December 31, 2004, were manufactured by Ford, General Motors, DaimlerChrysler, Toyota, Nissan, Honda and BMW.

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