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AutoNation's 1:00 P.M. Earnings Conference Call Scheduled for Thursday, October 25, 2001

Oct. 23, 2001

FORT LAUDERDALE, Fla., Oct. 23 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest retailer of new and used vehicles, announced today that it has re-scheduled the release of its 2001 third-quarter results of operations to Thursday, October 25 at 7:00 a.m., Eastern Time. The Company will review and discuss these results during a conference call and audio webcast that same afternoon at 1:00 p.m., Eastern Time.

Joining the conference call will be Mike Jackson, Chief Executive Officer; Michael E. Maroone, President and Chief Operating Officer; and Craig T. Monaghan, Chief Financial Officer. They will comment on the Company's 2001 third-quarter results and outlook.

To listen live to the conference call, dial 800-288-8967 or listen via the audio webcast offered at www.autonation.com by clicking on the "Corporate Site" link and then clicking on the Webcast icon. A playback of the conference call will be available after 4:30 p.m., Eastern Time, through November 2, 2001. The playback can be accessed by calling 800-475-6701 (access code 604743) or by visiting the "Audio Presentation" section of the Investor Relations page of AutoNation's corporate site.

About AutoNation, Inc.

AutoNation, Inc. headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer of new and used vehicles, on and off the Web. AutoNation, which is ranked #83 on the Fortune 500, employs approximately 31,000 people and owns and operates 368 automotive retail franchises in 17 states.

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SOURCE AutoNation, Inc.

CONTACT: Oscar Suris of AutoNation, +1-954-769-3576/

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