FORT LAUDERDALE, Fla., Dec 11, 2001 /PRNewswire via COMTEX/ -- AutoNation, Inc.
(NYSE: AN), America's largest automotive retailer of new and used vehicles, has
appointed Adam Simms to the new position of Vice President-Used Vehicles.
Effective immediately, Simms becomes part of the Company's Operations Team,
reporting directly to Senior Vice President-Operations Allan Stejskal. In his
new role, Simms will drive sales and profit growth through the implementation of
best practices throughout the Company's $3.9 billion-a-year used vehicle
business. The Company sells its used vehicles primarily at retail through its
368 new vehicle franchises in 17 states.
Simms most recently served as founder, president and chief executive officer of
iMotors, an Internet "clicks and bricks" venture that purchased, reconditioned
and retailed used vehicles through more than 50 retail locations. In addition,
Simms' automotive retail career has spanned 18 years, many of the industry's
manufacturer brands and much of the country.
"Adam has the breadth and depth of automotive retail knowledge to take our
used-vehicle retail business -- already the nation's largest -- to a higher
level. This makes him a valuable addition to the AutoNation team," said Michael
E. Maroone, AutoNation's President and Chief Operating Officer.
About AutoNation, Inc.
AutoNation, Inc., a Fortune 100 company based in Fort Lauderdale, Fla., owns and
operates 368 new vehicle franchises in 17 states, generating more than $20
billion of revenue in 2000. For more information, please visit
www.autonation.com , where shoppers can find approximately 100,000 new and used
vehicles for sale.
Forward-looking Statements
Certain statements and information included in this release constitute
"forward-looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied in such forward-looking statements. Additional discussion of factors
that could cause actual results to differ materially from management's
projections, forecasts, estimates and expectations is contained in the Company's
SEC filings.
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SOURCE AutoNation, Inc.
CONTACT: Oscar Suris of AutoNation, Inc., +1-954-769-3576, or
suriso@AutoNation.com
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