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Dobbs Acquires Collier Lincoln Mercury

Nov. 14, 2008

MEMPHIS, Tenn., Nov. 14 /PRNewswire-FirstCall/ -- Dobbs Ford at Wolfchase, Memphis' only 7 time consecutive winner of the "Prestigious Ford Presidents Award" announced today that it is purchasing the Collier Lincoln Mercury store located on Covington Pike and is moving it to the Dobbs Ford at Wolfchase. It is the #1 volume Ford store in the Memphis market and has been selling and servicing Ford automobiles in Memphis since the 30's. The Ford Lincoln Mercury dealership will be located at 7925 Highway 64, Memphis Tennessee, 38133.

(Logo: http://www.newscom.com/cgi-bin/prnh/20001017/AUTONATIONLOGO )

"We're excited by what this facility is going to offer our customers and our associates," said Kevin Callahan, Market President. "We're already at the leading edge of automotive retailing with things like our e-vehicle program and our pledge for fair and transparent financing. Dobbs Ford Wolfchase will now be called "Dobbs Ford Lincoln Mercury at Wolfchase."

The structure sits on 12 acres and features 45,000 square feet of enclosed sales and service space. The service area includes 42 service bays, each equipped with the most contemporary diagnostic and maintenance tools in the industry.

Dobbs Ford at Wolfchase, along with all of the dealerships in Tennessee that operate under the Dobbs name, is part of AutoNation, Inc. (NYSE: AN), America's largest automotive retailer. Currently, AutoNation's franchises in Tennessee offer new vehicles, Ford, Pontiac-GMC, Nissan and Honda as well as used vehicles, parts and services, and finance and insurance products.

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer and has been named America's Most Admired Automotive Retailer by FORTUNE Magazine in five of the last seven years. A component of the Standard and Poor's 500 Index, AutoNation owns and operates 239 new vehicle franchises in 15 states. For additional information, please visit http://corp.autonation.com or www.autonation.com, where more than 80,000 vehicles are available for sale along with AutoNation's E-Vehicle program.

SOURCE AutoNation, Inc.

CONTACT:
Marc Cannon
AutoNation, Inc.
+1-954-769-3146

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